Is Burlington, NC 27215 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Burlington is a seller’s market. With about 3.4 months of supply and 14% 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.

Competition score44/ 100

More competitive than 44% of U.S. ZIP codes, and #95 of 424 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 supply3.4Under 4 months = seller’s market
Sold above original list13.9%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$177▲ +2.2% vs. last year

The Burlington housing market right now

In the three months ending August 31, 2026, 14% of homes in Burlington, NC 27215 sold above their list price, the typical home went under contract in 41 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 141 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold more slowly (33 days then) and the median sale price rose 3% to $319,852. Overall, Burlington is about as competitive as it was a year ago.

Within Alamance County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Burlington ranks #95 of 424 NC ZIP codes with enough sales (score 44 out of 100).

Nearby, buyers who want less competition could look at Altamahaw 27202 (0% sold over asking) or Elon 27244 (7% sold over asking), while Haw River 27258 (23% sold over asking) and Snow Camp 27349 (23% sold over asking) are even more competitive.

Nearby markets

Alamance 27201 — /sq ftAltamahaw 27202 $34 /sq ftBurlington 27217Seller’s market $182 /sq ftElon 27244Balanced $174 /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 seller’s market: there were 3.4 months of supply in Burlington, NC 27215 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 41 days in the latest three months.

Do homes in Burlington sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.

What are property taxes in Burlington?

About 0.62% of a home’s value a year in Alamance County, or roughly $2,480 on a $400,000 home.

What is the median home price in Burlington?

The median sale price was $319,852 in the three months ending August 31, 2026, about $177 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