The story of this market
The typical home in Elmore, Vermont sells for about $315,800, or $144 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
Monthly price momentum
Home values since 2015
+2.6%
VT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Elmore, Vermont
Elmore's housing market is characterized by low inventory and steady, modest price appreciation driven by its appeal as a rural, nature-focused destination. The market is stable, with limited sales volume reflecting the town's small size and low turnover. Future demand remains tied to the town's recreational assets and its ability to maintain infrastructure against climate-related risks.
No ARED county foreclosure postings attributed to Elmore yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 3.3% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major regional attraction featuring a sandy beach, picnic areas, and extensive hiking trails leading to the summit of Mt. Elmore.
Known as the 'Beauty Spot of Vermont,' this lake provides essential recreational opportunities including swimming, fishing, and non-motorized boating.
Elmore is best suited for nature-oriented families, remote workers seeking a quiet rural lifestyle, and outdoor enthusiasts. It is less appropriate for those requiring proximity to major employment hubs or high-density urban amenities.
Public education is provided through the local school system, which is characterized by small class sizes and high community engagement. The schools are generally well-regarded for their supportive environment, though limited in extracurricular variety compared to larger districts.
Transportation is heavily reliant on private vehicles, with Vermont Route 12 serving as the primary corridor. Public transit options are virtually non-existent, necessitating a car-dependent lifestyle for all residents.
Elmore is a premier destination for outdoor enthusiasts, anchored by Elmore State Park and the scenic Lake Elmore. Residents enjoy extensive access to hiking trails, including the ascent of Mt. Elmore, as well as swimming, boating, and winter sports.
The rental market is extremely limited, characterized by low inventory and high demand for seasonal or long-term housing. Vacancy pressure is high due to the small housing stock, with a notable presence of short-term rentals catering to visitors of the state park.
The local economy is primarily driven by tourism, small-scale local services, and a growing population of remote workers. There are no major corporate anchors, with the town relying on its natural assets to sustain local commerce.
Economic momentum is modest, driven by local tourism, small-scale agriculture, and remote work. Infrastructure development is focused on maintenance and climate-resilient upgrades rather than large-scale commercial expansion.
Development is strictly managed through local zoning to preserve the town's rural character. Current planning efforts are focused on infrastructure maintenance and climate-resilient public works projects.
Parcels are subject to standard municipal and school district levies, with no complex MUD or PID structures present. The town operates under a traditional New England town meeting form of government.
Elmore maintains a very low crime rate consistent with rural Lamoille County, with incidents primarily limited to minor property-related issues. Regional comparisons indicate it is significantly safer than the state average, reflecting its small, tight-knit community character.
The town faces seasonal risks from heavy rain and potential flooding, particularly near Lake Elmore and low-lying areas. The municipality actively manages these risks through dedicated highway and emergency reserve funds to ensure infrastructure resilience.
Property insurance premiums are influenced by the town's rural location and exposure to seasonal weather events. Market health is stable, though coverage for flood-prone areas near the lake requires specific attention.
Property taxes in Elmore are determined by a blend of local municipal rates and the statewide education property tax under Vermont's Act 60/68. The town maintains a conservative fiscal policy, often running budget surpluses, with property taxes serving as the primary revenue source.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Bureau and World Population Review 2026 estimates.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.