Saint Johnsbury, VT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Saint Johnsbury Neighborhoods Since 2000




Saint Johnsbury, VT Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Saint Johnsbury Housing Market Information

With 7,442 people, 3,174 houses or apartments, and a median cost of homes of $171,469, Saint Johnsbury real estate values are some of the lowest in Vermont, although compared to real estate around the nation, Saint Johnsbury homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Saint Johnsbury, accounting for 53.27% of the town's housing units. Other types of housing that are prevalent in Saint Johnsbury include duplexes, homes converted to apartments or other small apartment buildings ( 23.17%), large apartment complexes or high rise apartments ( 17.13%), and a few mobile homes or trailers ( 5.67%).

The housing in Saint Johnsbury was primarily built before 1939 ( 48.56%), making the housing stock in Saint Johnsbury some of the oldest overall in America, although there is a range of ages of homes in Saint Johnsbury. The next most important housing age is between 1970-1999 ( 26.66%), followed by between 1940-1969 ( 20.57%). There's also some housing in Saint Johnsbury built between 2000 and later ( 4.20%).

Vacant housing appears to be an issue in Saint Johnsbury. Fully 10.44% of the housing stock is classified as vacant. Left unchecked, vacant Saint Johnsbury homes and apartments can be a drag on the real estate market, holding Saint Johnsbury real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Saint Johnsbury Home Appreciation Rates

Real estate appreciation rates in Saint Johnsbury's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.41% during the period.

NeighborhoodScout's data show that during the latest twelve months, Saint Johnsbury's appreciation rate, at 4.60%, has been at or slightly above the national average. In the latest quarter, Saint Johnsbury's appreciation rate has been 2.55%, which annualizes to a rate of 10.60%.

Importantly, this makes Saint Johnsbury one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Vermont, our data show that Saint Johnsbury's latest annual appreciation rate is higher than 70% of the other cities and towns in Vermont.

Average Home Values

 

Median Home Value:
$171,469

Saint Johnsbury, VT HOME PRICES

Value Range
> $1,038,000 0.0
$778,001 - $1,038,000 0.0
$519,001 - $778,000 0.8
$415,001 - $519,000 1.3
$311,001 - $415,000 4.3
$208,001 - $311,000 23.0
$104,001 - $208,000 53.5
$52,001 - $104,000 11.1
$0 - $52,000 6.0

Very Low for VT
Average for Nation

Value Relative to Nation Value Relative to State
41.1168405015821 81.7518248175183

Number Of Homes And Apartments:
3,174

Saint Johnsbury Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VT*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
52.87% 2.49% 2 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$900 / per month

Homeownership Rate

Homeownership
Owners 58.08
Renters 41.92
Vacant 10.44

Housing Market Details

 

Age of Homes

AGE OF Saint Johnsbury HOMES
2000 or Newer 4.2
1970 - 1999 26.7
1940 - 1969 20.6
1939 or Older 48.6

Types of Homes

TYPE OF Saint Johnsbury HOMES
Single-Family 53.3
Townhomes 0.8
Small Apt. Buildings 23.2
Apt. Complexes 17.1
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Saint Johnsbury HOMES
No Bedroom 5.50
1 Bedroom 16.62
2 Bedrooms 25.99
3 Bedrooms 35.05
4 Bedrooms 13.06
5 or more bedrooms 3.78