Commercial Real Estate Market in Hardwick, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 123 off-market properties in Hardwick, VT.
Market Trends
Hardwick, VT spans 46.6 square miles in Caledonia County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hardwick, 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 Hardwick, 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 Hardwick, 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 space in Hardwick, VT asks $100/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 79.1%
- Open space 15.9%
- Commercial 2.8%
- Mixed use 1.5%
- Industrial 0.6%
- Civic 0.1%
Largest Zones share of zoned land by district
Rural Residential
Forest Reserve
Compact Residential
Village Neighborhood
Highway Mixed Use
Hardwick, VT zones 24,781 acres across 8 districts. Commercial zoning covers 2.8% of zoned land, residential 79.1%, open space 15.9% and industrial 0.6%. The largest single district is Rural Residential at 70%. For commercial buyers the practical constraint is that only 3.4% of land carries a commercial or industrial designation.
Forest Reserve (FR)
Reserve (FR) District are limited to historic buildings which: (1) have historical or architectural significance to the town, as determined by the Development Review Board from application information, listing on federal or state historic site registers or surveys, and/or evidence presented in hearing; and (2) are no less than 50 years old. (C) Structures de…
Market overview
Demographics & Economy
Hardwick, VT has 2,538 residents in 1,236 households. Density runs 54 people per square mile. Median household income here is $54,750 and median gross rent $694 a month.
2,538
Population
1,236
Households
2.1
Avg Household Size
45
Median Age
21%
College-Educated
94%
High-School Grad
46.6 sq mi
ZIP Area
54
Density / Sq Mi
$54,750
Median Household Income
$39,083
Median Earnings
$694
Median Rent
$181,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Woodbury | — | — |
| Wolcott | — | — |
| Lake Valley | — | — |
| Stannard | — | — |
Commercial property in Hardwick, VT asks $234/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hardwick?
Commercial property in Hardwick, VT asks an average of $234 per square foot. The 6 most recent recorded sales traded at a median of $59/SF, so asking sits 297% above the achieved median. Multifamily carries the highest asking price at $100/SF.
What zoning applies to commercial property in Hardwick?
Hardwick, VT zones 24,781 acres across 8 districts, of which 2.8% is commercial and 0.6% industrial. The largest single district is Rural Residential at 70% of zoned land. Residential zoning covers 79.1% and open space 15.9%.
Where does Realmo's Hardwick market data come from?
Realmo compiles Hardwick, VT figures from 6 recent recorded sales, 6 active sale listings, 123 tracked off-market properties, the current Hardwick zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Hardwick, 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: 24,781 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
