Is Burlington, VT 05408 a buyer’s or seller’s market?
Burlington is a seller’s market. With about 3.2 months of supply and 45% 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 86% of U.S. ZIP codes, and #1 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 Burlington housing market right now
In the three months ending August 31, 2026, 45% of homes in Burlington, VT 05408 sold above their list price, the typical home went under contract in 5 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 32 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 35%, homes sold faster (19 days then) and the median sale price rose 17% to $537,767. Overall, Burlington is more competitive than a year ago, so tougher for buyers.
Within Chittenden County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 93%. On our competition score, Burlington ranks #1 of 48 VT ZIP codes with enough sales (score 81 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) is even more competitive.
Run the numbers for 05408
Nearby markets
Burlington 05401Balanced $360 /sq ftCharlotte 05445Seller’s market $377 /sq ftColchester 05446Seller’s market $282 /sq ftEssex Junction 05452Seller’s market $265 /sq ft Browse all markets →Towns like Burlington nearby
Find towns like Burlington in other states →Where Burlington is
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Questions about Burlington real estate
Is Burlington a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Burlington, VT 05408 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 5 days in the latest three months.
Do homes in Burlington sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 101.0% 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 $537,767 in the three months ending August 31, 2026, about $335 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