Is Burlington, NC 27217 a buyer’s or seller’s market?
Burlington is a seller’s market. With about 2.7 months of supply and 17% 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 46% of U.S. ZIP codes, and #85 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
The Burlington housing market right now
In the three months ending August 31, 2026, 17% of homes in Burlington, NC 27217 sold above their list price, the typical home went under contract in 31 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 112 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold about as fast and the median sale price rose 2% to $269,383. Overall, Burlington is about as competitive as it was a year ago.
Within Alamance County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 71%. On our competition score, Burlington ranks #85 of 424 NC ZIP codes with enough sales (score 46 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.
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Nearby markets
Alamance 27201 — /sq ftAltamahaw 27202 $34 /sq ftBurlington 27215Seller’s market $177 /sq ftElon 27244Balanced $174 /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 2.7 months of supply in Burlington, NC 27217 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 31 days in the latest three months.
Do homes in Burlington sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 97.5% 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 $269,383 in the three months ending August 31, 2026, about $182 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