St. Albans, VT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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St. Albans, 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

St. Albans Housing Market Information

With a population of 6,818, 2,876 total housing units (homes and apartments), and a median house value of $213,238, St. Albans real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in St. Albans, accounting for 49.08% 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 ( 24.98%), large apartment complexes or high rise apartments ( 20.07%), and a few row houses and other attached homes ( 3.55%).

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 ( 49.37%), 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 1970-1999 ( 28.98%), followed by between 1940-1969 ( 19.94%). There's also some housing in St. Albans built between 2000 and later ( 1.71%).

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 -0.17% during the period.

Over the last year, St. Albans appreciation rates have trailed the rest of the nation. In the last twelve months, St. Albans's appreciation rate has been 1.70%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in St. Albans were at 0.43%, which equates to an annual appreciation rate of 1.73%.

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:
$213,238

St. Albans, VT HOME PRICES

Value Range
> $1,061,000 1.3
$796,001 - $1,061,000 0.0
$531,001 - $796,000 0.0
$424,001 - $531,000 1.8
$319,001 - $424,000 3.7
$212,001 - $319,000 24.8
$106,001 - $212,000 56.7
$53,001 - $106,000 7.8
$0 - $53,000 4.0

Average for VT
High for Nation

Value Relative to Nation Value Relative to State
29.1515293566155 55.4744525547445

Number Of Homes And Apartments:
2,876

St. Albans 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
62.15% 2.84% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,252 / per month

Homeownership Rate

Homeownership
Owners 52.09
Renters 47.91
Vacant 7.20

Housing Market Details

 

Age of Homes

AGE OF St. Albans HOMES
2000 or Newer 1.7
1970 - 1999 29.0
1940 - 1969 19.9
1939 or Older 49.4

Types of Homes

TYPE OF St. Albans HOMES
Single-Family 49.1
Townhomes 3.5
Small Apt. Buildings 25.0
Apt. Complexes 20.1
Mobile Homes 2.3
Other 0.0

Home Size

SIZE OF St. Albans HOMES
No Bedroom 2.87
1 Bedroom 19.94
2 Bedrooms 27.98
3 Bedrooms 33.69
4 Bedrooms 11.07
5 or more bedrooms 4.45