Commercial Real Estate Market in Norwich, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 38 off-market properties in Norwich, VT.
Market Trends
Norwich, VT spans 40.1 square miles in Windsor County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Norwich, 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 Norwich, 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 Norwich, 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 Norwich, VT asks $172/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 99.6%
- Industrial 0.4%
- Civic 0%
Largest Zones share of zoned land by district
Rural Residential
Village Residential 1
Commercial Industrial
Village Residential 2
Village Business
Norwich, VT zones 28,674 acres across 5 districts. The largest single district is Rural Residential at 97.5%. For commercial buyers the practical constraint is that only 0.4% of land carries a commercial or industrial designation.
Rural Residential (RR)
Rural Residential (RR) District (A) PURPOSE: THE PURPOSE OF THE RURAL RESIDENTIAL DISTRICT IS TO ALLOW LOW DENSITY DEVELOPMENT IN A RURAL SETTING, WHILE PROTECTING THE NATURAL RESOURCES AND LIMITING DEVELOPMENT IN THOSE AREAS OF TOWN ACCESSED BY UNIMPROVED OR SUBSTANDARD ROADS. THE RURAL RESIDENTIAL DISTRICT IS INTENDED PRINCIPALLY FOR AGRICULTURE, FORESTRY,…
Market overview
Demographics & Economy
Norwich, VT has 3,503 residents in 1,370 households. Density runs 87 people per square mile. Median household income here is $140,590 and median gross rent $1,337 a month.
3,503
Population
1,370
Households
2.6
Avg Household Size
47
Median Age
82%
College-Educated
100%
High-School Grad
40.1 sq mi
ZIP Area
87
Density / Sq Mi
$140,590
Median Household Income
$59,406
Median Earnings
$1,337
Median Rent
$568,700
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Norwich?
Norwich, VT zones 28,674 acres across 5 districts, of which 0% is commercial and 0.4% industrial. The largest single district is Rural Residential at 97.5% of zoned land. Rural Residential (RR) District (A) PURPOSE: THE PURPOSE OF THE RURAL RESIDENTIAL DISTRICT IS TO ALLOW LOW DENSITY DEVELOPMENT IN A RURAL SETTING, WHILE PROTECTING THE NATURAL RESOURCES AND LIMITING DEVELOPMENT IN THOSE AREAS OF TOWN ACCESSED BY UNIMPROVED OR SUBSTANDARD ROADS. THE RURAL RESIDENTIAL DISTRICT IS INTENDED PRINCIPALLY FOR AGRICULTURE, FORESTRY,… Residential zoning covers 99.6% and open space 0%.
Where does Realmo's Norwich market data come from?
Realmo compiles Norwich, VT figures from 2 recent recorded sales, 2 active sale listings, 38 tracked off-market properties, the current Norwich zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Norwich, 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: 28,674 zoned acres across 5 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
