Is Burlington, VT 05401 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Burlington is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score51/ 100

More competitive than 52% of U.S. ZIP codes, and #23 of 48 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.3Under 4 months = seller’s market
Sold above original list23%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$360▼ −4.7% vs. last year

The Burlington housing market right now

In the three months ending August 31, 2026, 23% of homes in Burlington, VT 05401 sold above their list price, the typical home went under contract in 25 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 76 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (40 days then) and the median sale price fell 8% to $509,779. Overall, Burlington is about as competitive as it was a year ago.

Within Chittenden County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 93%. On our competition score, Burlington ranks #23 of 48 VT ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at Huntington 05462 (0% sold over asking), while Underhill 05489 (75% sold over asking) and Burlington 05408 (45% sold over asking) are even more competitive.

Nearby markets

Burlington 05408Seller’s market $335 /sq ftCharlotte 05445Seller’s market $377 /sq ftColchester 05446Seller’s market $282 /sq ftEssex Junction 05452Seller’s market $265 /sq ft Browse all markets →

Where Burlington is

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Questions about Burlington real estate

Is Burlington a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Burlington, VT 05401 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Burlington?

The typical home went under contract in 25 days in the latest three months.

Do homes in Burlington sell over asking?

23% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Burlington?

About 1.51% of a home’s value a year in Chittenden County, or roughly $6,040 on a $400,000 home.

What is the median home price in Burlington?

The median sale price was $509,779 in the three months ending August 31, 2026, about $360 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology