$795,000
- Land
- 1.20 Acres
- $662,500 per Acre
748 Lake Morey Rd, Fairlee, VT 05045
748 Lake Morey Rd, Fairlee, VT 05045
Frequently Asked Questions Why Live in Fairlee
Is Fairlee a good place to live?
Fairlee is a good place to live. Fairlee is considered very car-dependent. Fairlee is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. It has a median age of 48. The average household income is $73,009 which is below the national average. College graduates make up 40.1% of residents. A majority of residents in Fairlee are home owners, with 29.7% of residents renting and 70.3% of residents owning their home. A local real estate agent serving Fairlee can help you decide if this neighborhood is the right one for you. Learn more on our Fairlee neighborhood guide.
Is Fairlee, VT a safe neighborhood?
Fairlee, VT is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Fairlee?
The median home price in Fairlee is $477,000. If you put a 20% down payment of $95,400 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $104K a year to afford the median home price in Fairlee. The average household income in Fairlee is $73K.
What are the best public schools in Fairlee?
The best public schools that serve Fairlee are:
- Rivendell Academy has a C Niche grade, a student teacher ratio of 11:1 and an average review score of 3.7.
- Samuel Morey Elementary School has a C Niche grade and a student teacher ratio of 12:1.
What are the most popular zip codes in Fairlee, Fairlee, VT?
Are home prices dropping in Fairlee?
Yes, home prices in Fairlee are down 14% in the last 12 months.
