Norwich, VT—05055
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Norwich, VT
Norwich, VT lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $767,000 | -2.3% |
| Single Family | $771,000 | -2.4% |
| 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 — Norwich, VT
As of July '25, Rentcast reports the average rent in Norwich, VT is $2,840, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Norwich, VT is 2-bedrooms: $1,820, 3-bedrooms: $3,480, 4-bedrooms: $3,200. The most common rental property sizes in Norwich, VT are 2-bedroom and 1-bedroom, accounting for 33.1% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $2,840 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,820 | $1,820 |
| 3 Bed Rent | $3,480 | $3,480 |
| 4 Bed Rent | $3,200 | $3,200 |
% of Rental Stock
Property Listings — Norwich, VT
As of Oct '25, Realtor.com reports that the median days on market for a home in Norwich, VT is 121. This is a decrease of -11.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,240,000 | 1.0% |
Listing Count | 11 | -15.0% |
| Listings as % of Homes | 0.3% | -15.0% |
Days on Market | 121 | -11.0% |
Demographics — Norwich, VT
As of the latest ACS Survey released in 2023, Norwich, VT has a population of 3,460, which has increased by 7.6% over the past 5 years. Norwich, VT is a popular place for families, as children make up 25.1% of the population. The area has a highly educated workforce, with 82.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,460 | 7.6% |
% Under 18 | 25.1% | 8.7% |
% Seniors | 13.9% | -22.3% |
% WFH | 18.1% | 70.8% |
% w/ College Degree | 82.1% | 3.1% |
As of the latest ACS Survey released in 2023, Norwich, VT is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Norwich, VT is asian, making up 4.0% of the population. Foreign-born residents account for 5.5% of the population in Norwich, VT, and this percentage has decreased by 3.5% 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 | 85.7% | -8.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.4% | -30.0% |
% Asian | 4.0% | 166.7% |
% Foreign Born | 5.5% | -3.5% |
Mortgage and Risk — Norwich, VT
According to HUD data as of 2023, there were 50 mortgage originations in Norwich, VT, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Norwich, VT. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Norwich, VT
Norwich, VT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | -$630 | $1,820 | $1,190 |
| 3 Bedroom | -$1,920 | $3,480 | $1,560 |
| 4 Bedroom | -$1,610 | $3,200 | $1,590 |
Affordability — Norwich, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $767,000 |
| Median Household Income | $141,000 |