According to the Zillow Home Value Index, homebuyers on a budget still have options in Vermont. While much of New England has seen sustained price hikes over the past decade, several Vermont towns remain well below the statewide median. This roundup features 15 towns where home values are notably affordable, even in today’s cooling but still high-priced market. Whether you’re looking for a rural village or a small border community, these towns offer both low home prices and plenty of local character.
15. Wells River – 0.21% Home Price Decrease Since 2024
- 2024: $243,396
- 2025: $242,895 (-$501, -0.21% from previous year)
Wells River has seen virtually no change in price since last year, with only a $501 drop in home values. That kind of minimal movement suggests price stability, even while some towns across the state are cooling after pandemic-era peaks.
Wells River – Affordable Entry in Vermont’s Northeast
Located along the Connecticut River near the New Hampshire border, Wells River is part of the larger Newbury town area. Its small population and scenic location give it a quiet, rural charm that appeals to buyers seeking peace and affordability. Despite its tiny size, the town offers basic services and access to U.S. Route 302 for commuting to larger hubs like Barre and Montpelier. With median home values under $245,000, it’s one of the state’s most affordable options in 2025.
Its housing stock consists mostly of older homes, and while the market here isn’t booming, that’s exactly what makes it attractive to budget-conscious buyers. The price stability this year reinforces the town’s appeal as a low-risk, low-cost place to buy property in Vermont.
14. Bellows Falls – 66.97% Increase Since 2010
- 2010: $144,459
- 2011: $144,745 (+$286, +0.20% from previous year)
- 2012: $144,170 (-$575, -0.40% from previous year)
- 2013: $140,866 (-$3,304, -2.29% from previous year)
- 2014: $134,693 (-$6,173, -4.38% from previous year)
- 2015: $131,973 (-$2,720, -2.02% from previous year)
- 2016: $134,845 (+$2,872, +2.18% from previous year)
- 2017: $144,988 (+$10,142, +7.52% from previous year)
- 2018: $144,277 (-$711, -0.49% from previous year)
- 2019: $143,958 (-$319, -0.22% from previous year)
- 2020: $156,880 (+$12,922, +8.98% from previous year)
- 2021: $177,716 (+$20,836, +13.28% from previous year)
- 2022: $210,806 (+$33,090, +18.62% from previous year)
- 2023: $212,015 (+$1,209, +0.57% from previous year)
- 2024: $238,799 (+$26,785, +12.63% from previous year)
- 2025: $241,276 (+$2,476, +1.04% from previous year)
Over the long term, Bellows Falls has posted steady growth, with a 66% increase in home values since 2010. Prices continue to rise in small increments, making this village an appealing investment that still remains affordable by Vermont standards.
Bellows Falls – Historic Village with Modest Prices
Nestled along the Connecticut River in southern Vermont, Bellows Falls blends history with affordability. Once a key industrial town, its canal infrastructure and 19th-century brick buildings now serve a quiet population that values the area’s charm and walkability.
Home values in 2025 are just over $240,000, a relative bargain in Windham County. The village also benefits from an Amtrak station, regional bus service, and access to I-91, making it a viable choice for commuters. Steady growth without dramatic swings makes Bellows Falls an appealing place for buyers seeking affordability and long-term potential.
13. Sheffield – 6.77% Price Drop Since 2024
- 2024: $256,338
- 2025: $238,992 (-$17,346, -6.77% from previous year)
Sheffield saw a price drop of nearly 7% over the past year. That’s a meaningful decrease and could signal an opportunity for buyers ready to act in a softening market.
Sheffield – Quiet Hillside Living at Lower Prices
Located in Vermont’s Northeast Kingdom, Sheffield is a tiny town surrounded by rolling hills and thick forest. This area is known for its rugged beauty and deeply rural lifestyle. The decline in home prices over the past year likely reflects the limited housing stock and slow pace of the local market.
