Burlington Homes for Sale – 145 Listings at $579K Median

The Burlington housing market currently offers 145 active listings with a median asking price of $579,900, positioning Chittenden County’s largest city as a distinct market within northern New England.

Current data reveals significant variation in sale prices and market velocity depending on the tracking source, with actual closed sales showing different figures than initial listing prices. This analysis focuses specifically on Burlington, Vermont, distinguishing it from other markets in North Carolina and Massachusetts.

Recent reports indicate inventory levels have increased substantially year-over-year, while days on market extend longer than previous periods, suggesting a shift toward buyer-friendly conditions despite elevated price points.

Current Homes for Sale in Burlington

Active inventory has expanded significantly, with 145 homes currently available across the metro area according to MLS aggregators. The typical property spends approximately 68 days listed before entering contract, though alternative tracking services report extended timelines averaging 103 days.

Key Market Indicators

• Inventory Expansion: Active listings increased 41.18% year-over-year, creating more options for prospective buyers.
• Price Retention: Properties achieve 99% of asking price on average, indicating continued seller leverage despite cooling velocity.
• Transaction Volume: Only 15 sales closed in February 2026, down from 18 the previous year.
• Square Footage Costs: Prices range from $325 to $356 per square foot depending on the data provider.
• Market Velocity: Average selling periods extended from 31 days (county-wide mid-2024) to current 68-103 day ranges.
• New Supply: Fresh listings remain constrained at approximately 12 monthly entries.

Comparative Data Sources

Burlington Home Prices and Market Stats

Pricing data presents conflicting signals across major platforms. While Realtor.com shows median listing prices rising to $579,900 with 6.97% annual growth, Redfin’s February 2026 sales data indicates an 18.2% decline in actual transaction prices year-over-year.

Listing Price vs. Sale Price Divergence

The gap between asking prices and final sale prices has widened considerably. Zillow’s typical value estimate of $495,142 falls between Realtor.com’s listing figure and Redfin’s closed sale median of $425,000, suggesting sellers initially overprice properties that eventually transact at lower levels.

Price Per Square Foot Analysis

Valuation metrics vary by $31 per square foot between tracking services, with Realtor.com reporting $356 and Redfin citing $325. This 9.5% variance reflects differences in property mix and calculation methodologies rather than actual depreciation.

Best Neighborhoods in Burlington for Home Buyers

Specific neighborhood-level data for Burlington remains limited in current 2024-2026 reports. Any available statistics apply broadly to Chittenden County rather than distinct city districts.

Chittenden County Market Scope

The broader Chittenden County encompasses Burlington and surrounding municipalities, recording 658 closed sales during mid-2024 across condominiums and single-family homes. County-wide activity often serves as the most reliable proxy for neighborhood-level demand patterns.

School District Considerations

Comprehensive data linking specific school districts to current home listings remains unavailable in recent market reports. Prospective buyers seeking school-specific boundaries should verify catchment maps directly through the Burlington School District or Chittenden County educational authorities rather than relying solely on listing platforms.

Is Now a Good Time to Buy in Burlington?

Market timing indicators suggest a transitional period favoring prepared buyers, though pricing volatility requires careful navigation.

Market Velocity Indicators

Extended marketing periods—now averaging 68 to 103 days compared to 31 days in mid-2024—indicate reduced bidding competition and increased inventory absorption time. This shift creates negotiation opportunities absent during the 2024 peak velocity period.

Statewide Recovery Patterns

Vermont statewide sales have shown recent improvement with 1,005 transactions year-to-date, representing 9% growth over 2024 figures. However, regional forecasts project modest 0.8% growth through 2025, suggesting flat appreciation rather than decline.

How Has the Burlington Housing Market Changed?

1. Mid-2024 Peak: Chittenden County median reached $575,000 for single-family homes, representing 4.9% year-over-year growth according to mid-year county reports.
2. September 2024 Correction: Statewide sales dipped 9%, signaling initial market cooling.
3. Late 2024 Inventory Build: Active listings began accelerating, culminating in 41% year-over-year inventory growth.
4. February 2026 Price Adjustment: Redfin recorded median sale prices dropping to $425,000, an 18.2% decline from the previous February.
5. Days on Market Extension: Average selling periods extended from 73 days to 103 days year-over-year per Redfin metrics.
6. Current Stabilization: Inventory reached 145 active listings with 99% sale-to-list ratios maintaining seller leverage despite slower velocity.

Certain Facts vs. Market Uncertainties

Regional Economic Context

Vermont’s housing market operates within a broader northern New England economic zone influenced by healthcare, education, and technology sectors. Regional land acquisition trends in nearby Canadian provinces, detailed in Land for Sale Ontario – Prices, Listings and Best Areas, occasionally influence cross-border investment interest, though Burlington remains firmly anchored in U.S. market dynamics independent of agricultural land development patterns.

The city’s economic stability derives from the University of Vermont Medical Center and the University of Vermont itself, providing employment insulation distinct from tourism-dependent markets. This institutional foundation supports the 99% sale-to-list price ratio despite extended marketing periods.

Data Sources and Methodology

Market statistics derive from multiple listing service aggregators and regional real estate reports. Hickok & Boardman’s Vermont Market Report provides county-level transactional data, while national platforms offer contrasting perspectives on current valuations.

“Chittenden County saw 404 single-family home sales during the first half of 2024, representing stable activity down only 0.3% year-over-year amid statewide inventory constraints.”

— Hickok & Boardman Mid-Year 2024 Report

Summary for Prospective Buyers

Burlington’s market presents a mixed environment: elevated inventory and extended marketing periods favor buyers, while high sale-to-list ratios indicate continued seller pricing power. Prospective purchasers should verify pricing across multiple platforms given the $154,900 disparity between median list and recent sale prices, and consider exploring What to Do in Quebec City – Top Attractions & Itineraries for regional context on cultural amenities within driving distance.

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