Essex, VT—05452
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Essex, VT
As of Oct '25, the median home price in Essex, VT is $475,000, with a year-over-year change of 0.9%. This indicates that home prices in Essex, VT are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $475,000 | 0.9% |
| Single Family | $510,000 | 0.8% |
| Condos | $345,000 | 0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $239,000 | 0.8% |
2 Bed | $343,000 | 0.6% |
3 Bed | $500,000 | 1.0% |
4 Bed | $617,000 | 2.0% |
| 5 Bed | $611,000 | 2.0% |
% of Housing Stock
Rental Trends — Essex, VT
As of July '25, Rentcast reports the average rent in Essex, VT is $2,320, with a year-over-year rent change of 7.4%. Per bedroom, the median rent as of July '25 in Essex, VT is 1-bedrooms: $1,980, 2-bedrooms: $2,510, 3-bedrooms: $3,290. The most common rental property sizes in Essex, VT are 2-bedroom and 1-bedroom, accounting for 57.1% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,960 | $1,980 |
| 2 Bed Rent | $2,680 | $2,510 |
| 3 Bed Rent | $3,200 | $3,290 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Essex, VT
As of Oct '25, Realtor.com reports that the median days on market for a home in Essex, VT is 41. This is a increase of 99.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $509,000 | 7.0% |
Listing Count | 72 | 127.0% |
| Listings as % of Homes | 0.1% | 127.0% |
Days on Market | 41 | 99.0% |
Demographics — Essex, VT
As of the latest ACS Survey released in 2023, Essex, VT has a population of 22,500, which has increased by 4.9% over the past 5 years. Essex, VT is a moderately popular place for families, as children make up 21.1% of the population. The area has a highly educated workforce, with 53.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,500 | 4.9% |
% Under 18 | 21.1% | -3.7% |
% Seniors | 17.5% | 19.9% |
% WFH | 16.9% | 550.0% |
% w/ College Degree | 53.7% | 4.7% |
As of the latest ACS Survey released in 2023, Essex, VT is a predominantly white area, with 83.9% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Essex, VT is asian, making up 5.3% of the population. Foreign-born residents account for 12.2% of the population in Essex, VT, and this percentage has increased by 16.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.9% | -4.0% |
% Black | 3.7% | 54.2% |
% Hispanic | 2.3% | -17.9% |
% Asian | 5.3% | 0.0% |
% Foreign Born | 12.2% | 16.2% |
Mortgage and Risk — Essex, VT
According to HUD data as of 2023, there were 414 mortgage originations in Essex, VT, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Essex, VT. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 414 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Essex, VT
Essex, VT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 452 |
Total Units Section 8 | 412 |
% Rentals under Section 8 | 13.8% |
% Occupied Section 8 | 81.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$500 | $1,960 | $1,460 |
| 2 Bedroom | -$760 | $2,680 | $1,920 |
| 3 Bedroom | -$730 | $3,200 | $2,470 |
| 4 Bedroom | N/A | N/A | $2,550 |
Affordability — Essex, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $475,000 |
| Median Household Income | $97,700 |