The story of this market
The typical home in Grand Isle County, Vermont sells for about $460,000, or $268 per square foot.
Prices are down 11.1% from a year ago, which gives buyers more room to negotiate. Homes take about 76 days to sell, which is slow. Over the long run, values in this county have grown 206% since 2000. The biggest natural hazard here is lightning, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,850 a month.
FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+2.8%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+15.7%). Worst: 2013 (-3.5%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.6%
VT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Neighborhood price trend
Long-run price trend, 2000–2025
+2.8%
2025 change
FHFA repeat-sales index, median of 2 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
61
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $3,962,659.
Mortgage activity
Home lending in this county
83.9%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 410 | 261 | 83.9% | 3.5% | $275,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Grand Isle County, Vermont
Grand Isle County's housing market has normalized following historic highs, with single-family sales up nearly 15% even as the median sale price settled to $460,000. Prime direct waterfront properties continue to command premium prices and sustained buyer interest, while lake-access and non-waterfront homes stay on the market longer (median 76 days). Constrained overall inventory and persistent interest from second-home and commuter buyers maintain steady price foundations across the Islands.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 5 cities · 5 ZIP reports
Median prices moved down 11.8% year over year.
Homes spend a median of 33 days on market with 0.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.91% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 7.9% — a stable, low-distress profile.
Deterministic aggregate of 4 researched ZIP reports of 5 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Grand Isle County, Vermont — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 26
researched Sep 26
researched Sep 26
researched Sep 26
researched Sep 26
| 05440 | Alburgh | $350,000 | $185 | +2.1% | 92 | 97.5% | 12% | 8.4 | 96 | $1,529 | researched Sep 26 |
| 05458 | Grand Isle | $464,085 | $257 | +1.4% | 45 | 98.5% | 12% | 6.2 | 102 | $1,363 | researched Sep 26 |
| 05463 | Isle La Motte | $572,992 | $297 | — | 8 | 100% | — | — | 47 | $1,391 | researched Sep 26 |
| 05474 | North Hero | $373,000 | $297 | +28.6% | 8 | 100% | — | — | 56 | $1,556 | researched Sep 26 |
| 05486 | South Hero | $642,168 | $308 | -12% | 33 | — | — | — | 207 | $1,439 | researched Sep 26 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Grand Isle County consistently posts some of the lowest violent and property crime rates in Vermont and the northeastern United States. Rural island community policing is primarily coordinated by the Grand Isle County Sheriff's Department in partnership with the Vermont State Police. Serious crime remains rare, with incident logs dominated by seasonal traffic, property checks, and minor civil disputes.
PreK-8 education is provided locally by individual island town elementary schools within the Grand Isle Supervisory Union, which enjoy strong community involvement and favorable student-to-teacher ratios. For secondary education, the county operates no public comprehensive high school; tuitioning vouchers or cooperative arrangements allow students to attend regional high schools such as South Burlington, Colchester, or Essex.
Lake Champlain shoreline exposure creates localized lake flooding, ice scour, and wind damage risks along low-lying island perimeters, requiring adherence to shoreland protection rules and flood insurance in special flood hazard zones. Inland parcels face negligible wildfire risks, but winter freeze-thaw cycles and severe nor'easters can cause shoreline erosion and utility disruptions.
Economic growth is anchored by tourism, seasonal second-home services, specialty agriculture/orchards, and remote knowledge workers commuting into Chittenden County. Large-scale commercial development is constrained by island geography and state environmental regulation (Act 250), directing capital into custom residential rebuilds, energy efficiency retrofits, and municipal wastewater/water upgrades.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. Federal (United States (federal)) — Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) Superfund Liens: Establishes a statutory federal lien upon the parcel running in favor of the United States for all unrecovered cleanup costs, damages, and statutory interest incurred by the EPA. Rate and formula: Direct Dollar-for-Dollar Reimbursement (Lien Amount = Incurred Response Costs + Administrative Costs + Federal (United States (federal)) — Foreign Investment in Real Property Tax Act (FIRPTA) Withholding: Imposes an affirmative withholding tax obligation on the transferee (buyer) to withhold and remit tax on the gross amount realized (gross sales price). The statutory base withholding rate is 15% of the total purchase price (Formula: Tax = Amount Realized × 15%). Exemptions and reductions: (1) 0% wit Federal (United States (federal)) — Federal General Tax Lien Encumbrance: Under IRC § 6321, a statutory lien arises automatically as of the date of assessment and attaches to all real property owned or acquired by the taxpayer.
Commuters travel via US Route 2 south across the Sandbar causeway toward Burlington and Chittenden County employment centers, with average countywide drive times around 31 minutes. Ferry service via the Lake Champlain Transportation Company connects Grand Isle year-round to Cumberland Head/Plattsburgh, New York.
Surrounded entirely by Lake Champlain, recreation centers on boating, sailing, freshwater fishing, and shoreline access at Grand Isle State Park, Knight Point State Park, and Sand Bar State Park. The area also features the Lake Champlain Islands scenic byway, historic sites like Isle La Motte's Chazy Reef, local apple orchards, and seasonal bike tourism along the causeway trail networks.
