Commercial Real Estate Market in South Hero, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 47 off-market properties in South Hero, VT.
Market Trends
South Hero, VT spans 14.5 square miles in Grand Isle County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in South Hero, 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 Hero, 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 Hero, 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 vacancy in South Hero, VT runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
South Hero, VT has 1,608 residents in 1,023 households. Density runs 111 people per square mile. Median household income here is $133,750 and median gross rent $1,717 a month.
1,608
Population
1,023
Households
1.6
Avg Household Size
53
Median Age
58%
College-Educated
99%
High-School Grad
14.5 sq mi
ZIP Area
111
Density / Sq Mi
$133,750
Median Household Income
$57,132
Median Earnings
$1,717
Median Rent
$508,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Grand Isle | — | — |
| Plattsburgh | — | — |
| Point Farm | — | — |
| Milton | — | — |
Commercial property in South Hero, VT asks $40/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in South Hero?
Commercial property in South Hero, VT asks an average of $40 per square foot.
Where does Realmo's South Hero market data come from?
Realmo compiles South Hero, VT figures from 2 recent recorded sales, 9 active sale listings, 47 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 9 active for-sale and 0 active for-lease listings in South Hero, 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
