Commercial Real Estate Market in Springfield, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 220 off-market properties in Springfield, VT.
Market Trends
Springfield, VT spans 61.1 square miles in Windsor County, Vermont. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Springfield, 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 Springfield, 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 Springfield, 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 Springfield, 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 56.5%
- Agricultural 39%
- Commercial 2.4%
- Industrial 2%
- Civic 0.2%
Largest Zones share of zoned land by district
Land Reserve 25 Acre
Residential Agriculture 5 Acre
Residential Agriculture 2 Acre
Land Reserve 10 Acre
Medium Density Residential
Land Reserve 25 Acre (LR-25)
To conserve open space for land reserve and associated uses. These areas are generally not serviced by community facilities such as roads, utilities and water and sewer. In keeping with the community's desire to retain the town's farm and forested landscape, these areas are slated for very low-density development
Market overview
Demographics & Economy
Springfield, VT has 8,911 residents in 4,280 households. Density runs 146 people per square mile. Median household income here is $64,292 and median gross rent $1,013 a month.
8,911
Population
4,280
Households
2.1
Avg Household Size
47
Median Age
25%
College-Educated
89%
High-School Grad
61.1 sq mi
ZIP Area
146
Density / Sq Mi
$64,292
Median Household Income
$41,324
Median Earnings
$1,013
Median Rent
$182,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Perkinsville | — | — |
| Charlestown | — | — |
| Weathersfield | — | — |
| Baltimore | — | — |
Commercial property in Springfield, VT asks $125/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Springfield?
Commercial property in Springfield, VT asks an average of $125 per square foot. The 4 most recent recorded sales traded at a median of $37/SF, so asking sits 236% above the achieved median. Multifamily carries the highest asking price at $172/SF.
Where does Realmo's Springfield market data come from?
Realmo compiles Springfield, VT figures from 7 recent recorded sales, 10 active sale listings, 2 active lease listings, 220 tracked off-market properties, the current Springfield zoning release. 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 2 active for-lease listings in Springfield, 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: 30,055 zoned acres across 13 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
