Is Burlington, KY 41005 a buyer’s or seller’s market?
Burlington is a seller’s market. With about 1.5 months of supply and 23% 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 76% of U.S. ZIP codes, and #11 of 160 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, 23% of homes in Burlington, KY 41005 sold above their list price, the typical home went under contract in 10 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 99 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (22% then), homes sold more slowly (7 days then) and the median sale price rose 2% to $331,856. Overall, Burlington is about as competitive as it was a year ago.
Within Boone County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 83%. On our competition score, Burlington ranks #11 of 160 KY ZIP codes with enough sales (score 72 out of 100).
Nearby, buyers who want less competition could look at Petersburg 41080 (0% sold over asking) or Union 41091 (11% sold over asking), while Hebron 41048 (27% sold over asking) is even more competitive.
Run the numbers for 41005
Nearby markets
Florence 41042Seller’s market $178 /sq ftHebron 41048Seller’s market $184 /sq ftPetersburg 41080Buyer’s market $276 /sq ftUnion 41091Seller’s market $193 /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 1.5 months of supply in Burlington, KY 41005 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 10 days in the latest three months.
Do homes in Burlington sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Burlington?
About 0.86% of a home’s value a year in Boone County, or roughly $3,440 on a $400,000 home.
What is the median home price in Burlington?
The median sale price was $331,856 in the three months ending August 31, 2026, about $183 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