Fairfax, VT—05454
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairfax, VT
As of Oct '25, the median home price in Fairfax, VT is $453,000, with a year-over-year change of 2.5%. This indicates that home prices in Fairfax, VT are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $453,000 | 2.5% |
| Single Family | $459,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $487,000 | 2.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairfax, VT
As of July '25, Rentcast reports the average rent in Fairfax, VT is $2,080, with a year-over-year rent change of -5.9%. Per bedroom, the median rent as of July '25 in Fairfax, VT is 3-bedrooms: $2,080. The most common rental property sizes in Fairfax, VT are 2-bedroom and 1-bedroom, accounting for 75.1% and 19.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,900 | $2,080 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fairfax, VT
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairfax, VT is 72. This is a increase of 49.0% 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 64.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $541,000 | 8.0% |
Listing Count | 25 | 89.0% |
| Listings as % of Homes | 0.4% | 89.0% |
Days on Market | 72 | 49.0% |
Demographics — Fairfax, VT
As of the latest ACS Survey released in 2023, Fairfax, VT has a population of 5,200, which has increased by 2.9% over the past 5 years. Fairfax, VT is a moderately popular place for families, as children make up 25.0% of the population. The area has a highly educated workforce, with 49.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,200 | 2.9% |
% Under 18 | 25.0% | -10.7% |
% Seniors | 14.2% | 61.4% |
% WFH | 22.6% | 882.6% |
% w/ College Degree | 49.3% | 42.9% |
As of the latest ACS Survey released in 2023, Fairfax, VT is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Fairfax, VT is hispanic, making up 1.7% of the population. Foreign-born residents account for 0.9% of the population in Fairfax, VT, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.9% | -3.9% |
% Black | 0.0% | N/A |
% Hispanic | 1.7% | ∞% |
% Asian | 0.8% | 700.0% |
% Foreign Born | 0.9% | 0.0% |
Mortgage and Risk — Fairfax, VT
According to HUD data as of 2023, there were 152 mortgage originations in Fairfax, VT, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Fairfax, VT. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 152 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Fairfax, VT
Fairfax, VT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 39 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 88.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | N/A | N/A | $1,700 |
| 3 Bedroom | $260 | $1,900 | $2,160 |
| 4 Bedroom | N/A | N/A | $2,270 |
Affordability — Fairfax, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $453,000 |
| Median Household Income | $118,000 |