Even after a drop to around $239,000, homes here are still higher than some towns on this list—but the peaceful seclusion and proximity to outdoor activities make it attractive to those prioritizing lifestyle over proximity to city centers.
12. Derby Line – 60.19% Increase Since 2014
- 2014: $146,484
- 2015: $147,056 (+$572, +0.39% from previous year)
- 2016: $151,265 (+$4,210, +2.86% from previous year)
- 2017: $161,910 (+$10,645, +7.04% from previous year)
- 2018: $163,955 (+$2,045, +1.26% from previous year)
- 2019: $165,985 (+$2,030, +1.24% from previous year)
- 2020: $175,851 (+$9,865, +5.94% from previous year)
- 2021: $192,771 (+$16,920, +9.62% from previous year)
- 2022: $217,377 (+$24,606, +12.76% from previous year)
- 2023: $221,378 (+$4,001, +1.84% from previous year)
- 2024: $242,316 (+$20,938, +9.46% from previous year)
- 2025: $234,598 (-$7,717, -3.18% from previous year)
Derby Line has seen long-term growth since 2014, with more than a 60% increase in home values despite a slight dip this year. The recent drop may offer a rare window for buyers in a normally steady market.
Derby Line – Border Town with Cross-Cultural Appeal
Derby Line sits right on the Canadian border—so much so that some of its homes and streets are partly in Quebec. The town’s international character and the novelty of the Haskell Free Library (which straddles the border) make it a unique place to live.
Home values topping $234,000 reflect a mix of demand from regional buyers and limited inventory. The recent pullback could mean prices are adjusting after a strong multi-year rise. It’s still one of the most affordable border towns in the state with good infrastructure and community ties.
11. Woodford – 6.06% Price Increase Since 2024
- 2024: $219,655
- 2025: $232,955 (+$13,301, +6.06% from previous year)
Woodford saw a healthy price bump of just over 6% this past year. Despite that growth, prices remain on the lower end for Vermont, making it a solid value option.
Woodford – Mountain Terrain and Affordable Homes
Woodford is Vermont’s highest elevation town, nestled along the scenic Route 9 corridor just east of Bennington. The town is surrounded by national forestland and offers quick access to hiking, snowmobiling, and camping opportunities.
At just under $233,000, home values remain low for a region with year-round recreation access. The modest growth in 2025 could be linked to increased interest from buyers priced out of bigger mountain towns. For outdoor enthusiasts, it’s an appealing mix of value and location.
10. Lyndonville – 78.06% Increase Since 2016
- 2016: $130,143
- 2017: $137,812 (+$7,669, +5.89% from previous year)
- 2018: $147,085 (+$9,273, +6.73% from previous year)
- 2019: $145,193 (-$1,892, -1.29% from previous year)
- 2020: $148,411 (+$3,218, +2.22% from previous year)
- 2021: $164,913 (+$16,502, +11.12% from previous year)
- 2022: $193,116 (+$28,203, +17.10% from previous year)
- 2023: $200,370 (+$7,254, +3.76% from previous year)
- 2024: $237,246 (+$36,877, +18.40% from previous year)
- 2025: $231,872 (-$5,375, -2.27% from previous year)
Home prices in Lyndonville have nearly doubled since 2016, climbing more than 78%. While there was a slight dip in 2025, the overall growth trend highlights a market that’s been gaining steady momentum.
Lyndonville – Small College Town With Steady Growth
Lyndonville, home to Vermont State University – Lyndon, sits in the heart of the Northeast Kingdom and offers a blend of academic influence and outdoor access. Its growing appeal has kept housing demand relatively high in recent years, especially among young families and retirees.
At just over $230,000, the average home price remains well below Vermont’s statewide median, but the upward trajectory shows a town with rising interest. Its central location in Caledonia County and easy access to Burke Mountain for skiing and mountain biking add to its draw.
