Burlington, MA—01803
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Burlington, MA
As of Oct '25, the median home price in Burlington, MA is $853,000, with a year-over-year change of 0.7%. This indicates that home prices in Burlington, MA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $853,000 | 0.7% |
| Single Family | $861,000 | 0.3% |
| Condos | $699,000 | 4.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $336,000 | 4.0% |
2 Bed | $724,000 | 3.0% |
3 Bed | $798,000 | 0.8% |
4 Bed | $968,000 | 0.0% |
| 5 Bed | $1,054,000 | -0.1% |
% of Housing Stock
Rental Trends — Burlington, MA
As of July '25, Rentcast reports the average rent in Burlington, MA is $3,250, with a year-over-year rent change of -3.0%. Per bedroom, the median rent as of July '25 in Burlington, MA is studios: $2,530, 1-bedrooms: $2,850, 2-bedrooms: $3,440, 3-bedrooms: $3,810, 4-bedrooms: $4,300. The most common rental property sizes in Burlington, MA are 2-bedroom and 1-bedroom, accounting for 47.5% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,260 | $3,250 |
| Studio Rent | $2,640 | $2,530 |
| 1 Bed Rent | $2,820 | $2,850 |
| 2 Bed Rent | $3,370 | $3,440 |
| 3 Bed Rent | $3,780 | $3,810 |
| 4 Bed Rent | $4,290 | $4,300 |
% of Rental Stock
Property Listings — Burlington, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Burlington, MA is 26. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $899,000 | -20.0% |
Listing Count | 30 | -7.0% |
| Listings as % of Homes | 0.2% | -7.0% |
Days on Market | 26 | -8.0% |
Demographics — Burlington, MA
As of the latest ACS Survey released in 2023, Burlington, MA has a population of 26,100, which has decreased by -3.7% over the past 5 years. Burlington, MA is a moderately popular place for families, as children make up 18.0% of the population. The area has a highly educated workforce, with 58.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,100 | -3.7% |
% Under 18 | 18.0% | -12.2% |
% Seniors | 21.6% | 9.6% |
% WFH | 20.2% | 339.1% |
% w/ College Degree | 58.2% | 6.2% |
As of the latest ACS Survey released in 2023, Burlington, MA is a predominantly white area, with 74.7% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Burlington, MA is asian, making up 13.6% of the population. Foreign-born residents account for 18.3% of the population in Burlington, MA, and this percentage has decreased by 17.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.7% | 1.5% |
% Black | 2.5% | -49.0% |
% Hispanic | 4.3% | 95.5% |
% Asian | 13.6% | -16.6% |
% Foreign Born | 18.3% | -17.6% |
Mortgage and Risk — Burlington, MA
According to HUD data as of 2023, there were 396 mortgage originations in Burlington, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Burlington, MA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 396 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Burlington, MA
As of 2024, the percent of homes in Burlington, MA under the Section 8 program is 9.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Burlington, MA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 242 |
Total Units Section 8 | 242 |
% Rentals under Section 8 | 9.4% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $2,820 | $2,730 |
| 2 Bedroom | -$130 | $3,370 | $3,240 |
| 3 Bedroom | $120 | $3,780 | $3,900 |
| 4 Bedroom | $10 | $4,290 | $4,300 |
Affordability — Burlington, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $853,000 |
| Median Household Income | $142,000 |