Commercial Real Estate Market in Morristown, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
16 active listings and 212 off-market properties in Morristown, VT.
Market Trends
Morristown, VT spans 65.3 square miles in Lamoille County, Vermont. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Morristown, VT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Morristown, VT runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Morristown, 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%.
Multifamily
Across Lamoille County, multifamily space asks $122/SF to buy. Multifamily vacancy in Morristown, VT runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 97.4%
- Industrial 2%
- Mixed use 0.6%
- Civic 0%
Largest Zones share of zoned land by district
Morristown, VT zones 31,539 acres across 15 districts. The largest single district is Rural Residential With Agriculture at 95.7%. For commercial buyers the practical constraint is that only 2% of land carries a commercial or industrial designation.
Section 1110. Rural Residential/Agricultural (RRA). The purpose of this zone is to preserve an area for agriculture, forestry, and very low-density single-family homes. 1111. RRA #1 (Rural Morristown). All lands located outside the Zone Boundaries described above in Sections 1001 through 1105.
Market overview
Demographics & Economy
Morristown, VT has 5,881 residents in 3,276 households. Density runs 90 people per square mile. Median household income here is $65,057 and median gross rent $1,176 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Morristown?
What zoning applies to commercial property in Morristown?
Where does Realmo's Morristown market data come from?
Methodology & data sources
- Asking prices and medians
- There are 15 active for-sale and 1 active for-lease listings in Morristown, VT. The sale median is based on 12 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 31,539 zoned acres across 15 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
