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Burlington, MA—01803

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$897,000
1.0% YoY Growth
Household Income
$142,000
35.1% YoY Growth
Days on Market
18
16.0% Shorter YoY
Home Price Forecast
0.2%
Median Rent
$3,260
3.0% YoY Growth
1-Bed Rent
$2,820
1.7% YoY Growth
2-Bed Rent
$3,370
1.1% YoY Growth
3-Bed Rent
$3,780
9.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Burlington, MA

As of May '26, the median home price in Burlington, MA is $897,000, with a year-over-year change of 1.0%. This indicates that home prices in Burlington, MA are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$897,0001.0%
Single Family $908,0000.8%
Condos $719,0003.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $339,000
    1.8%
    2 Bed
    		$754,0003.0%
    3 Bed
    		$842,0001.3%
    4 Bed
    		$1,021,0000.2%
    5 Bed $1,122,5890.4%
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    % of Housing Stock

    Studio
    2.1%
    1 Bedroom
    9.2%
    2 Bedrooms
    20.0%
    3 Bedrooms
    39.7%
    4 Bedrooms
    22.8%
    5+ Bedrooms
    6.1%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    3.8%
    1 Bedroom
    32.5%
    2 Bedrooms
    47.5%
    3 Bedrooms
    10.5%
    4 Bedrooms
    3.0%
    5+ Bedrooms
    2.7%

    Property Listings — Burlington, MA

    As of May '26, Realtor.com reports that the median days on market for a home in Burlington, MA is 18. This is a decrease of -16.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$924,000-6.0%
    Listing Count
    		6050.0%
    Listings as % of Homes0.2%50.0%
    Days on Market
    		18-16.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio5.5
    Median Home Price$897,000
    Median Household Income$142,000

    Burlington, MA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Lexington, MA

    02420

    Woburn, MA

    01801

    Wilmington, MA

    01887

    Billerica, MA

    01821

    Lexington, MA

    02421

    Frequently Asked Questions