Mortgage payment estimates, closing cost breakdowns, and homebuying data for Morrisville, Vermont.
Pre-filled with Morrisville median home price and Vermont tax/insurance rates. Adjust for your property.
Estimated closing costs based on Vermont rates and fees applied to Morrisville prices.
The median home price in Morrisville is $295,000, 22% below the Vermont state median of $380,000. With a population of 5,227, Morrisville is a smaller market where home prices tend to be more accessible than in many parts of Vermont.
Property taxes in Vermont average 1.9% annually. This higher-than-average tax rate means a $295,000 home in Morrisville would carry roughly $467/month in property taxes alone — plan accordingly. Homeowners insurance in Vermont runs approximately $1,100 per year. This is within the normal range nationally.
Average rent in Morrisville is $1,220/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Morrisville presents moderate affordability. The $295K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.