Small Town, Big Heart: Why Buyers Are Flocking to Vermont Communities Like Richmond, Jericho & Fairfax
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Explore why homebuyers are gravitating toward Vermont’s charming towns, such as Richmond, Jericho, and Fairfax—and how key stats (average price rising, days on market shrinking) illustrate strong value and demand. Discover your next home with Prime Real Estate Co.
When buyers search for homes in Vermont, they’re looking for more than floor plans, they’re seeking character, community, and promising value. That’s why towns like Richmond, Jericho and Fairfax are gaining traction: the lifestyle appeal is strong and the data backs up the case.
🌿 Richmond: Rivers, Views, and Valued Real Estate
Richmond, Vermont offers the ideal mix of accessibility to Burlington, scenic surroundings, and vibrant local amenities. Here are the current numbers:
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The average home value in Richmond is approximately $592,229, representing about +2.1% growth over the past year. (Zillow)
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According to Realtor.com data for September 2025: median listing price was about $599K, trending up nearly +19.8% year‐over‐year. (Realtor)
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For ZIP code 05477 (Richmond area), the median listing home price in July 2025 was $654.5K, up 24.9% year-over-year. (Realtor)
Buyer tips:
Because prices are rising and homes in Richmond are being valued higher, homes with standout features (river/valley views, updated kitchens, energy-efficient upgrades) sell especially well. For sellers: highlighting location, light, and outdoor space will help capture the premium buyers are willing to pay here.
🏔️ Jericho: Scenic Living With Investment Potential
Jericho, Vermont is increasingly seen as a prime location for buyers seeking scenic country living, yet close to amenities. Key stats:
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The average home value in Jericho is around $560,467, up about +1.2% over the past year. (Zillow)
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As of September 2025, the median listing home price was about $615K, down -10.2% year-over-year, and median price per square foot around $260. (Realtor)
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In June 2025, the median sold price in Jericho hit roughly $665,000, a spike of +42.4% from last month (though this may reflect fluctuations due to small sample size). (Rocket Mortgage)
Why this matters:
Jericho’s price trends show that buyers are willing to pay for the lifestyle and location—wooded lots, proximity to hiking/skiing, and top schools. For sellers, this is a “luxury plus lifestyle” market where staging and presentation matter.
🪵 Fairfax: Growth at an Attractive Value
Fairfax, Vermont is building momentum—especially for families seeking space, value and a close‐knit community. Current data:
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The average home value in Fairfax is approx. $472,532, up about +3.0% year-over-year. (Zillow)
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The median listing home price in June 2025 was around $559K, a strong jump of +24.2% year-over-year. (Realtor)
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Another source: median list price in May 2025 was ~ $529,000, compared to ~$469,900 in 2024 — approx. +12.6% growth. (Movoto Real Estate)
Key takeaway:
Fairfax combines relative affordability (compared to nearby premium towns) with attractive growth. For buyers who want more space and a robust community feel—while staying near employment hubs—Fairfax stands out.
❤️ The Prime Takeaway
Small towns near Burlington are showing compelling real-estate trends: rising values, strong demand, and lifestyle appeal. Buyers increasingly look beyond the city to places like Richmond, Jericho and Fairfax for:
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Value & growth potential: Median home values in Richmond and Fairfax have shown clear upward movement.
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Lifestyle benefits: Outdoor recreation, community feel, and proximity to amenities.
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Investment appeal: Homes here offer a balance of quality-of-life and asset appreciation.
At Prime Real Estate Co., we believe finding the right home is about more than location—it’s about lifestyle, long-term value, and belonging.
