Burlington, VT Home Values & Market Trends

Real estate market trends reflect that there have been 323 transactions over the past year in Burlington. The median value for residential home transactions that occurred over the previous year is $512,300.25. The number of current listings in Burlington is 22, and the percentage of properties for sale in the city is 22.00%. Burlington, VT currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 22 properties for sale.

Burlington, VT Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
05401

$ 502,641

$ 370/sqft

05405

$ --

$ --

05408

$ 506,152

$ 311/sqft

Housing Market Summary for Burlington, VT

Apr 2023March 2024Change
Median Listing Price$575.5K$501.4K-12.88%
Median Sold Price$486.1K$501.4K3.14%
Homes For Sale1815-16.67%
Homes Sold266203-23.68%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Burlington, VT

Burlington home values range from $105,563 to $6,842,424. The median estimated value of a home in Burlington is $512,300.25. The median list price of a home is 507,000, and the total count of properties in the city is 8,844.

Foreclosure
There are 3 zips within Burlington, VT; within these zips, the median estimated home value for homes in foreclosure ranges from $461,600 in 05401 to the lowest value of $461,600 in 05401. Foreclosure homes account for 0.00% of properties in Burlington, VT with 05401 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Burlington, VT with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Burlington, VT; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Burlington, VT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Burlington, VT. There are 3 zips within Burlington, VT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    05401 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Burlington, VT. Auction homes and other auction properties account for 0.01% of all properties in Burlington, VT. There are 3 zips within Burlington, VT; of those zips, the median estimated home value for homes going to auction ranges from $461,600 in 05401 to the lowest value of $461,600 in 05401.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.25% of residential properties in Burlington, VT with 05401 containing 17 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Burlington, VT; homes for sale in those zips, have a range of median values from $1,192,241 in 05408 to the lowest value of $268,891 in 05401.
    Sold Homes
    The median value for recently sold homes ranges from $1,558,963 in 05408 to the lowest price of $127,504 in 05408. There are 3 zips within Burlington, VT. 05401 has 123 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.28% of properties in Burlington, VT.

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      Guide for Burlington, VT

      Market Reports
      Burlington Real Estate Values to $499K in March 2024
      gavel for real estate auction
      Home Buying Guides & Tips
      Vermont Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Burlington Real Estate Values to $499K in March 2024
      Market Reports|posted 17 April 2024

      An analysis of real estate trends in Burlington, Vermont and nearby cities, looking at patterns in property values, sale prices, and market dynamics.

      gavel for real estate auction
      Vermont Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Vermont Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes Burlington, VT

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