The story of this market
The typical home in Essex Junction, Vermont sells for about $437,500, or $218 per square foot.
Prices are down 30% from a year ago, which gives buyers more room to negotiate. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $2,180 a month.
Monthly price momentum
Home values since 2015
+2.6%
VT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Essex Junction, Vermont
The Essex Junction housing market is currently very competitive, characterized by low inventory and high demand. While median prices have seen significant year-over-year fluctuations, the area remains a desirable location for families and professionals, supported by a strong local economy and relatively short commute times.
No ARED county foreclosure postings attributed to Essex Junction yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 5.2% year over year.
Homes spend a median of 41 days on market with 3.2 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.4% · poverty 9.5% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A central community resource providing educational materials, public programs, and a gathering space for residents.
Provides outdoor recreational space for residents, contributing to the local quality of life and property appeal.
Essex Junction is well-suited for families and professionals seeking a stable, community-oriented environment with relatively short commute times and access to local amenities.
The city is served by the Essex Junction School District, which is generally regarded for its educational quality and community-focused approach to student development.
Residents primarily commute by driving alone, with an average commute time of 19.2 minutes, reflecting efficient access to regional employment centers.
The city offers a variety of local parks and community-focused recreation facilities, including the Brownell Library, which serves as a central hub for community engagement and events.
The rental market is characterized by a median rent of $2,180, reflecting a 10% increase over the past year and indicating sustained demand for housing in the area.
The local economy is diverse, employing approximately 6,590 people, with a strong emphasis on community-based services and local business support.
Economic momentum is supported by local initiatives and capital improvement projects, though specific major corporate relocations are not currently published.
Development is currently focused on local infrastructure and community-approved capital improvement projects aimed at economic development.
The city operates under its own municipal jurisdiction with specific tax levies for economic development and social services.
The city faces a severe risk of flooding, with approximately 5% of properties identified as being at risk of severe flooding over the next 30 years.
Property insurance considerations are influenced by the identified severe flood risk for a portion of the city's housing stock.
The city utilizes a general fund tax rate, supplemented by specific voter-approved taxes for economic development and social services, with adjustments following periodic property reappraisals.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 0.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and Data USA profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.