Mortgage payment estimates, closing cost breakdowns, and homebuying data for Vergennes, Vermont.
Median Home Price
$325K
Population
3K
Avg Monthly Rent
$1,350
Property Tax Rate
1.9% *
* Property tax shown is the Vermont state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Vergennes.
Vergennes vs Vermont Median
The median home price in Vergennes is $325,000, which is 14% below the Vermont state median of $380,000.
Mortgage Calculator — Vergennes, VT
Pre-filled with Vergennes median home price and Vermont tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $325K home using Vermont's 1.9% tax rate and $1,100/yr insurance.
5% Down
$2,738/mo
Down: $16,250
Loan: $309K
P&I: $1,952
Tax: $515
Insurance: $92
PMI: $180
10% Down
$2,626/mo
Down: $32,500
Loan: $293K
P&I: $1,849
Tax: $515
Insurance: $92
PMI: $171
20% Down (No PMI)
$2,250/mo
Down: $65,000
Loan: $260K
P&I: $1,643
Tax: $515
Insurance: $92
Income needed (28% rule): $96K/year with 20% down, $113K/year with 10% down.
Rent vs Buy in Vergennes
Rent
$1,350/mo
vs
Buy (10% down)
$2,626/mo
Price-to-rent ratio: 20.1 — At a ratio above 20, renting may be more economical in Vergennes for shorter stays. Buying costs $1,276 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Vergennes is $325,000, 14% below the Vermont state median of $380,000. With a population of 2,553, Vergennes 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 $325,000 home in Vergennes would carry roughly $515/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 Vergennes is $1,350/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.
Vergennes presents moderate affordability. The $325K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Vergennes.