Residential permitting is steady but modest, restricted by strict town zoning bylaws, on-site septic capacity constraints, and Vermont Act 250 jurisdictional thresholds. New construction focuses primarily on high-end custom waterfront homes, replacement dwellings, and accessory dwelling unit additions.
The rental market exhibits strong seasonal bifurcation, with significant inventory allocated to vacation rentals and short-term lakefront summer stays. Long-term rental housing is tight with low vacancy and limited multi-family stock, keeping county median asking rents around $1,800 to $1,900 monthly.
The county economy is centered on maritime recreation, seasonal hospitality, specialty agriculture, construction trades, and public sector employment. A significant percentage of civilian earnings originates outside the county via commuting or remote work for Chittenden County healthcare, tech, and higher-education employers.
Vehicular access follows US Route 2, linking north to the Canadian border and south via causeway to mainland Chittenden County; VT Route 129 and Route 78 provide secondary bridges. The Lake Champlain Transportation Company ferry operates 24/7 between Grand Isle and Plattsburgh, NY, providing an interstate maritime transit link.
Local development is governed by five individual town planning commissions enforcing rural residential conservation, shoreline setbacks, and low-density zoning. Growth pressure centers around lakefront parcel conversions and maintaining historic agricultural landscapes while supporting sensitive infill in designated village centers.
Vermont does not use a single centralized county appraisal district; property assessments are handled at the town level by local listers or contracted assessors. The Vermont Department of Taxes conducts an annual equalization study calculating each town's Common Level of Appraisal (CLA) and Equalized Education Property Value.
Parcels are subject to town municipal taxes, town fire/rescue funding, and the Grand Isle Supervisory Union school district levy. Certain properties belong to community water system service districts or lake shoreline fire districts with specific annual assessment surcharges.
Homeowners insurance premiums remain moderate relative to national averages, but lakefront structures face upward pressure due to flood and shoreline wind underwriting criteria. The Federal Emergency Management Agency (FEMA) coastal/lake mapping updates have increased insurance scrutiny for lower-lying Champlain bays.
- Parc Safari3.816.7 mi
- Spare Time Colchester4.325.1 mi
- Get Air Trampoline Park4.129.6 mi
- Camping des chutes Hunter425 mi
- Monkey Do!4.329.5 mi
- Champlain Valley Exposition4.326.5 mi
- ECHO, Leahy Center for Lake Champlain4.626.7 mi
- Foam Brewers - Burlington4.726.5 mi
- Spare Time Colchester4.325.1 mi
- Higher Ground4.327.6 mi
- Parc Safari3.816.7 mi
- Plattsburgh City Beach4.411.7 mi
- Snow Farm Vineyard & Distillery4.816.2 mi
- Sand Bar State Park4.516.3 mi
- Cumberland Bay State Park4.511.4 mi
- ECHO, Leahy Center for Lake Champlain4.626.7 mi
- Ethan Allen Homestead Museum and Historic Site4.524.5 mi
- Lake Champlain Causeway4.919.4 mi
- Fleming Museum of Art4.526.7 mi
- Lieu historique national du Fort-Lennox4.218.1 mi
- Grand Isle State Park4.611.9 mi
- Plattsburgh City Beach4.411.7 mi
- Sand Bar State Park4.516.3 mi
- Cumberland Bay State Park4.511.4 mi
- Alburgh Dunes State Park4.50.6 mi
- Marina St-Tropez - Destination festive423.2 mi
- Apple Island Resort4.315.6 mi
- Marina Gosselin4.319 mi
- Hero's Welcome4.63 mi
- Marina Fortin Inc.4.718.3 mi
- Club de Golf De Hemmingford4.519.3 mi
- Club de Golf International 20004.112.3 mi
- Apple Island Resort4.315.6 mi
- Bluff Point Golf Resort4.416.6 mi
- Lakewood Links Golf Club4.53.4 mi
- Champlain Centre414.5 mi
- Market 324.314.9 mi
- T.J. Maxx4.314.9 mi
- Price Chopper4.211 mi
- Market 324.110.5 mi
- Burlington International Airport427.6 mi
- Plattsburgh International Airport4.216.3 mi
- Green valley taxi - BTV -Airport Taxi525.7 mi
- 89 TAXI - Airport taxi - BTV shuttle4.926.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Vermont's second-most visited state park, offering Lake Champlain water access, boat launches, camping sites, and nature trails.
A 54-acre state park located in North Hero featuring swimming beaches, picnic areas, and shoreline recreation.
Located on Isle La Motte, this preservation site protects exposure of the world's oldest known diverse fossil reef.
US Route 2 corridor spanning the island chain, connecting farm stands, marinas, artisanal food producers, and lake vistas.
Data retrieved from U.S. Census Bureau QuickFacts and ACS 5-year County Profile tables for Grand Isle County, VT (FIPS 50013).