Commercial Real Estate Market in South Burlington, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 593 off-market properties in South Burlington, VT. Commercial property asks $79/SF to buy and $18.00/SF/Yr to lease.
Market Trends
South Burlington, VT spans 16.4 square miles in Chittenden County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in South Burlington, 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 South Burlington, 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 South Burlington, 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 South Burlington, 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
Market overview
Demographics & Economy
South Burlington, VT has 20,166 residents in 9,565 households. Density runs 1,232 people per square mile. Median household income here is $97,041 and median gross rent $1,755 a month.
20,166
Population
9,565
Households
2.1
Avg Household Size
41
Median Age
65%
College-Educated
98%
High-School Grad
16.4 sq mi
ZIP Area
1,232
Density / Sq Mi
$97,041
Median Household Income
$54,362
Median Earnings
$1,755
Median Rent
$399,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Burlington | — | $20.24 |
| Winooski | — | — |
| Colchester | — | — |
| Essex | — | — |
Commercial property in South Burlington, VT asks $79/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in South Burlington?
Commercial property in South Burlington, VT asks an average of $79 per square foot. The 5 most recent recorded sales traded at a median of $209/SF. Multifamily carries the highest asking price at $290/SF.
How much does it cost to lease commercial space in South Burlington?
Asking lease rates in South Burlington, VT average $18.00 per square foot per year.
Where does Realmo's South Burlington market data come from?
Realmo compiles South Burlington, VT figures from 8 recent recorded sales, 10 active sale listings, 28 active lease listings, 593 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 28 active for-lease listings in South Burlington, 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.
- 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
