Location: Caledonia County, VT | Metro: Caledonia County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,330 |
| 1 Bedroom | $1,340 |
| 2 Bedrooms | $1,530 |
| 3 Bedrooms | $2,120 |
| 4 Bedrooms | $2,560 |
| 5 Bedrooms | $2,970 |
| 6 Bedrooms | $3,326 |
| 7 Bedrooms | $3,592 |
| 8 Bedrooms | $3,772 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 05851 is poised for stability and potential growth over the next 12-24 months, based on several key indicators. The median home value stands at $275,034, which reflects a balanced market where neither buyers nor sellers have overwhelming pricing power. This figure suggests that homes are priced reasonably, aligning with the broader economic context of the area.
The lack of percentage data indicating reductions in listing prices and the unavailability of median days on market (DOM) figures imply that the market is neither overheated nor distressed. When combined with the median home value, it signals that property owners can maintain their asking prices without significant concessions, barring any unforeseen economic downturns.
On the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $1,310, while the current market rent is $1,097. This gap indicates a potential upward trend in rental rates, which could benefit landlords and small-portfolio investors who hold properties for the long term. As rental demand increases, the disparity between the FMR and actual market rents could narrow, leading to higher rental incomes.
For long-term investors, the setup implies a realistic appreciation thesis. With the median home value holding steady and the potential for rental rates to rise towards the FMR level, property values in ZIP 05851 are likely to appreciate gradually. This scenario supports the idea that investing in residential properties here could yield positive returns over time, particularly if the rental income grows as expected.
Investors should monitor local economic trends and federal rental rate adjustments closely to understand how these factors might influence the local real estate market. The current balance between home values and rental rates provides a solid foundation for both homeowners and landlords, ensuring that the area remains attractive for those looking to buy, sell, or rent.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.