Price Drop −$10K
24
$155,000
Address unavailable
Montpelier, VT 05602
3 bd2 ba960 sqft$161/ft²
Mobile home
Cam Tu Thai · Ridgeline Real Estate
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Montpelier, VT Housing Market
Balanced market-0.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Montpelier, VT is worth $423,230, held roughly flat 0.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $450,000, -12.5% year over year (through May 2026). With 3.1 months of supply and homes going under contract in about 51 days, Montpelier is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $423,230 home is about $2,259/mo in principal and interest.
Key numbers for Montpelier, VT
Typical home value
$423,230
-0.3% in 12 months
Zillow, August 2026
Typical asking rent
$1,455/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$450,000
-12.5% year over year
Redfin, through May 2026
Days on market
51
Average pace
Redfin, through May 2026
Active listings
28
3.1 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$79,175
Home costs 5.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
97.4%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Montpelier a buyer's or seller's market?
Balanced market3.1 months of supply51 days on market97.4% of asking
Montpelier, VT is a balanced market, based on 3.1 months of supply and homes selling in about 51 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Montpelier housing market data show?
Every row below is Redfin's final published month for Montpelier, VT. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $450,000 |
| Median list price | $489,000 |
| Year-over-year price change | -12.5% |
| Median price per sq ft | $262/sq ft |
| Median days on market | 51 days |
| Active inventory | 28 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 97.4% |
| Homes sold (that month) | 9 |
| New listings (that month) | 19 |
| Listings with a price cut | 21.4% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Montpelier is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Montpelier is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Montpelier home prices moved?
Over the last three years the median sale price in Montpelier, VT rose 18.4%, from $380,000 to $450,000. The live Zillow value series has held roughly flat 0.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 21.4% of Montpelier listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.1 months while the sale-to-list ratio slips below its current 97.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Montpelier?
Priced off the typical home value of $423,230 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $84,646 | $338,584 | $2,259/mo |
| 5% | $21,162 | $402,069 | $2,683/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,259, that implies roughly $96,833 a year before you add taxes and insurance. The median household in Montpelier earns $79,175, about $17,658 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.3x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Montpelier in the next 12 months?
Tell us your timeline. We send the Montpelier market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Montpelier?
Typical asking rent in Montpelier, VT is $1,455/mo, against a typical home value of $423,230. That is a price-to-rent ratio of 24.2x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,259 a month — $804 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Montpelier?
Active listings in Montpelier, VT went from 36 in May 2025 to 28 in May 2026, a -22.2% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 37 | 12 |
| July 2025 | 41 | 13 |
| August 2025 | 39 | 14 |
| September 2025 | 38 | 5 |
| October 2025 | 27 | 6 |
| November 2025 | 19 | 2 |
| December 2025 | 18 | 7 |
| January 2026 | 17 | 3 |
| February 2026 | 21 | 5 |
| March 2026 | 20 | 6 |
| April 2026 | 22 | 16 |
| May 2026 | 28 | 19 |
Redfin, through May 2026
How does Montpelier compare to Vermont and the U.S.?
Montpelier homes sell for $450,000 — 0% above the Vermont median of $448,400. Against the national median of $410,700, Montpelier runs 10% higher. Year-over-year, Montpelier moved -12.5% against Vermont's +1.5% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Montpelier, VT | $450,000 | -12.5% | 51 days |
| Vermont statewide | $448,400 | +1.5% | 64 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Montpelier
What buyers should watch
- Months of supply, currently 3.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 21.4%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $424 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $423,230 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Montpelier listing goes under contract in 51 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 97.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Montpelier added 19 new listings against 9 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -0.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Montpelier varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Montpelier
There are currently 28 homes listed for sale in Montpelier, Vermont. The median listing price is $489K. Featured listings range from $155,000 to $775,000.
