Is Burlington, NJ 08016 a buyer’s or seller’s market?

The Burlington housing market right now

In the three months ending August 31, 2026, 49% of homes in Burlington, NJ 08016 sold above their list price, the typical home went under contract in 42 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 92 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 52%, homes sold about as fast and the median sale price rose 10% to $395,094. Overall, Burlington is less competitive than a year ago, which gives buyers more room.

Within Burlington County, homes here sell more slowly than in 72% of the county’s ZIP codes, and sell more often over asking than in 72%. On our competition score, Burlington ranks #286 of 444 NJ ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Cookstown 08511 (0% sold over asking) or Chesterfield 08515 (22% sold over asking), while Bordentown 08505 (55% sold over asking) and Mount Laurel 08054 (54% sold over asking) are even more competitive.