9. Fair Haven – 52.13% Increase Since 2010
- 2010: $151,185
- 2011: $152,037 (+$851, +0.56% from previous year)
- 2012: $155,511 (+$3,474, +2.29% from previous year)
- 2013: $155,363 (-$148, -0.09% from previous year)
- 2014: $155,179 (-$184, -0.12% from previous year)
- 2015: $151,329 (-$3,850, -2.48% from previous year)
- 2016: $153,079 (+$1,750, +1.16% from previous year)
- 2017: $158,470 (+$5,391, +3.52% from previous year)
- 2018: $168,496 (+$10,026, +6.33% from previous year)
- 2019: $167,251 (-$1,245, -0.74% from previous year)
- 2020: $170,735 (+$3,484, +2.08% from previous year)
- 2021: $182,262 (+$11,528, +6.75% from previous year)
- 2022: $216,805 (+$34,543, +18.95% from previous year)
- 2023: $222,010 (+$5,204, +2.40% from previous year)
- 2024: $235,828 (+$13,818, +6.22% from previous year)
- 2025: $229,949 (-$5,878, -2.49% from previous year)
Over the past 15 years, home prices in Fair Haven have risen by more than 50%. While 2025 saw a minor dip, it follows several years of strong gains, especially during and after the pandemic.
Fair Haven – Western Gateway With Small-Town Charm
Just east of the New York border, Fair Haven serves as a welcoming town with historic architecture, a lively town green, and proximity to Lake Bomoseen. It’s a good value in Rutland County, with 2025 home prices sitting just under $230,000.
The town’s local economy is supported by light manufacturing and education, and it’s accessible via U.S. Route 4. Though prices declined slightly this year, the long-term appreciation trend shows that Fair Haven remains a solid choice for affordable homeownership with investment upside.
8. Island Pond – 1.78% Price Decrease Since 2024
- 2024: $233,443
- 2025: $229,293 (-$4,150, -1.78% from previous year)
Island Pond saw a mild decrease in home values this year, slipping just under 2%. This makes it an appealing pick for buyers waiting for prices to soften.
Island Pond – Remote Retreat With Outdoor Appeal
Island Pond, a village in Brighton, is surrounded by forests, mountains, and lakes, making it a haven for outdoor enthusiasts. Snowmobilers and ATV riders flock here seasonally, adding to the town’s appeal for those seeking rural recreation and year-round beauty.
At around $229,000, home prices remain accessible. The slight dip from last year may reflect seasonal shifts or limited local demand. Either way, it presents an opportunity for buyers seeking privacy and nature without a hefty price tag.
7. Concord – 76.19% Increase Since 2012
- 2012: $128,319
- 2013: $130,403 (+$2,084, +1.62% from previous year)
- 2014: $134,561 (+$4,158, +3.19% from previous year)
- 2015: $141,184 (+$6,623, +4.92% from previous year)
- 2016: $144,628 (+$3,444, +2.44% from previous year)
- 2017: $160,075 (+$15,447, +10.68% from previous year)
- 2018: $166,523 (+$6,448, +4.03% from previous year)
- 2019: $165,192 (-$1,331, -0.80% from previous year)
- 2020: $174,773 (+$9,580, +5.80% from previous year)
- 2021: $195,920 (+$21,147, +12.10% from previous year)
- 2022: $228,768 (+$32,848, +16.77% from previous year)
- 2023: $229,105 (+$337, +0.15% from previous year)
- 2024: $240,642 (+$11,537, +5.04% from previous year)
- 2025: $226,079 (-$14,564, -6.05% from previous year)
Despite a recent dip of 6%, Concord’s long-term home price growth since 2012 remains strong—up more than 75% over 13 years. It’s one of the more affordable towns with a history of consistent appreciation.
Concord – Scenic Living With Investment Potential
Concord is a rural town in Essex County, near the Connecticut River and just east of St. Johnsbury. It combines open space with a tight-knit community and access to the outdoors, making it attractive for year-round residents and vacation buyers alike.
