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Foreclosure Homes in Lemington, VT

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Lemington, VT Foreclosures

How much do homes sell for in Lemington, VT?
The average home price is currently $229,228.
In Lemington, VT, how many homes are available?
There are currently 41 active home listings available in Lemington.
What’s the average rental cost in Lemington, VT?
The average rental price in Lemington is $1,091.
What is the most expensive home in Lemington, Vermont?
The most expensive home sold in Lemington had a price of $676,060.
What is currently the cheapest priced home in Lemington, VT?
The cheapest home for sale in Lemington is priced at $102,167.

Home Value Estimator For Lemington, VT

There are currently 41 real estate properties in Lemington, VT, with a median automated valuation model (AVM) price of $197,058.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lemington, 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 Lemington, VT, is $229,228.00, with the most expensive house in Lemington, VT, topping out at $676,060.00 and the cheapest home in Lemington, VT, clocking in at $102,167.00. In other words, there’s something for every potential homebuyer or savvy investor in Lemington, VT!


Rent Prices In Lemington, VT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lemington, VT, is on a rollercoaster ride. The average rent price in Lemington, VT, is $1,091.00. Indeed, when looking to rent in Lemington, VT, you can expect to pay as little as $860.00 or as much as $1,490.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Lemington, 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 Lemington, VT In 2024

Lemington is located in Essex, Vermont, with an estimated municipal population of 116 residents. All of the best foreclosed homes for sale in Lemington are located in the following zip code areas on Foreclosure.com: 05903. The estimated population per square kilometer (.62 miles) in Lemington is 1.


Cost Of Living In Lemington, VT

So, about how much do homes cost in Lemington? The most recent median value of resident-owned homes in Lemington is 187,035. An estimated 90.3 percent of households in Lemington own their homes, with an average family size of 2.5. The median household income in Lemington is 29,643, with19.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lemington, the median commute time of resident workers (in minutes) is 24.3.


Diversity And Demographics In Lemington, 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 Lemington, 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 Lemington is 56.2, split between 53.4 percent male versus 46.6 female. The percentage of residents who report being married in Lemington is 59.6, with an average family size of 2.5.

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

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 0%
Aged 10-19 13.7%
20s 6.9%
30s 5.2%
40s 9.5%
50s 25%
60s 7.7%
70s 11.2%
80+ 20.7%

Best Schools In Lemington, 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 Lemington with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lemington.


Pros And Cons Of Living In Lemington, Vermont

How do you know that living in -- or moving to -- Lemington is right where you need to be? Perhaps you grew up in Lemington or already live nearby; therefore, the decision to buy a home in Lemington is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lemington 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 Lemington:

  • 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 Lemington.


Reasons To Move To Lemington, 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 Lemington can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lemington, meanwhile, can field multiple offers from more qualified buyers.

Lemington, VT Foreclosures


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