South Burlington, VT Home Values & Market Trends

Real estate market trends reflect that there have been 234 transactions over the past year in South Burlington. The median value for residential home transactions that occurred over the previous year is $535,044.76. The number of current listings in South Burlington is 8, and the percentage of properties for sale in the city is 8.00%. South Burlington, VT currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 8 properties for sale.

South Burlington, VT Real Estate Market Overview

ZipMedian Est. Value
05403

$ 387,624

$ 225/sqft

Housing Market Summary for South Burlington, VT

Mar 2023February 2024Change
Median Listing Price$515K$546.1K6.04%
Median Sold Price$510K$546.1K7.08%
Homes For Sale94-55.56%
Homes Sold13284-36.36%
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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 South Burlington, VT

South Burlington home values range from $103,419 to $10,249,280. The median estimated value of a home in South Burlington is $535,044.76. The median list price of a home is 389,500, and the total count of properties in the city is 5,940.

Foreclosure
There is 1 zips within South Burlington, VT; within this zips, the median estimated home value for homes in foreclosure ranges from $439,385 in 05403 to the lowest value of $439,385 in 05403. Foreclosure homes account for 0.00% of properties in South Burlington, VT with 05403 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 South Burlington, VT with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within South Burlington, VT; of that 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 South 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 South Burlington, VT. There is 1 zips within South Burlington, VT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    05403 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of South Burlington, VT. Auction homes and other auction properties account for 0.02% of all properties in South Burlington, VT. There is 1 zips within South Burlington, VT; of that zips, the median estimated home value for homes going to auction ranges from $439,385 in 05403 to the lowest value of $439,385 in 05403.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in South Burlington, VT with 05403 containing 8 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within South Burlington, VT; homes for sale in that zips, have a range of median values from $461,712 in 05403 to the lowest value of $376,449 in 05403.
    Sold Homes
    The median value for recently sold homes ranges from $1,345,810 in 05403 to the lowest price of $64,635 in 05403. There is 1 zips within South Burlington, VT. 05403 has 114 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.89% of properties in South Burlington, VT.

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      Guide for South Burlington, VT

      gavel for real estate auction
      Home Buying Guides & Tips
      Vermont Foreclosure Laws
      Market Reports
      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      See More Articles
      gavel for real estate auction
      Vermont Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Vermont Foreclosure Laws

      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Market Reports|posted 22 March 2024

      A comparative analysis of nearby cities shows diverse market dynamics in the Wichita real estate market in the first three months of 2024.

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Recently Listed Homes South Burlington, VT

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