Burlington, VT—05408
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 $460,000, with a year-over-year change of -1.6%. This indicates that home prices in Burlington, VT are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $460,000 | -1.6% |
| Single Family | $465,000 | -1.7% |
| Condos | $423,000 | 0.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $404,000 | -1.7% |
3 Bed | $454,000 | -1.7% |
4 Bed | $533,000 | -0.9% |
| 5 Bed | $586,000 | 1.4% |
% of Housing Stock
Rental Trends — Burlington, VT
As of July '25, Rentcast reports the average rent in Burlington, VT is $2,660, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Burlington, VT is 2-bedrooms: $2,480, 3-bedrooms: $2,510, 4-bedrooms: $3,900. The most common rental property sizes in Burlington, VT are 2-bedroom and 1-bedroom, accounting for 50.6% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,300 | $2,480 |
| 3 Bed Rent | $2,900 | $2,510 |
| 4 Bed Rent | $3,900 | $3,900 |
% 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 26. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $509,000 | 17.0% |
Listing Count | 36 | 35.0% |
| Listings as % of Homes | 0.1% | 35.0% |
Days on Market | 26 | 0.0% |
Demographics — Burlington, VT
As of the latest ACS Survey released in 2023, Burlington, VT has a population of 10,200, which has increased by 7.2% over the past 5 years. Burlington, VT is a moderately popular place for families, as children make up 17.2% of the population. The area has a highly educated workforce, with 54.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,200 | 7.2% |
% Under 18 | 17.2% | -18.1% |
% Seniors | 22.9% | 6.0% |
% WFH | 19.3% | 328.9% |
% w/ College Degree | 54.9% | 27.4% |
As of the latest ACS Survey released in 2023, Burlington, VT is a predominantly white area, with 84.6% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Burlington, VT is black, making up 4.3% of the population. Foreign-born residents account for 9.4% of the population in Burlington, VT, and this percentage has decreased by 36.9% 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 | 84.6% | 1.1% |
% Black | 4.3% | 22.9% |
% Hispanic | 2.9% | 7.4% |
% Asian | 2.7% | -57.1% |
% Foreign Born | 9.4% | -36.9% |
Mortgage and Risk — Burlington, VT
According to HUD data as of 2023, there were 166 mortgage originations in Burlington, VT, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Burlington, VT. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 166 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Burlington, VT
Burlington, VT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 452 |
Total Units Section 8 | 420 |
% Rentals under Section 8 | 38.2% |
% Occupied Section 8 | 81.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,510 |
| 2 Bedroom | -$320 | $2,300 | $1,980 |
| 3 Bedroom | -$350 | $2,900 | $2,550 |
| 4 Bedroom | -$1,270 | $3,900 | $2,630 |
Affordability — Burlington, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $460,000 |
| Median Household Income | $98,700 |