Commercial Real Estate Market in Richmond, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 113 off-market properties in Richmond, VT.
Market Trends
Richmond, VT spans 33.4 square miles in Chittenden County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Richmond, 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 Richmond, 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 Richmond, 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 Richmond, 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 92.3%
- Civic 5.5%
- Commercial 1.3%
- Industrial 0.9%
- Mixed use 0%
Largest Zones share of zoned land by district
Agricultural Residential
High Density Residential
Industrial Commercial
Mobile Home Park
Commercial
Richmond, VT zones 21,104 acres across 12 districts. Commercial zoning covers 1.3% of zoned land, residential 92.3% and industrial 0.9%. The largest single district is Agricultural Residential at 91.1%. For commercial buyers the practical constraint is that only 2.2% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Richmond, VT has 4,551 residents in 2,111 households. Density runs 136 people per square mile. Median household income here is $118,214 and median gross rent $1,188 a month.
4,551
Population
2,111
Households
2.2
Avg Household Size
42
Median Age
64%
College-Educated
98%
High-School Grad
33.4 sq mi
ZIP Area
136
Density / Sq Mi
$118,214
Median Household Income
$58,329
Median Earnings
$1,188
Median Rent
$403,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Huntington | — | — |
| Williston | — | — |
| Bolton | — | — |
| Jericho | — | — |
Commercial property in Richmond, VT asks $295/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Richmond?
Commercial property in Richmond, VT asks an average of $295 per square foot. Multifamily carries the highest asking price at $290/SF.
What zoning applies to commercial property in Richmond?
Richmond, VT zones 21,104 acres across 12 districts, of which 1.3% is commercial and 0.9% industrial. The largest single district is Agricultural Residential at 91.1% of zoned land. Residential zoning covers 92.3% and open space 0%.
Where does Realmo's Richmond market data come from?
Realmo compiles Richmond, VT figures from 7 recent recorded sales, 8 active sale listings, 113 tracked off-market properties, the current Richmond zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 0 active for-lease listings in Richmond, 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: 21,104 zoned acres across 12 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
