Burlington, VT—05401
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Burlington, VT
Home Price Trends — Burlington, VT
As of Oct '25, the median home price in Burlington, VT is $567,000, with a year-over-year change of -1.7%. This indicates that home prices in Burlington, VT are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $567,000 | -1.7% |
| Single Family | $614,000 | -1.3% |
| Condos | $387,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $332,000 | -4.6% |
2 Bed | $427,000 | -2.3% |
3 Bed | $575,000 | -1.2% |
4 Bed | $693,000 | -0.3% |
| 5 Bed | $750,000 | 0.0% |
% of Housing Stock
Rental Trends — Burlington, VT
As of July '25, Rentcast reports the average rent in Burlington, VT is $2,120, with a year-over-year rent change of 6.5%. Per bedroom, the median rent as of July '25 in Burlington, VT is studios: $1,510, 1-bedrooms: $1,750, 2-bedrooms: $2,250, 3-bedrooms: $2,800, 4-bedrooms: $2,850. The most common rental property sizes in Burlington, VT are 2-bedroom and 1-bedroom, accounting for 35.5% and 30.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,120 |
| Studio Rent | $1,420 | $1,510 |
| 1 Bed Rent | $1,700 | $1,750 |
| 2 Bed Rent | $2,100 | $2,250 |
| 3 Bed Rent | $2,700 | $2,800 |
| 4 Bed Rent | $2,800 | $2,850 |
% of Rental Stock
Property Listings — Burlington, VT
As of Oct '25, Realtor.com reports that the median days on market for a home in Burlington, VT is 72. This is a increase of 26.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $602,000 | 8.0% |
Listing Count | 80 | 94.0% |
| Listings as % of Homes | 0.1% | 94.0% |
Days on Market | 72 | 26.0% |
Demographics — Burlington, VT
As of the latest ACS Survey released in 2023, Burlington, VT has a population of 31,700, which has increased by 9.6% over the past 5 years. Burlington, VT is a less popular place for families, as children make up 9.8% of the population. The area has a highly educated workforce, with 63.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,700 | 9.6% |
% Under 18 | 9.8% | -17.6% |
% Seniors | 9.8% | -3.0% |
% WFH | 15.8% | 198.1% |
% w/ College Degree | 63.1% | 14.5% |
As of the latest ACS Survey released in 2023, Burlington, VT is a predominantly white area, with 83.8% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Burlington, VT is asian, making up 4.2% of the population. Foreign-born residents account for 6.8% of the population in Burlington, VT, and this percentage has decreased by 46.5% 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 | 83.8% | 1.9% |
% Black | 3.7% | -42.2% |
% Hispanic | 3.6% | 33.3% |
% Asian | 4.2% | -34.4% |
% Foreign Born | 6.8% | -46.5% |
Mortgage and Risk — Burlington, VT
According to HUD data as of 2023, there were 211 mortgage originations in Burlington, VT, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Burlington, VT. Investor activity is low, as 4.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 211 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 4.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Burlington, VT
As of 2024, the percent of homes in Burlington, VT under the Section 8 program is 15.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Burlington, VT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,738 |
Total Units Section 8 | 1,699 |
% Rentals under Section 8 | 15.9% |
% Occupied Section 8 | 82.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $1,700 | $1,550 |
| 2 Bedroom | -$60 | $2,100 | $2,040 |
| 3 Bedroom | -$70 | $2,700 | $2,630 |
| 4 Bedroom | -$100 | $2,800 | $2,700 |
Affordability — Burlington, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.2 |
| Median Home Price | $567,000 |
| Median Household Income | $60,500 |