Commercial Real Estate Market in Morrisville, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 9 off-market properties in Morrisville, VT.
Market Trends
Morrisville, VT spans 65.3 square miles in Lamoille County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Morrisville, VT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Morrisville, 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 Morrisville, 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
Multifamily space in Morrisville, VT asks $121/SF to buy. Vacancy 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 49%
- Civic 29.8%
- Commercial 16.2%
- Industrial 3.6%
- Mixed use 1.5%
Largest Zones share of zoned land by district
Section 245. High Density Residential (HDR). 246. Objective. To promote affordable housing through multi-family units and/or single dwelling unit on small lots. This district shall be in close proximity to the commercial areas for walking or short distance vehicle transportation. It is also serviced by public utilities and services that allow for the high-de…
Market overview
Demographics & Economy
Morrisville, 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
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Morristown | — | — |
| Hyde Park | — | — |
| Elmore | — | — |
| East Elmore | — | — |
Frequently Asked Questions
Where does Realmo's Morrisville market data come from?
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 1 active for-lease listings in Morrisville, 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: 1,296 zoned acres across 14 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