North Troy, VT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the North Troy short-term rental market based on reliable data.

Listings

187 / 323

Reliable / Active

Cap Rate

18%

Middle-Earners Gross Yield

Revenue

$35,835

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$199,500

Median Home Sale Price

Top Earners

$72,347

Top-Earners Revenue

North Troy

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in North Troy.

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B

Generally Investor friendly

North Troy Regulations

Short-term rentals are explicitly allowed in Troy, VT (Rural, Village, and Commercial‑Residential districts) as conditional uses, but they require administrative review, Board of Adjustment approval, and a public hearing—creating moderate permitting cost/complexity. Taxes and registration are standard (rooms tax and a 3% surcharge, with a state lodging license only for 3+ rooms or food service), and there are no meaningful caps, making compliance manageable but not friction‑free.

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About North Troy

North Troy is a small village in the town of Troy, in Orleans County, Vermont, tucked into the remote and deeply forested Northeast Kingdom region. The village itself is home to only a few hundred residents, and the surrounding town has a population of roughly 1,700. The community has a working, outdoorsy character shaped by logging, dairy farming, and four-season recreation, and it serves as a quiet gateway to one of New England's snowiest ski resorts and to the Canadian border just a few miles to the north. Burlington, the nearest major US city, lies approximately 90 to 100 miles to the southwest.

Just a few miles west of the village, Jay Peak Resort rises above the surrounding forest and has earned a reputation as one of the snowiest ski areas in the eastern United States, with an average annual snowfall that rivals the deepest in New England. The resort has steadily expanded beyond winter, adding an indoor water park, ice arena, mountain biking, and a championship golf course, making it a true four-season destination. The drive from North Troy to the base area takes roughly 15 minutes along a quiet country road, and the unincorporated corridor between the two communities remains largely undeveloped forest and farmland.

North Troy sits only a short distance from the US-Canada border, and the small, friendly crossing offers an unusually easy opportunity for visitors to step into Quebec. From the village, travelers can be across the border and into the Eastern Townships within minutes, opening up day-trip options that include the lakeside town of Magog, French-Canadian cuisine, and a different cultural landscape altogether.

About 30 minutes east of North Troy, the city of Newport sits on the southern shore of Lake Memphremagog, a long glacial lake that extends north into Quebec. The lake is a popular destination for boating, fishing, and swimming in summer, while the Newport waterfront offers a small museum, restaurants, and seasonal lake cruises that showcase the surrounding Green Mountains and the distant Canadian shoreline.

North Troy's appeal as a short-term rental base comes from its quiet, affordable setting paired with surprisingly convenient access to a major ski resort, an international border crossing, and a scenic lake destination. Visitors looking for a low-key, rural Vermont experience with year-round activities within a short drive will find the village an unusually well-positioned home base, and the four-season draw of Jay Peak helps support steady occupancy across both winter and summer months.

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