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Foreclosure Homes in Essex, VT

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Essex, VT Foreclosures

How much do homes sell for in Essex, VT?
The average home price is currently $404,337.
In Essex, VT, how many homes are available?
There are currently 38 active home listings available in Essex.
What’s the average rental cost in Essex, VT?
The average rental price in Essex is $1,554.
What is the most expensive home in Essex, Vermont?
The most expensive home sold in Essex had a price of $876,970.
What is currently the cheapest priced home in Essex, VT?
The cheapest home for sale in Essex is priced at $139,324.

Home Value Estimator For Essex, VT

There are currently 38 real estate properties in Essex, VT, with a median automated valuation model (AVM) price of $406,140.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Essex, VT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Essex, VT, is $404,337.00, with the most expensive house in Essex, VT, topping out at $876,970.00 and the cheapest home in Essex, VT, clocking in at $139,324.00. In other words, there’s something for every potential homebuyer or savvy investor in Essex, VT!


Rent Prices In Essex, VT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Essex, VT, is on a rollercoaster ride. The average rent price in Essex, VT, is $1,554.00. Indeed, when looking to rent in Essex, VT, you can expect to pay as little as $1,000.00 or as much as $2,200.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Essex, VT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Essex, VT In 2024

Essex is located in Chittenden, Vermont, with an estimated municipal population of 21,467 residents. All of the best foreclosed homes for sale in Essex are located in the following zip code areas on Foreclosure.com: 05452 05402 05451 05453. The estimated population per square kilometer (.62 miles) in Essex is 213.


Cost Of Living In Essex, VT

So, about how much do homes cost in Essex? The most recent median value of resident-owned homes in Essex is 301,135. An estimated 70.6 percent of households in Essex own their homes, with an average family size of 2.92. The median household income in Essex is 84,588, with40.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Essex, the median commute time of resident workers (in minutes) is 21.4. And last, but certainly not least, are you looking for homes to rent in Essex? If so, the average rent price paid by renters in Essex is 1,252, according to recent statistics.


Diversity And Demographics In Essex, Vermont

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Essex, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Essex is 40.2, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Essex is 55.6, with an average family size of 2.92.

The percentage of residents who report their race in Essex is as follows:

White 87.1%
Black / African American 2.6%
Asian 5.1%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.7%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Essex? Or maybe you are searching for 55+ active adult communities in and/or near Essex?

The percentage of residents who report their age in Essex is as follows:

Under 10 11.1%
Aged 10-19 12.3%
20s 13.4%
30s 12.9%
40s 14.6%
50s 14.1%
60s 11.8%
70s 6.5%
80+ 3.3%

Best Schools In Essex, Vermont

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Essex with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Essex.


Pros And Cons Of Living In Essex, Vermont

How do you know that living in -- or moving to -- Essex is right where you need to be? Perhaps you grew up in Essex or already live nearby; therefore, the decision to buy a home in Essex is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Essex for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Essex:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Essex.


Reasons To Move To Essex, Vermont, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Essex can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Essex, meanwhile, can field multiple offers from more qualified buyers.

Essex, VT Foreclosures


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