Is Burlington, IA 52601 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 3.5 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.

Competition score33/ 100

More competitive than 30% of U.S. ZIP codes, and #122 of 156 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 supply3.5Under 4 months = seller’s market
Sold above original list16.9%Share of sales, last 3 months
Median sale-to-list96.2%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$101▲ +3.1% vs. last year

The Burlington housing market right now

In the three months ending August 31, 2026, 17% of homes in Burlington, IA 52601 sold above their list price, the typical home went under contract in 51 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 121 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (45 days then) and the median sale price fell 4% to $132,443. Overall, Burlington is less competitive than a year ago, which gives buyers more room.

Within Des Moines County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Burlington ranks #122 of 156 IA ZIP codes with enough sales (score 33 out of 100).

Nearby, buyers who want less competition could look at Yarmouth 52660 (0% sold over asking) or Sperry 52650 (0% sold over asking), while Mediapolis 52637 (40% sold over asking) and Danville 52623 (25% sold over asking) are even more competitive.

Nearby markets

Danville 52623Seller’s market $111 /sq ftMediapolis 52637Buyer’s market $169 /sq ftMiddletown 52638Seller’s market $141 /sq ftOakville 52646 — /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 3.5 months of supply in Burlington, IA 52601 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 51 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 96.2% of the list price.

What are property taxes in Burlington?

About 1.51% of a home’s value a year in Des Moines County, or roughly $6,040 on a $400,000 home.

What is the median home price in Burlington?

The median sale price was $132,443 in the three months ending August 31, 2026, about $101 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