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Property details·Peacham, Caledonia County, Vermont·(148) 07000000

$18KLast sale

Location & Identity

Address

Distribution Lines

Peacham, VT 05862

Caledonia County

Parcel ID

(148) 07000000

Coordinates

44.336500, -72.160300

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Building details

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Land & lot

Property type (local use code)
5000
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County context

Caledonia County 2026 Insights

Caledonia County, Vermont: Northeast Kingdom's Quiet Surge

There's a particular kind of Vermont story playing out in Caledonia County — one that doesn't make national headlines but tells you everything about where rural America is heading. This is the Northeast Kingdom, a region Vermonters have long celebrated for its stubborn independence and spectacular isolation, and right now its housing market is moving faster than almost anyone expected.

A 25.6% year-over-year price increase in a county with a median home value of $225,000 is a number worth sitting with. That's not a coastal market correction or a tech-boom ripple. That's a fundamentally affordable place becoming meaningfully less affordable, very quickly — driven in no small part by pandemic-era migration from Boston, Burlington, and beyond, as remote workers discovered they could trade a cramped apartment for a farmhouse on acreage and still make their Zoom calls.

Key Statistics

StatValueContext
Median Home Price$225,00030% below national median of $320,000
YoY Price Change+25.6%among the sharpest rural surges in New England
Rent Burden Rate45.0%well above the 30% stress threshold
Vacancy Rate19.9%high overall, but actively tightening

Affordable on Paper, Stressed in Practice

On the surface, Caledonia looks like a buyer's market. Homes are priced well below national norms, the vacancy rate sits near 20%, and you can still find a property below $62,000 at the 10th percentile. But dig into the renter experience and the picture shifts dramatically. With a median rent of just $904, renters here aren't paying Manhattan prices — but when nearly half of them are rent-burdened and one in four faces severe rent burden, it reveals the core tension: incomes simply haven't kept pace, even with modest rents. A $66,075 household income sounds reasonable until you realize it's sitting 12% below the national median in a county where the poverty rate is 12.6% and child poverty hits 15.7%.

The People Behind the Numbers

Caledonia County is older, more rooted, and more working-class than Vermont's Chittenden County corridor near Burlington. The median age of 45.6 and a 22.5% share of residents over 65 reflect decades of youth outmigration from the Kingdom — a long-running trend that remote work is only beginning to partially reverse. The 17.7% disability rate, well above national norms, reflects both the aging population and the physical demands of the industries that have anchored this county: logging, agriculture, light manufacturing, and trades.

The 14.7% limited-English figure is surprisingly high for rural Vermont and points to the refugee resettlement communities, particularly in St. Johnsbury, that have quietly become part of the county's social fabric over the past two decades.

The Remote Work Factor

With 13.4% of residents working from home — a figure that would have been remarkable here five years ago — and broadband access still leaving 12.4% of households offline, there's a real infrastructure story unfolding. Vermont has invested heavily in rural broadband, and Caledonia is a test case for whether connectivity can sustain the in-migration wave that's driving those price numbers.


FAQs

What makes Caledonia County unique? Caledonia is the economic and cultural heart of Vermont's Northeast Kingdom — a fiercely rural region defined by its working-class identity, forested landscapes, and resistance to the gentrification that transformed southern Vermont decades ago. St. Johnsbury, the county seat, punches above its weight culturally with institutions like the Fairbanks Museum. But what makes the county newly notable is the speed of its housing market transformation: a place long considered a backwater of affordability is now appreciating faster than most of New England.

Is Caledonia County a good place to buy a home right now? The entry prices remain attractive compared to national benchmarks, and the P90 ceiling of $466,500 suggests the top of the market hasn't gone stratospheric. But the 25.6% annual appreciation means waiting carries real cost. For buyers relocating with remote-work income, the value proposition remains strong. For local first-time buyers earning county-typical wages, the window is narrowing.

Why is the rent burden so high if rents are relatively low? This is the defining paradox of rural poverty. Rents in Caledonia are modest in absolute terms, but local wages are modest too — and a significant share of renters are fixed-income seniors, part-time workers, or households relying on public assistance. When nearly one in six households receives SNAP benefits, even a $904 median rent can represent an impossible share of monthly income.

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