The story of this market
The typical home in ZIP 05458 sells for about $464,085, or $257 per square foot.
Prices are up +1.4% 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 $1,363 a month.
ZIP 05458 — Grand Isle
The Fairfax housing market remains stable with modest price appreciation and low inventory levels. Demand is driven by its appeal as a bedroom community for the Burlington area, though high interest rates and limited supply continue to constrain transaction volume.
Fairfax is ideal for families and professionals seeking a rural lifestyle within a manageable commute to major Vermont employment hubs, offering more space than the immediate Burlington suburbs.
Median prices moved up 1.4% year over year.
Homes spend a median of 45 days on market with 6.2 months of supply — a balanced-paced 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 0.2% · 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 6.4%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 05454, Fairfax VT
Crime rates in Fairfax remain low, consistent with the rural character of Franklin County and significantly below national urban averages.
The area is served by the BFA-Fairfax school system, which is generally regarded as a community-focused district with solid academic performance.
The region faces typical northern Vermont climate risks, including heavy winter snow loads and potential spring flooding near the Lamoille River, with standard insurance coverage recommended.
Fairfax serves as a growing residential bedroom community for the Burlington-South Burlington employment corridor, balancing rural land preservation with steady demand for new housing.
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 private vehicle toward Burlington and St. Albans, with an average commute time of approximately 28 minutes.
The area offers access to local parks, hiking trails, and the Lamoille River, with broader shopping and entertainment amenities located in nearby St. Albans or the Burlington metro area.
The rental market is tight with limited inventory, primarily consisting of single-family home rentals and small multi-family units, with high demand from commuters.
The local economy is driven by small businesses, agriculture, and the service sector, with many residents employed in the broader Burlington-South Burlington labor market.
Transportation is heavily reliant on personal vehicles; there is limited public transit infrastructure connecting the town to regional employment centers.
Development is guided by the town's zoning bylaws, which prioritize the preservation of rural character while allowing for controlled residential growth.
The town conducts periodic property revaluations to ensure assessments align with current market values for tax purposes.
Parcels are subject to local school district taxes and state-wide education property tax levies.
Property insurance premiums are influenced by regional wildfire and flood risk assessments, with standard coverage generally available.
Vermont has seen modest net domestic migration, with Fairfax attracting residents seeking a balance of rural living and proximity to Burlington.
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 USA and World Population Review profiles for Fairfax, VT.
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.
- Spare Time Colchester4.316.3 mi
- Champy's Fun City4.39.7 mi
- The Great Escape Room Burlington517.7 mi
- Escape Room 60518.9 mi
- Champlain Valley Exposition4.318 mi
- ECHO, Leahy Center for Lake Champlain4.617.6 mi
- Foam Brewers - Burlington4.717.5 mi
- Spare Time Colchester4.316.3 mi
- Higher Ground4.318.7 mi
- Causeway Park4.812.1 mi
- Plattsburgh City Beach4.46.7 mi
- Snow Farm Vineyard & Distillery4.87.1 mi
- Sand Bar State Park4.57.4 mi
- Airport Park4.712.5 mi
- ECHO, Leahy Center for Lake Champlain4.617.6 mi
- Ethan Allen Homestead Museum and Historic Site4.515.4 mi
- Lake Champlain Causeway4.910.2 mi
- Fleming Museum of Art4.517.7 mi
- Ethan Allen Tower4.615.4 mi
- Grand Isle State Park4.62.7 mi
- Causeway Park4.812.1 mi
- Plattsburgh City Beach4.46.7 mi
- Sand Bar State Park4.57.4 mi
- Airport Park4.712.5 mi
- Apple Island Resort4.36.4 mi
- Hero's Welcome4.66.2 mi
- North Hero Marina4.47.6 mi
- Plattsburgh Boat Basin4.47.4 mi
- Burlington Harbor Marina4.717.3 mi
- Apple Island Resort4.36.4 mi
- Bluff Point Golf Resort4.49.1 mi
- Lakewood Links Golf Club4.512.6 mi
- Champlain Centre49.7 mi
- Market 324.39.8 mi
- T.J. Maxx4.39.7 mi
- Runnings4.410 mi
- Market 324.112.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features sports fields and community gathering spaces.
Provides opportunities for fishing, kayaking, and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.