Commercial Real Estate Market in Northfield, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
9 active listings and 104 off-market properties in Northfield, VT.
Market Trends
Northfield, VT spans 60.7 square miles in Washington County, Vermont. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Northfield, 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 Northfield, 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 Northfield, 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 Northfield, VT asks $143/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 97.8%
- Commercial 1%
- Civic 0.6%
- Industrial 0.5%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Low Density Residential
Medium Density Residential
High Density Residential
Institutional
Industrial
Northfield, VT zones 28,684 acres across 7 districts. Commercial zoning covers 1% of zoned land, residential 97.8% and industrial 0.5%. The largest single district is Low Density Residential at 94.7%. For commercial buyers the practical constraint is that only 1.5% of land carries a commercial or industrial designation.
Low Density Residential (LDR)
The intent of the Low Density Residential District is to preserve open land for agriculture and forestry, and maintain traditional settlement patterns, support and regulate agricultural entrepreneurship
Market overview
Demographics & Economy
Northfield, VT has 6,559 residents in 2,549 households. Density runs 108 people per square mile. Median household income here is $72,132 and median gross rent $988 a month.
6,559
Population
2,549
Households
2.6
Avg Household Size
33
Median Age
37%
College-Educated
96%
High-School Grad
60.7 sq mi
ZIP Area
108
Density / Sq Mi
$72,132
Median Household Income
$40,873
Median Earnings
$988
Median Rent
$260,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Barre | — | — |
| Montpelier | — | — |
Commercial property in Northfield, VT asks $4/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Northfield?
Commercial property in Northfield, VT asks an average of $4 per square foot. The 4 most recent recorded sales traded at a median of $61/SF. Multifamily carries the highest asking price at $143/SF.
What zoning applies to commercial property in Northfield?
Northfield, VT zones 28,684 acres across 7 districts, of which 1% is commercial and 0.5% industrial. The largest single district is Low Density Residential at 94.7% of zoned land. The intent of the Low Density Residential District is to preserve open land for agriculture and forestry, and maintain traditional settlement patterns, support and regulate agricultural entrepreneurship Residential zoning covers 97.8% and open space 0%.
Where does Realmo's Northfield market data come from?
Realmo compiles Northfield, VT figures from 8 recent recorded sales, 9 active sale listings, 104 tracked off-market properties, the current Northfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Northfield, 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: 28,684 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
