The story of this market
The typical home in ZIP 05453 sells for about $584,450, or $228 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 05453 — Essex Junction
Fairfax is experiencing steady demand as a desirable bedroom community for the Burlington metro area, resulting in consistent price appreciation. Low inventory levels continue to support a competitive market for buyers, though the pace of sales remains moderate. The town's appeal is driven by its rural character and proximity to regional employment centers.
This ZIP is ideal for families and commuters seeking a rural, community-oriented lifestyle while maintaining access to the Burlington employment core.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 4.0 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 13.9% — 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 8.7%/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 7.1%/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 05453, Franklin County VT
Fairfax maintains a low crime rate consistent with rural Vermont communities, with incidents significantly lower than national averages.
The town is served by the Fairfax School District, which is generally well-regarded for its small class sizes and community-focused educational environment.
The area faces typical New England climate risks, including seasonal flooding near the Lamoille River and winter storm exposure; insurance premiums are stable but reflect regional hazard profiles.
Economic momentum is driven by its status as a bedroom community for the Burlington-South Burlington metro area, with steady residential development and limited commercial expansion.
Property taxes are assessed at the town level based on the state's education funding formula, which includes a homestead exemption for primary residences.
Residents primarily commute by car toward Burlington and St. Albans, with an average commute time of approximately 28 minutes.
The area features access to Fairfax Falls, local parks, and extensive rural trails, providing significant outdoor recreation opportunities within a short drive.
The rental market is tight with low vacancy rates, driven by limited inventory and demand from commuters working in Chittenden County.
The economy is largely service-based with many residents employed in the nearby Burlington metro area; local industry includes agriculture and small-scale retail.
Transportation is heavily reliant on private vehicles; there is limited public transit infrastructure connecting the town to major employment hubs.
Development is focused on maintaining the town's rural character while accommodating slow, steady residential growth.
The Franklin County appraisal process follows state-mandated standards for annual property valuation updates.
Parcels are subject to local school district taxes and municipal service levies.
Property insurance markets are stable, though premiums are influenced by regional wildfire and flood risk assessments.
Vermont has seen a net positive domestic migration trend, particularly in towns bordering Chittenden County like Fairfax.
Vermont is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement regarding the condition of the home.
Data retrieved from Census Bureau ZCTA profiles and Data USA.
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.
- Smugglers' Notch Resort4.517.8 mi
- Spare Time Colchester4.32.9 mi
- Get Air Trampoline Park4.13.2 mi
- Monkey Do!4.32.9 mi
- The Great Escape Room Burlington54.8 mi
- Stowe Mountain Resort4.216.7 mi
- Champlain Valley Exposition4.30.3 mi
- ECHO, Leahy Center for Lake Champlain4.65.2 mi
- Foam Brewers - Burlington4.75.1 mi
- Spare Time Colchester4.32.9 mi
- Shelburne Museum4.810 mi
- Shelburne Farms4.89.3 mi
- Champlain Valley Exposition4.30.3 mi
- ECHO, Leahy Center for Lake Champlain4.65.2 mi
- Waterfront Park4.75.2 mi
- Shelburne Museum4.810 mi
- ECHO, Leahy Center for Lake Champlain4.65.2 mi
- Ethan Allen Homestead Museum and Historic Site4.55.6 mi
- Lake Champlain Causeway4.911.3 mi
- Fleming Museum of Art4.54 mi
- Shelburne Farms4.89.3 mi
- Waterfront Park4.75.2 mi
- Causeway Park4.89.5 mi
- North Beach Park4.66 mi
- Leddy Park4.56.5 mi
- Apple Island Resort4.312.2 mi
- Point Bay Marina4.917.2 mi
- Indian Bay Marina and Restaurant4.814.2 mi
- Burlington Harbor Marina4.75.3 mi
- Apple Island Resort4.312.2 mi
- West Bolton Golf Club4.511.1 mi
- Kwiniaska Golf Course4.18 mi
- Church Street Marketplace4.54.8 mi
- University Mall3.83.8 mi
- T.J. Maxx4.25.4 mi
- Healthy Living4.43.7 mi
- Shaw's43.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A scenic waterfall and popular local landmark.
Provides sports fields and community gathering spaces.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.