Northfield, VT—05663
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northfield, VT
As of Oct '25, the median home price in Northfield, VT is $318,000, with a year-over-year change of 0.6%. This indicates that home prices in Northfield, VT are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $318,000 | 0.6% |
| Single Family | $319,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $294,000 | 1.4% |
3 Bed | $314,000 | -0.6% |
4 Bed | $356,000 | 2.0% |
| 5 Bed | $382,000 | 1.1% |
% of Housing Stock
Rental Trends — Northfield, VT
As of July '25, Rentcast reports the average rent in Northfield, VT is $1,660, with a year-over-year rent change of 56.6%. Per bedroom, the median rent as of July '25 in Northfield, VT is 1-bedrooms: $1,380, 2-bedrooms: $1,670, 3-bedrooms: $1,950. The most common rental property sizes in Northfield, VT are 2-bedroom and 3-bedroom, accounting for 37.7% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,380 | $1,380 |
| 2 Bed Rent | $1,800 | $1,670 |
| 3 Bed Rent | $1,950 | $1,950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Northfield, VT
As of Oct '25, Realtor.com reports that the median days on market for a home in Northfield, VT is 66. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $362,000 | -20.0% |
Listing Count | 18 | 67.0% |
| Listings as % of Homes | 0.0% | 67.0% |
Days on Market | 66 | -2.0% |
Demographics — Northfield, VT
As of the latest ACS Survey released in 2023, Northfield, VT has a population of 6,770, which has increased by 2.6% over the past 5 years. Northfield, VT is a less popular place for families, as children make up 12.9% of the population. The area has a moderately educated workforce, with 36.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,770 | 2.6% |
% Under 18 | 12.9% | -3.0% |
% Seniors | 19.4% | 17.6% |
% WFH | 11.8% | 57.3% |
% w/ College Degree | 36.8% | 31.0% |
As of the latest ACS Survey released in 2023, Northfield, VT is a predominantly white area, with 90.4% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Northfield, VT is hispanic, making up 2.9% of the population. Foreign-born residents account for 2.7% of the population in Northfield, VT, and this percentage has increased by 3.8% 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 | 90.4% | -3.5% |
% Black | 0.3% | -76.9% |
% Hispanic | 2.9% | -6.5% |
% Asian | 1.3% | 225.0% |
% Foreign Born | 2.7% | 3.8% |
Mortgage and Risk — Northfield, VT
According to HUD data as of 2023, there were 66 mortgage originations in Northfield, VT, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Northfield, VT. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Northfield, VT
Northfield, VT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 89.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $1,380 | $1,000 |
| 2 Bedroom | -$490 | $1,800 | $1,310 |
| 3 Bedroom | -$300 | $1,950 | $1,650 |
| 4 Bedroom | N/A | N/A | $1,780 |
Affordability — Northfield, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $318,000 |
| Median Household Income | $72,100 |