Burlington, MA 01803 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Burlington, MA—01803

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$842,000

0.6% YoY Growth

Household Income

$142,000

35.1% YoY Growth

Days on Market

31.0% Longer YoY

Home Price Forecast

1.6%

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 — Burlington, MA

As of Dec '25, the median home price in Burlington, MA is $842,000, with a year-over-year change of 0.6%. This indicates that home prices in Burlington, MA are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$842,000	0.6%
Single Family	$850,000	0.5%
Condos	$692,000	4.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

Loading chart...

% 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 Dec '25, Realtor.com reports that the median days on market for a home in Burlington, MA is 49. 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$995,000	-31.0%
Listing Count	15	12.0%
Listings as % of Homes	0.2%	12.0%
Days on Market	76	31.0%

Loading chart...

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%

Loading chart...

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%

Loading chart...

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%

Loading chart...

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

Burlington, MA—01803

Key Metrics at a Glance

Home Price Trends — Burlington, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Burlington, MA

% of Rental Stock

Property Listings — Burlington, MA

Demographics — Burlington, MA

Race and Ethnicity

Mortgage and Risk — Burlington, MA

Mortgages

Rentals and Section 8 — Burlington, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Burlington, MA

Home Price to Income Ratio

Burlington, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lexington, MA

Woburn, MA

Wilmington, MA

Billerica, MA

Lexington, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.2
Median Home Price	$842,000
Median Household Income	$142,000

Burlington, MA—01803

Key Metrics at a Glance

Home Price Trends — Burlington, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Burlington, MA

% of Rental Stock

Property Listings — Burlington, MA

Demographics — Burlington, MA

Race and Ethnicity

Mortgage and Risk — Burlington, MA

Mortgages

Rentals and Section 8 — Burlington, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Burlington, MA

Home Price to Income Ratio

Burlington, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lexington, MA

Woburn, MA

Wilmington, MA

Billerica, MA

Lexington, MA

Frequently Asked Questions

What is the average home price in Burlington, MA 01803?

How have home prices in Burlington, MA 01803 changed over the past year?

What is the home price projection for Burlington, MA 01803?

What are the demographics of Burlington, MA 01803?

How long does it take homes to sell in Burlington, MA 01803?

What is the average rent price in Burlington, MA 01803?