Commercial Real Estate Market in Franklin, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 21 off-market properties in Franklin, VT.
Market Trends
Franklin, VT spans 37.9 square miles in Franklin County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Franklin, 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 Franklin, 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 Franklin, 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 Franklin, 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 84.7%
- Open space 12.8%
- Commercial 2.6%
Largest Zones share of zoned land by district
Rural Residential Agricultural District
Conservation District
Shoreland Recreation District
Village District
Franklin, VT zones 26,163 acres across 4 districts. Commercial zoning covers 2.6% of zoned land, residential 84.7% and open space 12.8%. The largest single district is Rural Residential Agricultural District at 75.2%. For commercial buyers the practical constraint is that only 2.6% of land carries a commercial or industrial designation.
Rural Residential Agricultural District (RRA)
The purpose of this district is to accommodate sufficient low density rural development to meet housing needs over the next five years. Land in this district has access by improved public highways and is currently committed to extensive rural residential development, although agriculture is still the predominant land use in much of the district.
Market overview
Demographics & Economy
Franklin, VT has 1,577 residents in 937 households. Density runs 42 people per square mile. Median household income here is $101,964 and median gross rent $871 a month.
1,577
Population
937
Households
1.7
Avg Household Size
42
Median Age
24%
College-Educated
96%
High-School Grad
37.9 sq mi
ZIP Area
42
Density / Sq Mi
$101,964
Median Household Income
$49,000
Median Earnings
$871
Median Rent
$245,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Highgate | — | — |
| Beaulieus Corner | — | — |
| Enosburg Falls | — | — |
| Sheldon | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Franklin?
Franklin, VT zones 26,163 acres across 4 districts, of which 2.6% is commercial and 0% industrial. The largest single district is Rural Residential Agricultural District at 75.2% of zoned land. The purpose of this district is to accommodate sufficient low density rural development to meet housing needs over the next five years. Land in this district has access by improved public highways and is currently committed to extensive rural residential development, although agriculture is still the predominant land use in much of the district. Residential zoning covers 84.7% and open space 12.8%.
Where does Realmo's Franklin market data come from?
Realmo compiles Franklin, VT figures from 3 active sale listings, 21 tracked off-market properties, the current Franklin 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 Franklin, 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: 26,163 zoned acres across 4 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
