Home Values in Middlebury, Vermont — 2026 Market Report
Updated March 2026 | Balanced Market | +2.3% YoY
The median home value in Middlebury, Vermont is $385,000 as of March 2026, which is near the national median of $400,000. Home values in Middlebury have increased by 2.3% over the past year and 12% over the last five years. With a population of 9,152 and a median household income of $55,250, the price-to-income ratio stands at 7.0x, making Middlebury affordable for the average household.
Middlebury Housing Market Conditions
| Metric | Middlebury | National Avg |
|---|---|---|
| Median Home Value | $385,000 | $400,000 |
| YoY Appreciation | +2.3% | +3.8% |
| 5-Year Appreciation | +12% | +22.4% |
| Price per Sq Ft | $115 | $222 |
| Days on Market | 51 days | 45 days |
| Months of Supply | 3.6 | 3.5 |
| List-to-Sale Ratio | 100.9% | 98.5% |
| Monthly Homes Sold | 7 | — |
| Foreclosure Rate | 0.46% | 0.3% |
Home Value Trends in Middlebury
A homeowner who purchased at the median price of $343,750 five years ago in Middlebury would have gained approximately $41,250 in equity, representing a 12% return on investment. Over the past year alone, the typical homeowner gained $8,656 in home equity.
Affordability in Middlebury, VT
With a median household income of $55,250 and a median home price of $385,000, the price-to-income ratio in Middlebury is 7.0x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,052 compared to estimated monthly ownership costs of $2,415 gives a rent-vs-buy ratio of 1.18. In Middlebury, renting may be more cost-effective in the short term, though homeownership builds long-term wealth.
Property Taxes in Middlebury
The effective property tax rate in Vermont is 1.83%. On a home valued at $385,000, the estimated annual property tax bill is $7,046, or approximately $587/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Middlebury is 108.5 (100 = national average), indicating living costs are near the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Middlebury, VT?
The median home value in Middlebury, Vermont is $385,000 as of March 2026. Home values have changed +2.3% over the past year, with a 5-year appreciation of 12%.
Is Middlebury a buyer's or seller's market?
Middlebury is currently a balanced market with 3.6 months of housing supply. Homes spend an average of 51 days on market, and the list-to-sale price ratio is 100.9%. Supply and demand are relatively balanced.
Are home values going up in Middlebury?
Yes, home values in Middlebury have increased by 2.3% over the past year. The 5-year appreciation rate is 12%, meaning a home worth $343,750 five years ago is now worth $385,000.
Is it better to rent or buy in Middlebury?
The average monthly rent in Middlebury is $2,052, while estimated monthly homeownership costs are approximately $2,415. The price-to-rent ratio is 15.6. Current conditions suggest renting may be more affordable in the short term, though homeownership builds equity over time.
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Disclaimer: Home value data for Middlebury, Vermont is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.