Maple syrup and the Inexperienced Mountains, picturesque countryside and quaint villages, New England appeal and outside recreation throughout the snowy winters, there’s a lengthy record of issues to like about Vermont. The state’s sense of neighborhood, pure magnificence, and native appeal would possibly simply persuade you to purchase or hire a house in Vermont.
So when you’re contemplating residing someplace in Vermont then likelihood is you even have a price range you’re hoping to remain underneath in your house or house search. On the subject of shopping for a house in Vermont the median residence sale value is $390,700.
If that value is out of your price range, don’t fear, we’ve bought choices that can assist you discover a residence. Redfin has collected 3 of probably the most inexpensive locations to reside in Vermont. And the very best half is that all of them have a median residence sale value underneath the state’s common. From Bennington to Rutland, let’s soar in and see what cities are on the record.
#1: Bennington
Median residence value: $141,500Common sale value per sq. foot: $125 Median family earnings: $46,460 Nearest main metro: Albany, NY (40 miles)Bennington, VT houses on the marketBennington, VT residences for hire
With a median residence sale value of $141,500, Bennington lands the primary spot on our record as probably the most inexpensive place to reside in Vermont. About 15,300 individuals reside on this metropolis and is roughly 40 miles from the closest metropolitan metropolis, Albany, NY. When you’re contemplating transferring to this space ensure that to cease by the Bennington Battle Monument the place you may see Vermont, New York, and Massachusetts from the statement deck, hike White Rocks, or discover the charming downtown space.
#2: Brattleboro
Median residence value: $196,500 Common sale value per sq. foot: $162 Median family earnings: $36,090 Nearest main metro: Springfield, MA (30 miles)Brattleboro, VT houses on the marketBrattleboro, VT residences for hire
Taking second place on our record of inexpensive cities to reside in Vermont is Brattleboro. When residing on this metropolis of 12,200 individuals, you may take a look at landmarks just like the Retreat Tower and the Creamery Coated Bridge. Be sure that to hike the Retreat Tower Path, and stroll by way of downtown the place you’ll discover charming eating places, museums, and views of the Connecticut River.
#3: Rutland
Median residence value: $251,500 Common sale value per sq. foot: $178 Median family earnings: $48,182 Nearest main metro: Albany, NY (70 miles)Rutland, VT houses on the marketRutland, VT residences for hire
Our last metropolis goes to Rutland the place about 15,800 residents presently reside. The median residence sale value is $251,500 which is about $140K lower than the median residence sale value in Vermont. If you end up transferring to the third most inexpensive place, ensure that to hike, mountain bike, and discover the expansive Pine Hill Park, discover the close by Aitken State Forest, and take a look at the native eating places downtown.
Methodology: All cities will need to have over 10,000 residents per the US Census and have a median residence sale value underneath the typical median residence sale value in Vermont. Median residence sale value and median sale value per sq. foot from the Redfin Information Heart throughout August 2023. Common rental information from Lease.com August 2023. Inhabitants and median family earnings information sourced from the United States Census Bureau.