Even with a correction in 2025, homes in Concord remain relatively low-priced at $226,000. The dip may present a buying opportunity before prices rise again, particularly as northern Vermont continues to draw buyers priced out of more central areas.
6. East Haven – 10.11% Price Increase Since 2024
- 2024: $193,550
- 2025: $213,127 (+$19,576, +10.11% from previous year)
East Haven experienced a notable 10% increase in home values in the last year. While still under $215,000, prices are moving up, reflecting growing interest in this quiet corner of the state.
East Haven – Gaining Attention in the Northeast Kingdom
With a population of under 300, East Haven is one of Vermont’s smallest towns—but it’s starting to attract buyers looking for space and seclusion. Tucked in the Northeast Kingdom, it borders the popular Burke Mountain area, which may be contributing to its recent price jump.
The town’s affordability—especially relative to neighboring resort towns—makes it appealing to buyers looking for land or starter homes. As outdoor tourism continues to expand in the region, East Haven may see continued growth in years to come.
5. Canaan – 78.99% Increase Since 2012
- 2012: $115,744
- 2013: $114,022 (-$1,722, -1.49% from previous year)
- 2014: $114,788 (+$765, +0.67% from previous year)
- 2015: $113,380 (-$1,408, -1.23% from previous year)
- 2016: $117,072 (+$3,692, +3.26% from previous year)
- 2017: $119,763 (+$2,692, +2.30% from previous year)
- 2018: $127,787 (+$8,023, +6.70% from previous year)
- 2019: $128,102 (+$316, +0.25% from previous year)
- 2020: $135,894 (+$7,791, +6.08% from previous year)
- 2021: $150,216 (+$14,323, +10.54% from previous year)
- 2022: $187,127 (+$36,911, +24.57% from previous year)
- 2023: $186,499 (-$628, -0.34% from previous year)
- 2024: $204,677 (+$18,178, +9.75% from previous year)
- 2025: $207,164 (+$2,487, +1.22% from previous year)
Canaan’s home values have climbed steadily since 2012, gaining nearly 79% over the 13-year span. This year, values rose again by just over 1%, keeping it one of Vermont’s most affordable yet steadily appreciating markets.
Canaan – Remote Affordability in the Far Northeast
Canaan sits in Vermont’s northeasternmost corner, bordered by both New Hampshire and Canada. Its remoteness has long kept prices low, but as interest in rural areas has grown, the town has seen prices rise without overheating.
At around $207,000, homes in Canaan remain very affordable. The town is known for its scenic views, forests, and access to the Connecticut River, making it a good fit for buyers who want peace and open space without the high cost of more central markets.
4. West Rutland – 77.99% Increase Since 2010
- 2010: $116,095
- 2011: $114,451 (-$1,643, -1.42% from previous year)
- 2012: $116,667 (+$2,215, +1.94% from previous year)
- 2013: $116,754 (+$87, +0.07% from previous year)
- 2014: $118,314 (+$1,560, +1.34% from previous year)
- 2015: $113,214 (-$5,100, -4.31% from previous year)
- 2016: $111,651 (-$1,564, -1.38% from previous year)
- 2017: $119,533 (+$7,882, +7.06% from previous year)
- 2018: $126,210 (+$6,678, +5.59% from previous year)
- 2019: $126,828 (+$618, +0.49% from previous year)
- 2020: $133,591 (+$6,763, +5.33% from previous year)
- 2021: $152,182 (+$18,590, +13.92% from previous year)
- 2022: $178,071 (+$25,890, +17.01% from previous year)
- 2023: $184,813 (+$6,742, +3.79% from previous year)
- 2024: $205,648 (+$20,835, +11.27% from previous year)
- 2025: $206,636 (+$988, +0.48% from previous year)
West Rutland has experienced consistent home value growth since 2010, with nearly 78% appreciation. Price increases have leveled off this year, which may appeal to buyers wary of volatility.
