The story of this market
The typical home in ZIP 05827 sells for about $325,000, or $215 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,061 a month.
ZIP 05827 — Craftsbury
The housing market in 05827 is characterized by low inventory and slow turnover, typical of a rural Vermont community. Prices have seen steady appreciation, driven by limited supply rather than high transaction volume. Market conditions remain stable with little volatility expected in the near term.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including remote workers, retirees, and families who prioritize outdoor access and community over proximity to urban employment centers.
Median prices moved up 4.2% year over year.
Homes spend a median of 88 days on market with 6.0 months of supply — a balanced-paced market.
8% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 6.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 05827, Orleans County VT
Craftsbury is a rural community with very low reported crime rates, significantly lower than both state and national averages.
The area is served by the Orleans Southwest Supervisory Union, with local schools generally characterized by small class sizes and strong community engagement.
The region faces typical New England climate risks, including heavy winter snow loads and potential spring flooding near the Black River; property insurance remains stable but requires standard hazard coverage.
Economic momentum is driven by local agriculture, education, and small-scale tourism, with limited large-scale industrial development.
Property taxes are assessed at the municipal level in Craftsbury, Vermont, based on fair market value; the state education tax rate is applied uniformly across the state with local adjustments.
Commutes are primarily by private vehicle, with residents traveling to nearby employment hubs like Morrisville or St. Johnsbury; public transit options are non-existent.
The area features extensive outdoor recreation including Craftsbury Common, the Craftsbury Outdoor Center for Nordic skiing and rowing, and access to numerous lakes and hiking trails.
The rental market is extremely limited with very low inventory, primarily consisting of single-family homes or accessory dwelling units; vacancy pressure is high due to lack of supply.
The local economy is anchored by the Craftsbury Outdoor Center, Sterling College, and regional agricultural operations.
Transportation is entirely dependent on personal vehicles; no public transit infrastructure exists in this rural geography.
Development is strictly managed by local zoning to preserve the rural character of the town.
The town conducts periodic reappraisals to ensure property assessments align with state-mandated common level of appraisal standards.
Parcels are subject to local school district taxes and county-level administrative levies.
Property insurance premiums are influenced by the rural nature of the area and distance from fire response services.
Vermont has seen modest net domestic migration gains, particularly from urban centers in the Northeast.
Vermont is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Vermont law requires sellers to provide a property disclosure statement regarding the condition of the home.
Data retrieved from data.census.gov for ZCTA 05827.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Jay Peak Resort4.519.9 mi
- Pump House Indoor Waterpark4.419.9 mi
- Charlmont Restaurant3.813 mi
- Elmore State Park4.711.8 mi
- Green River Reservoir State Park4.88.7 mi
- Crystal Lake State Park4.710.8 mi
- The Museum of Everyday Life4.87.9 mi
- The Parker Pie Company4.67.9 mi
- Bread & Puppet Theater4.89.1 mi
- The Museum of Everyday Life4.87.9 mi
- Rock Art Brewery4.814.3 mi
- Old Stone House Museum & Historic Village4.815.1 mi
- Elmore State Park4.711.8 mi
- Green River Reservoir State Park4.88.7 mi
- Crystal Lake State Park4.710.8 mi
- Market 32413 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
World-class facility for Nordic skiing, rowing, and running.
Historic town center and community gathering space.
Popular destination for rowing and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.