Underhill, VT—05489
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Underhill, VT
As of Oct '25, the median home price in Underhill, VT is $567,000, with a year-over-year change of -5.1%. This indicates that home prices in Underhill, VT are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $567,000 | -5.1% |
| Single Family | $566,000 | -5.0% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Underhill, VT
Underhill, VT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Underhill, VT
As of Oct '25, Realtor.com reports that the median days on market for a home in Underhill, VT is 116. This is a increase of 201.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $765,000 | 19.0% |
Listing Count | 10 | 35.0% |
| Listings as % of Homes | 0.4% | 35.0% |
Days on Market | 116 | 201.0% |
Demographics — Underhill, VT
As of the latest ACS Survey released in 2023, Underhill, VT has a population of 3,430, which has increased by 4.2% over the past 5 years. Underhill, VT is a moderately popular place for families, as children make up 24.8% of the population. The area has a highly educated workforce, with 45.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,430 | 4.2% |
% Under 18 | 24.8% | 32.6% |
% Seniors | 21.6% | 18.0% |
% WFH | 19.3% | 109.8% |
% w/ College Degree | 45.1% | -17.7% |
As of the latest ACS Survey released in 2023, Underhill, VT is a predominantly white area, with 96.0% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Underhill, VT is black, making up 0.9% of the population. Foreign-born residents account for 3.6% of the population in Underhill, VT, and this percentage has decreased by 14.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.0% | 0.8% |
% Black | 0.9% | 200.0% |
% Hispanic | 0.7% | 16.7% |
% Asian | 0.2% | -81.8% |
% Foreign Born | 3.6% | -14.3% |
Mortgage and Risk — Underhill, VT
According to HUD data as of 2023, there were 139 mortgage originations in Underhill, VT, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Underhill, VT. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 139 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Underhill, VT
Underhill, VT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,630 |
| 2 Bedroom | N/A | N/A | $2,140 |
| 3 Bedroom | N/A | N/A | $2,700 |
| 4 Bedroom | N/A | N/A | $2,850 |
Affordability — Underhill, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $567,000 |
| Median Household Income | $88,000 |