ZIP Code 05101 Housing Market

📝 Local Market Notes

ZIP 05101 in Windham County, Vermont, exhibits a distinct pattern of rapid appreciation followed by stabilization. The Home Price Index (HPI) surged from 204.3 in 2021 to 300.74 in 2023, representing a significant 47% increase over two years. However, momentum has decelerated sharply in recent periods. The index rose only 0.6% from 2023 to 2024, reaching 302.6, before climbing another 1.57% to 307.34 in 2025. This trajectory suggests that the initial post-pandemic price surge has matured into a plateau, with current growth rates significantly lower than the explosive gains observed during the 2021–2023 window. Comparative data reveals a notable divergence between this specific ZIP code and broader regional trends. While the state of Vermont experienced a robust 7.16% year-over-year increase, and Windham County grew by 1.96%, ZIP 05101 lagged behind both at 1.57%. This underperformance relative to the state average indicates that local price growth is decoupling from statewide momentum. Furthermore, nearby ZIP 05301 is outpacing 05101 with a 5.17% YoY gain, suggesting a potential shift in buyer preference toward adjacent areas or a specific saturation point within the 05101 market. The sub-market character of ZIP 05101 aligns with mid-tier ownership rather than luxury or entry-level segments. With an HPI of 307.3, home values are elevated compared to the 2000 baseline, yet the parent county’s median home value of $279,600 and median household income of $72,217 suggest a market accessible to moderate-income households. The 73.9% owner-occupancy rate reinforces a stable, residential community structure. For prospective buyers, the current environment offers a cooling market relative to state trends, potentially providing more negotiating leverage than in the previous two years. Residents should note that while prices have stabilized, the high mortgage rate of 7.40% continues to constrain purchasing power, making the current pricing plateau a critical factor for affordability calculations.

Based on FHFA House Price Index data.