37
$185,000
12 Overlook Dr
Montpelier, VT 05602
3 bd2 ba1,188 sqft$156/ft²
Mobile home
Joshua Gosselin · Heney Realtors - Element Real Estate (Barre)
View photos & details
31
$249,500
12 Cherry Ave
Montpelier, VT 05602
3 bd1 ba1,112 sqft$224/ft²
House8,712 sqft lot
Lucy Ferrada · Heney Realtors - Element Real Estate (Montpelier)
View photos & details
28
$269,000
160 Main St Unit 2
Montpelier, VT 05602
3 bd2 ba790 sqft$341/ft²
Condo
Monique Payne · Heney Realtors - Element Real Estate (Montpelier)
View photos & details
13
$295,000
87 Freedom Dr
Montpelier, VT 05602
2 bd1 ba1,000 sqft$295/ft²
Townhouse
Kieran Donnelly · Coldwell Banker Hickok and Boardman
View photos & details
30
$322,000
213 Forest Dr Unit 1
Montpelier, VT 05602
2 bd1 ba956 sqft$337/ft²
Condo
Timothy Heney · Heney Realtors - Element Real Estate (Montpelier)
View photos & details
Price Drop −$10K
33
$329,000
7 River St
Montpelier, VT 05602
4 bd2 ba1,680 sqft$196/ft²
House5,227 sqft lot
Becky Alford · Ridgeline Real Estate
View photos & details
48
$429,000
19 Roberts St
Montpelier, VT 05602
3 bd2 ba1,716 sqft$250/ft²
House10,019 sqft lot
Janel Johnson · Coldwell Banker Hickok & Boardman / E. Montpelier
View photos & details
50
$450,000
1 Winter St
Montpelier, VT 05602
3 bd2 ba2,070 sqft$217/ft²
Condo
Janel Johnson · Coldwell Banker Hickok & Boardman / E. Montpelier
View photos & details
46
$479,900
163-165 Barre St
Montpelier, VT 05602
7 bd3 ba2,814 sqft$171/ft²
Multi-family4,356 sqft lot
Lucy Ferrada · Heney Realtors - Element Real Estate (Montpelier)
View photos & details
60
$519,000
1 Ridge St
Montpelier, VT 05602
3 bd3 ba2,157 sqft$241/ft²
House3,049 sqft lot
Flex Realty Group · Flex Realty
View photos & details
Price Drop −$20K
33
$775,000
254 Elm St
Montpelier, VT 05602
13 bd8 ba8,165 sqft$95/ft²
Multi-family10,454 sqft lot
Gurjot Singh · Vermont Life Realtors
View photos & details
Looking to buy in Montpelier?
Get connected with a local real estate expert — free, no obligation.
Active listings
28
Homes on market
Median list price
$489K
Avg. days on market
51
Days until sale
New this week
19
Newly listed
Price drops:21.4%of listings
Sale-to-list:97.4%
How much do homes cost in Montpelier by property type?
How the Montpelier, VT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $575,000 | $196/sq ft | 5 | 32 days |
| Condo / co-op | $362,500 | $264/sq ft | 4 | 104 days |
Who lives in Montpelier?
American Community Survey estimates for Montpelier. U.S. Census ACS, 2023
Population
8,038
Households
3,751
Median income
$79,175/yr
Median age
43.4 years
Owner-occupied
54.6%
Median home value
$349,200
Median gross rent
$1,169/mo
Mean commute
19 min
54.6% of occupied homes in Montpelier are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $349,200 against Zillow's $423,230 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,169/mo, below Zillow's $1,455/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Montpelier?
4 schools tracked · 1,834 students
The largest public schools serving Montpelier, VT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
U-32 Middle & High School
Grades 7-12 · 692 students
Union Elementary School
Grades PK-4 · 436 students
Montpelier High School
Grades 9-12 · 371 students
Main Street Middle School
Grades 5-8 · 335 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Montpelier, VT?
Ordered by distance from Montpelier, not by size. Compare Montpelier side by side with any of them.
Which ZIP codes are in Montpelier?
These are the ZIP codes we see on active Montpelier listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Montpelier housing market FAQ
Is Montpelier a buyer's or seller's market?
Montpelier, VT is currently a balanced market. That read comes from 3.1 months of supply, homes going under contract in about 51 days, and sellers getting 97.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Montpelier?
The typical home in Montpelier, VT is worth $423,230 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $450,000, about $262 per square foot.
Is Montpelier cheaper than the rest of Vermont?
Montpelier's median sale price of $450,000 is 0% higher than the Vermont statewide median of $448,400, and 10% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Montpelier?
Homes in Montpelier, VT spent a median of 51 days on market before going under contract, versus 64 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Montpelier?
At the current 30-year fixed rate of 7.03%, 20% down on a $423,230 home is about $2,259 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $96,833 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $79,175.
Are home prices rising in Montpelier?
The typical home value in Montpelier, VT held roughly flat 0.3% over the last 12 months, from $424,360 to $423,230 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Montpelier?
Montpelier ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Montpelier?
That depends on your timeline, not on a headline. What the data says today: Montpelier, VT is a balanced market with 3.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 24.2x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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