Market Overview
Home Prices in Fairlee, VT
The median home value in Fairlee, VT is $404,127 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.5% compared to a year ago and down 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fairlee are priced1% below average. Fairlee is part of the Lebanon, NH-VT metro area.
Over the past five years, Fairlee home values have risen by approximately11.9%, reflecting steady appreciation in this market.
Price History
Fairlee Home Price Trend
City Comparison
Fairlee vs. National Median
At $404,127, homes in Fairlee cost 1% below the national median of $410,000. This makes Fairlee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fairlee?
20% Down Payment
$80,825
on $404,127
Monthly P&I
$2,108/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,677/mo
incl. taxes & insurance
Income Needed
$107,080
gross annual (30% rule)
10% Down Option
$40,413
+ PMI applies
Loan Amount (20% dn)
$323,302
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fairlee, VT?
The median home value in Fairlee is $404,127 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.5% year-over-year.
How much have home prices changed in Fairlee?
Over the past year, home values in Fairlee have decreased by 3.5%. Over five years, prices have risen approximately 11.9%.
How much do I need to earn to buy a home in Fairlee?
To comfortably afford the median home price of $404,127 with a 20% down payment ($80,825) at today's rates (6.8%), you'd need a gross annual income of approximately $107,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Fairlee compare to the national average home price?
The national median home value is approximately $410,000. At $404,127, homes in Fairlee are 1% below the national average.
What metro area is Fairlee part of?
Fairlee is part of the Lebanon, NH-VT metropolitan area. Home prices and market conditions can vary across the broader metro region.