Much like other places in this area, it is similar compared to the entire nation. However it is somewhat less expensive compared to the city of Burlington.
Home prices
The median home in Vergennes costs $216,000. It is approximately $7,460 (3%) higher in comparison to other places in this area.It is is very similar compared to the country as a whole, and compared to the city of Burlington it is about $68,500 (24%) lower.
Rents
The median rent in Vergennes is $977 a month. In comparison to its surrounding areas this is approximately $59 (6%) higher.It is roughly $85 (8%) lower compared to the entire country, and in comparison to the city of Burlington is roughly $236 (19%) lower.
Nearby places
Bristol
Bristol is roughly 7 miles east from Vergennes. The real estate prices there are a bit more expensive. Bristol's median home price is $241,000, which comes out to $25,000 (10%) higher than Vergennes. Its rents are a bit more expensive. The median monthly rent in Bristol is $1,065, which comes out to $88 (8%) higher than Vergennes.
Westport
Westport is roughly 7 miles west of Vergennes. Housing prices there are substantially less expensive. The value of the median home in Westport is $135,700, which is $80,300 (59%) lower than Vergennes. Its rents are a bit less expensive. Westport's median rent is $744 a month, which comes out to $233 (31%) lower than Vergennes.
Middlebury
Middlebury is about 10 miles south from Vergennes. The real estate prices there are a bit more expensive. The median home cost in Middlebury is $271,600, which comes out to $55,600 (20%) higher than Vergennes. Rents there are pretty similar. In Middlebury the median monthly rent is $1,008, which is $31 (3%) higher than Vergennes.
Port Henry
Port Henry is approximately 11 miles southwest of Vergennes. The real estate prices there are a lot less expensive. Port Henry's median home value is $97,800, which is $118,200 (120%) lower than Vergennes. The rent there is significantly less expensive. The median monthly rent in Port Henry is $631, which works out to $346 (54%) lower than Vergennes.
Hinesburg
Hinesburg is roughly 12 miles northeast from Vergennes. The real estate prices there are a little more expensive. The median home in Hinesburg costs $296,600, which is $80,600 (27%) higher than Vergennes. The rent there is somewhat more expensive. Hinesburg's median monthly rent is $1,141, which is $164 (14%) higher than Vergennes.