Commercial Real Estate Market in Milton, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 210 off-market properties in Milton, VT. Commercial property asks $80/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Milton, VT spans 62.5 square miles in Chittenden County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Milton, 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 Milton, 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 Milton, 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 Milton, VT asks $290/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 79.6%
- Open space 9.6%
- Civic 5.5%
- Industrial 4.4%
- Mixed use 0.9%
- Commercial 0.2%
Largest Zones share of zoned land by district
Agricultural Rural Residential
Shoreland Residential
Forestry Conservation Scenic Ridgeline
Low Density Residential
Medium Density Residential
Milton, VT zones 39,185 acres across 22 districts. Commercial zoning covers 0.2% of zoned land, residential 79.6%, open space 9.6% and industrial 4.4%. The largest single district is Agricultural Rural Residential at 55.5%. For commercial buyers the practical constraint is that only 4.5% of land carries a commercial or industrial designation.
Agricultural Rural Residential (R5)
District (15) Old Towne Residential (R1) District (16) Medium Density Residential (R2) District (17) Low Density Residential (R3) District (18) Transitional Residential (R4) District (19) Agricultural/Rural Residential (R5) District (20) Shoreland Residential (R6) District (21) Beaverbrook Residential (R7) District (22) Forestry/Conservation/Scenic Ridgeline…
Market overview
Demographics & Economy
Milton, VT has 13,369 residents in 5,137 households. Density runs 214 people per square mile. Median household income here is $112,122 and median gross rent $1,537 a month.
13,369
Population
5,137
Households
2.6
Avg Household Size
42
Median Age
32%
College-Educated
93%
High-School Grad
62.5 sq mi
ZIP Area
214
Density / Sq Mi
$112,122
Median Household Income
$56,394
Median Earnings
$1,537
Median Rent
$340,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Binghamville | — | — |
| Westford | — | — |
| Georgia | — | $7.30 |
| Fairfax | — | — |
Commercial property in Milton, VT asks $80/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Milton?
Commercial property in Milton, VT asks an average of $80 per square foot. Multifamily carries the highest asking price at $290/SF.
How much does it cost to lease commercial space in Milton?
Asking lease rates in Milton, VT average $12.00 per square foot per year.
What zoning applies to commercial property in Milton?
Milton, VT zones 39,185 acres across 22 districts, of which 0.2% is commercial and 4.4% industrial. The largest single district is Agricultural Rural Residential at 55.5% of zoned land. District (15) Old Towne Residential (R1) District (16) Medium Density Residential (R2) District (17) Low Density Residential (R3) District (18) Transitional Residential (R4) District (19) Agricultural/Rural Residential (R5) District (20) Shoreland Residential (R6) District (21) Beaverbrook Residential (R7) District (22) Forestry/Conservation/Scenic Ridgeline… Residential zoning covers 79.6% and open space 9.6%.
Where does Realmo's Milton market data come from?
Realmo compiles Milton, VT figures from 7 recent recorded sales, 18 active sale listings, 2 active lease listings, 210 tracked off-market properties, the current Milton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 2 active for-lease listings in Milton, 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: 39,185 zoned acres across 22 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
