Commercial Real Estate Market in Fairlee, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 66 off-market properties in Fairlee, VT.
Market Trends
Fairlee, VT spans 43.1 square miles in Orange County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fairlee, 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 Fairlee, 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 Fairlee, 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 Fairlee, 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
- Open space 70%
- Residential 24.3%
- Mixed use 3.5%
- Civic 0.8%
- Commercial 0.2%
Largest Zones share of zoned land by district
Conservation Area
Residential
Mixed Use
Lake Area
Lakeshore Resort
Fairlee, VT zones 11,921 acres across 8 districts. Commercial zoning covers 0.2% of zoned land, residential 24.3% and open space 70%. The largest single district is Conservation Area at 70%. For commercial buyers the practical constraint is that only 0.2% of land carries a commercial or industrial designation.
Mixed Use (MU)
The purpose of the MU district is to provide a location for a mix of uses that benefit from access to US Route 5, including residential, home business and commercial uses to the exclusion of primary retail.
Market overview
Demographics & Economy
Fairlee, VT has 1,686 residents in 1,034 households. Density runs 39 people per square mile. Median household income here is $73,889 and median gross rent $1,125 a month.
1,686
Population
1,034
Households
1.6
Avg Household Size
51
Median Age
55%
College-Educated
96%
High-School Grad
43.1 sq mi
ZIP Area
39
Density / Sq Mi
$73,889
Median Household Income
$49,250
Median Earnings
$1,125
Median Rent
$265,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Orford | — | — |
| Lake Morey | — | — |
| Piermont | — | — |
| West Fairlee | — | — |
Commercial property in Fairlee, VT asks $392/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fairlee?
Commercial property in Fairlee, VT asks an average of $392 per square foot.
What zoning applies to commercial property in Fairlee?
Fairlee, VT zones 11,921 acres across 8 districts, of which 0.2% is commercial and 0% industrial. The largest single district is Conservation Area at 70% of zoned land. Residential zoning covers 24.3% and open space 70%.
Where does Realmo's Fairlee market data come from?
Realmo compiles Fairlee, VT figures from 5 recent recorded sales, 4 active sale listings, 66 tracked off-market properties, the current Fairlee zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Fairlee, 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: 11,921 zoned acres across 8 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
