Commercial Real Estate Market in Cornwall, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 9 off-market properties in Cornwall, VT.
Market Trends
Cornwall, VT spans 83.8 square miles in Addison County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cornwall, VT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Cornwall, VT runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Cornwall, VT runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Cornwall, VT runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 80.5%
- Open space 19.5%
Largest Zones share of zoned land by district
Low Density Residential
Conservation
Medium Density Residential
West Cornwall VIllage
Cornwall VIllage
Cornwall, VT zones 18,395 acres across 5 districts. The largest single district is Low Density Residential at 72.3%.
Low Density Residential (LDR)
LDR) Conservation District (CON) Section 210: ZONING MAP The location and boundaries of zoning districts are established as shown on the Zoning Map recorded in the Cornwall Town Clerk’s office. A non-official reproduction is included herein for convenience only. The Zoning Map is hereby made a part of these Regulations and a part of all future amendments to…
Market overview
Demographics & Economy
Cornwall, VT has 11,113 residents in 4,266 households. Density runs 133 people per square mile. Median household income here is $87,340 and median gross rent $1,199 a month.
11,113
Population
4,266
Households
2.6
Avg Household Size
36
Median Age
56%
College-Educated
96%
High-School Grad
83.8 sq mi
ZIP Area
133
Density / Sq Mi
$87,340
Median Household Income
$20,087
Median Earnings
$1,199
Median Rent
$383,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Middlebury | — | — |
| Salisbury | — | — |
| Weybridge | — | — |
| Whiting | — | — |
Commercial property in Cornwall, VT asks $380/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cornwall?
Commercial property in Cornwall, VT asks an average of $380 per square foot.
What zoning applies to commercial property in Cornwall?
Cornwall, VT zones 18,395 acres across 5 districts, of which 0% is commercial and 0% industrial. The largest single district is Low Density Residential at 72.3% of zoned land. LDR) Conservation District (CON) Section 210: ZONING MAP The location and boundaries of zoning districts are established as shown on the Zoning Map recorded in the Cornwall Town Clerk’s office. A non-official reproduction is included herein for convenience only. The Zoning Map is hereby made a part of these Regulations and a part of all future amendments to… Residential zoning covers 80.5% and open space 19.5%.
Where does Realmo's Cornwall market data come from?
Realmo compiles Cornwall, VT figures from 3 active sale listings, 9 tracked off-market properties, the current Cornwall zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Cornwall, VT. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 18,395 zoned acres across 5 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
