Commercial Real Estate Market in Leicester, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Leicester, VT spans 108.1 square miles in Rutland County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Leicester, 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 Leicester, 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 Leicester, 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 Leicester, VT asks $135/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
- Agricultural 41.1%
- Planned_development 37.4%
- Residential 13.5%
- Commercial 6.7%
- Industrial 0.8%
Largest Zones share of zoned land by district
Conservation District
Residential Agriculture
Lakeshore District 2
Residential Agriculture Commercial
Lakeshore District 1
Conservation District (CON)
Section 2.4.6 CONSERVATION (CON) DISTRICT A. Objectives and Guidelines - The purpose of the CON District is to protect certain areas of Town that are recognized as critical for their biological functions. This includes the Lowland Region ( Leicester Swamp) and the Otter Creek Region, a region composed mostly of wetlands and floodplain bordering the Otter Cre…
Market overview
Demographics & Economy
Leicester, VT has 5,935 residents in 3,289 households. Density runs 55 people per square mile. Median household income here is $65,673 and median gross rent $1,020 a month.
5,935
Population
3,289
Households
1.8
Avg Household Size
48
Median Age
33%
College-Educated
95%
High-School Grad
108.1 sq mi
ZIP Area
55
Density / Sq Mi
$65,673
Median Household Income
$40,993
Median Earnings
$1,020
Median Rent
$240,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Salisbury | — | — |
| Forestdale | — | — |
| Goshen | — | — |
| Brandon | — | — |
Methodology & data sources
- 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: 13,442 zoned acres across 7 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
