Fairlee, VT05045

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$387,000
5.4% YoY Growth
Median Household Income
$73,900
25.0% 5-Year Growth
Days on Market
133
247.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,150
N/A
1-Bed Rent
$1,150
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Fairlee, VT

As of Oct '25, Realtor.com reports that the median days on market for a home in Fairlee, VT is 133. This is a increase of 247.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,000,000151.0%
Listing Count
5-48.0%
Listings as % of Homes0.1%-48.0%
Days on Market
133247.0%
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Demographics — Fairlee, VT

As of the latest ACS Survey released in 2023, Fairlee, VT has a population of 1,790, which has decreased by -5.4% over the past 5 years. Fairlee, VT is a less popular place for families, as children make up 11.6% of the population. The area has a highly educated workforce, with 54.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,790-5.4%
% Under 18
11.6%-40.5%
% Seniors
27.0%24.4%
% WFH
13.8%4.5%
% w/ College Degree
54.8%51.4%
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As of the latest ACS Survey released in 2023, Fairlee, VT is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Fairlee, VT is asian, making up 3.0% of the population. Foreign-born residents account for 2.7% of the population in Fairlee, VT, and this percentage has decreased by 15.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
90.3%-6.6%
% Black
0.1%∞%
% Hispanic
2.6%420.0%
% Asian
3.0%233.3%
% Foreign Born
2.7%-15.6%
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Mortgage and Risk — Fairlee, VT

According to HUD data as of 2023, there were 26 mortgage originations in Fairlee, VT, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Fairlee, VT. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
26
% Conventional Loans
92.0%
% Government Loans
8.0%
% Investor Loans
0.0%
% Second Loans
8.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Fairlee, VT

Fairlee, VT lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
7
Total Units Section 8
7
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$40$1,150$1,190
2 BedroomN/AN/A$1,450
3 BedroomN/AN/A$1,900
4 BedroomN/AN/A$1,990

Affordability — Fairlee, VT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.3
Median Home Price$387,000
Median Household Income$73,900

Fairlee, VT — ZIP Code Boundary Map

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Frequently Asked Questions