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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



St. Albans, VT Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

St. Albans, VT Housing Market Trends

With a population of 6,942, 2,862 total housing units (homes and apartments), and a median house value of $269,496, St. Albans real estate values are some of the lowest in Vermont, although compared to real estate around the nation, St. Albans homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in St. Albans, accounting for 46.88% of the city's housing units. Other types of housing that are prevalent in St. Albans include duplexes, homes converted to apartments or other small apartment buildings ( 34.64%), large apartment complexes or high rise apartments ( 14.56%), and a few row houses and other attached homes ( 3.18%).

People in St. Albans primarily live in small (one, two or no bedroom) single-family detached homes. St. Albans has a mixture of owner-occupied and renter-occupied housing.

The housing in St. Albans was primarily built before 1939 ( 48.36%), making the housing stock in St. Albans some of the oldest overall in America, although there is a range of ages of homes in St. Albans. The next most important housing age is between 1940-1969 ( 26.79%), followed by between 1970-1999 ( 21.32%). There's also some housing in St. Albans built between 2000 and later ( 3.52%).

Vacant housing appears to be an issue in St. Albans. Fully 11.56% of the housing stock is classified as vacant. Left unchecked, vacant St. Albans homes and apartments can be a drag on the real estate market, holding St. Albans 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.

St. Albans Home Appreciation Rates

Real estate appreciation rates in St. Albans's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.41% during the period.

Appreciation rates are so strong in St. Albans that despite a nationwide downturn in the housing market, St. Albans real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, St. Albans appreciation rates continue to be some of the highest in America, at 8.57%, which is higher than appreciation rates in 90.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in St. Albans. St. Albans appreciation rates in the latest quarter were at 2.50%, which equates to an annual appreciation rate of 10.39%.

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

Relative to Vermont, our data show that St. Albans's latest annual appreciation rate is lower than 80% of the other cities and towns in Vermont.

Average Home Values

Median Home Value

$269,496

St. Albans, VT Home Prices
> $1,357,000
$1,018,001 - $1,357,000
$678,001 - $1,018,000
$543,001 - $678,000
$407,001 - $543,000
$271,001 - $407,000
$136,001 - $271,000
$68,001 - $136,000
$0 - $68,000
0.0%
0.0%
0.0%
0.0%
2.0%
2.0%
1.2%
1.2%
17.0%
17.0%
42.3%
42.3%
36.1%
36.1%
0.5%
0.5%
0.9%
0.9%
0% 100.0%
% of Homes
Very Low

for Vermont

Average

for nation

Number of Homes And Apartments:

2,862

St. Albans Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,766 / per month

Homeownership Rate

Owners
Renters
51.0%
51.0%
49.0%
49.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
11.6%
11.6%
88.4%
88.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.5%
3.5%
21.3%
21.3%
26.8%
26.8%
48.4%
48.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
46.9%
46.9%
3.2%
3.2%
34.6%
34.6%
14.6%
14.6%
0.7%
0.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.8%
1.8%
16.7%
16.7%
33.6%
33.6%
35.7%
35.7%
11.3%
11.3%
1.0%
1.0%
0% 100.0%
% of Homes