Housing in 05403 South Burlington, VT is more expensive than the US average. The median value of a home in this area is $406,900, compared to the US median value of $338,100. Additionally, the appreciation rate of homes in 05403 South Burlington, VT is higher than the national average; it currently stands at 13.44%, as opposed to 8.27% for the US as a whole. This area has seen significant growth in housing values over the past year and looks set to continue its positive trend into the future.
The median home cost in South Burlington (zip 05403) is $406,900. Home appreciation the last 10 years has been 68.9%. Home Appreciation in South Burlington (zip 05403) is up 18.6%.
Average Age of Homes
- The median age of South Burlington (zip 05403) real estate is 33 years old
The Rental Market in South Burlington (zip 05403)
- Renters make up 32.0% of the South Burlington (zip 05403) population
- 0.7% of houses and apartments in South Burlington (zip 05403), 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.