West Rutland – Value Near a Regional Hub
Situated just west of the city of Rutland, West Rutland offers small-town living with quick access to a regional commercial center. It combines affordable housing with job access, making it a practical choice for working families.
At about $206,000, West Rutland remains a budget-friendly option, even after years of value growth. Local attractions like the Carving Studio and Marble Museum, plus easy access to ski resorts, make it more than just a commuter town.
3. Lunenburg – 103.00% Increase Since 2012
- 2012: $94,754
- 2013: $109,434 (+$14,679, +15.49% from previous year)
- 2014: $108,977 (-$457, -0.42% from previous year)
- 2015: $108,067 (-$910, -0.84% from previous year)
- 2016: $109,170 (+$1,103, +1.02% from previous year)
- 2017: $117,755 (+$8,584, +7.86% from previous year)
- 2018: $122,910 (+$5,155, +4.38% from previous year)
- 2019: $124,506 (+$1,597, +1.30% from previous year)
- 2020: $131,570 (+$7,064, +5.67% from previous year)
- 2021: $150,873 (+$19,303, +14.67% from previous year)
- 2022: $181,096 (+$30,222, +20.03% from previous year)
- 2023: $182,763 (+$1,667, +0.92% from previous year)
- 2024: $194,038 (+$11,275, +6.17% from previous year)
- 2025: $192,421 (-$1,617, -0.83% from previous year)
Lunenburg has seen a remarkable 103% increase in home values since 2012. The small dip in 2025 doesn’t change its long-term upward trend, and prices remain among the lowest in the state.
Lunenburg – Affordability in the Upper Connecticut Valley
Located near the New Hampshire border in Essex County, Lunenburg offers sweeping views of the White Mountains and a tight-knit rural community. It’s long been one of the most budget-friendly places in Vermont.
With current prices just below $193,000, it remains extremely accessible. Even after a decade of growth, the housing market here has not overheated. For buyers looking for a scenic, affordable town with long-term appreciation potential, Lunenburg is worth a close look.
2. North Troy – 76.78% Increase Since 2017
- 2017: $98,895
- 2018: $105,827 (+$6,931, +7.01% from previous year)
- 2019: $105,467 (-$360, -0.34% from previous year)
- 2020: $108,355 (+$2,888, +2.74% from previous year)
- 2021: $120,484 (+$12,129, +11.19% from previous year)
- 2022: $140,978 (+$20,494, +17.01% from previous year)
- 2023: $148,950 (+$7,972, +5.65% from previous year)
- 2024: $175,012 (+$26,061, +17.50% from previous year)
- 2025: $174,836 (-$175, -0.10% from previous year)
North Troy has seen nearly 77% home value growth since 2017. Though this year’s price is virtually unchanged, the town continues to offer strong affordability and solid appreciation history.
North Troy – Budget-Friendly with Cross-Border Access
Located near the Canadian border in Orleans County, North Troy is a small village that’s part of the larger town of Troy. Its location makes it a quiet, scenic spot with cross-border commuting potential and access to northern Vermont recreation.
With a current home value of just under $175,000, it’s one of the least expensive towns on this list. The recent pause in growth may offer buyers a moment to secure property before prices potentially resume their upward climb.
1. Orleans – 9.25% Price Drop Since 2024
- 2024: $177,067
- 2025: $160,682 (-$16,384, -9.25% from previous year)
Orleans tops this list with the lowest average home value in 2025—just over $160,000—and a substantial 9% price drop in the past year. That makes it the most affordable town in Vermont right now.
Orleans – Vermont’s Most Affordable Housing Market
Part of the town of Barton in Orleans County, the village of Orleans is a compact community located along I-91. It’s one of the state’s most budget-friendly places to live, with a mix of older homes and small-town amenities.
The sharp price decline in 2025 could reflect slower demand or an adjustment after recent gains. Regardless, for buyers looking to maximize value, Orleans offers the lowest barrier to entry for homeownership in Vermont this year.
