West Lebanon, VT

Population: 13,145
Average annual home appreciation rate: -1.86%
Total of homes for sale in this market:
Median home price: $210,005
Median Rent: $903
Home price range: 41.32% of homes are between $185,001 – $277,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 47.24% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 4.65%
Number of renters: 46.98%
Number of owner occupied: 53.02%
Number people living below poverty level: 9.46%
Unemployment rate: 3.20%
Is this area perfect for real estate deals going on right now? Lebanon has been a “down” market for quite some time now. It’s important to be said… overall, the home prices are lower than many markets in the US at this time, and the rents are much higher than the national average. Since the market is down, that means there will be opportunities for savvy investors to enter the market now, (and like history shows), hopefully make a great increase on investment as the market makes its long promised return.

Montpelier, VT

Population: 7,755
Average annual home appreciation rate: 0.11%
Total of homes for sale in this market: 64
Median home price: $202,990
Median Rent: $890 per room
Home price range: 40.88% of homes are between $96,001 – $192,000
Median sales price: Still gathering data
Number of homes: Still gathering data
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 48.63% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.29%
Number of renters: 43.52%
Number of owner occupied: 56.48%
Number people living below poverty level: 8.84%
Unemployment rate: 3.30%
Is this area perfect for real estate deals going on right now? There is always opportunity for savvy real estate investors in a market that has been ‘down’ for some time.

Burlington, VT

Population: 42,284
Average annual home appreciation rate: 9.52%
Total of homes for sale in this market: 84
Median home price: $259,403
Median Rent: $1,023 per room
Home price range: 43.56% of homes are between $205,001 – $307,000
Median sales price: $272,500
Number of homes: 1
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 33.76% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 3.47%
Number of renters: 65.95%
Number of owner occupied: 34.05%
Number people living below poverty level: 25.10%
Unemployment rate: 3.00%
Is this area perfect for real estate deals going on right now? Importantly, this makes Burlington one of the highest appreciating communities in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength.

Rutland, VT

Population: 16,126
Average annual home appreciation rate: -0.55%
Total of homes for sale in this market: 240
Median home price: $152,555
Median Rent: $762 per room
Home price range: 59.28% of homes are between $96,001 – $192,000
Median sales price: $123,502
Number of homes: 10
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 50.39% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 10.41%
Number of renters: 49.77%
Number of owner occupied: 50.24%
Number people living below poverty level: 15.25%
Unemployment rate: 5.30%
Is this area perfect for real estate deals going on right now? When one looks at the success of real estate investors overall, you will find that many of them have found their success when investing in properties in areas such as Rutland when the economy is down, and then benefiting from the recovery when it begins to move up, and the appreciation rates climb with the economic bounce back.