The housing market in Burlington, VT 05401 is thriving. The median value of a house here is $541,600, which is over $200,000 higher than the US House Median Value of $338,100. This reflects a 13.44% appreciation rate over the past year in Burlington, VT 05401 compared to the 8.27% rate across the United States. With such high housing appreciation rates and a median value over $200,000 higher than the US House Median Value, it is easy to see why people are flocking to Burlington, VT 05401 for their dream homes.
The median home cost in Burlington (zip 05401) is $541,600. Home appreciation the last 10 years has been 68.9%. Home Appreciation in Burlington (zip 05401) is up 18.6%.
Average Age of Homes
- The median age of Burlington (zip 05401) real estate is 76 years old
The Rental Market in Burlington (zip 05401)
- Renters make up 69.3% of the Burlington (zip 05401) population
- 1.7% of houses and apartments in Burlington (zip 05401), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.