Why Live in Peacham
Peacham, VT, is a small rural town with a population of just over 700 residents, known for its picturesque New England village charm. The town covers nearly 48 square miles, featuring historic downtown areas, preserved forests, and scenic views of rolling hills, lakes, and mountains. Peacham offers a close-knit community atmosphere, attracting creative and intellectual individuals seeking inspiration and solitude. Outdoor activities abound with hiking, cross-country skiing, and fishing opportunities in the Peacham Town Forest and nearby Groton State Forest. Housing styles vary from simple ranch-style homes to traditional colonials and log cabins, many with acreage and outbuildings. Historic downtown homes often feature original wood flooring and built-ins. Peacham experiences muddy springtimes and mild flooding risks, with community efforts to rebuild after heavy rains. The town hosts several annual festivals, including Fourth of July celebrations, a Fall Foliage Festival, and a Winter Carnival. Peacham’s small downtown includes Peacham Café, a library, an observatory, and a museum. For groceries and essentials, residents travel to nearby Danville or St. Johnsbury. School choice is available for middle and high school students, with highly rated St. Johnsbury Academy as a popular option. Peacham’s rural roads connect to major highways, with the nearest hospital located 17 miles away in St. Johnsbury.
Frequently Asked Questions
What is the average home price in Peacham, VT?
Homes for sale in Peacham, VT have an average home price of $540,727.
Are home prices dropping in Peacham?
Yes, home prices in Peacham are down 14% in the last 12 months.
How many homes have sold over the last 12 months in Peacham, VT?
9 homes have sold in Peacham, VT over the last 12 months.
What are the most popular zip codes in Peacham, VT?
How much do you need to make to afford a house in Peacham?
The median home price in Peacham is $525,000. If you put a 20% down payment of $105,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,720 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $117K a year to afford the median home price in Peacham.
How are the schools in Peacham, VT?
Home Trends in Peacham, VT
On average, homes in Peacham, VT sell after 70 days on the market compared to the national average of 50 days. The median sale price for homes in Peacham, VT over the last 12 months is $650,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$650,000
Median Single Family Sale Price
$444,000
Average Price Per Sq Ft
$288
Number of Homes for Sale
2
Last 12 months Home Sales
9
Median List Price
$525,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-4%