Is South Burlington, VT 05403 a buyer’s or seller’s market?
South Burlington is a seller’s market. With about 2.8 months of supply and 35% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 77% of U.S. ZIP codes, and #5 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
The South Burlington housing market right now
In the three months ending August 31, 2026, 35% of homes in South Burlington, VT 05403 sold above their list price, the typical home went under contract in 21 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 107 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold more slowly (19 days then) and the median sale price fell 2% to $547,013. Overall, South Burlington is less competitive than a year ago, which gives buyers more room.
Within Chittenden County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, South Burlington ranks #5 of 48 VT ZIP codes with enough sales (score 73 out of 100).
Nearby, buyers who want less competition could look at Huntington 05462 (0% sold over asking) or Burlington 05401 (23% sold over asking), while Underhill 05489 (75% sold over asking) and Burlington 05408 (45% sold over asking) are even more competitive.
Run the numbers for 05403
Nearby markets
Burlington 05401Balanced $360 /sq ftBurlington 05408Seller’s market $335 /sq ftCharlotte 05445Seller’s market $377 /sq ftColchester 05446Seller’s market $282 /sq ft Browse all markets →Towns like South Burlington nearby
Find towns like South Burlington in other states →Where South Burlington is
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Questions about South Burlington real estate
Is South Burlington a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in South Burlington, VT 05403 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 South Burlington?
The typical home went under contract in 21 days in the latest three months.
Do homes in South Burlington sell over asking?
35% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.
What are property taxes in South 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 South Burlington?
The median sale price was $547,013 in the three months ending August 31, 2026, about $281 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