Burlington housing market

Buyer's marketBurlington, VT metro areaData through Sep 2026
Typical home value
$462K
▲ 0.1% 1 yr
Typical rent
$2,592/mo
▲ 1.4% 1 yr
12-month forecast
+1.9%
#295 of 546 metros
Gross rent yield
6.7%
#160 of 546 · U.S. 6.3%
Days to pending
42 days
▲ +7 days 1 yr
Listings with a price cut
31%
▲ +3.5 pts 1 yr

Key takeaways

  • 1The typical home is worth $462,003, up 0.1% in a year and up 20% over five years.
  • 2Zillow forecasts home values rising 1.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $2,592/mo (+1.4% YoY), a 6.7% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,539/mo in principal and interest, $53 less than renting.
  • 5Homes go under contract in 42 days (+7 days vs last year); 31% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 35/100, #358 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $462K
$290K$345K$399K$453K2016201920222025
Typical monthly rent
Latest $2,592
$1,727$1,995$2,264$2,5322016201920222025

How fast homes are selling

Days to go under contract
Latest 42
1535557520182020202220242026
Share of listings with a price cut
Latest 30.6%
7.5%14.7%21.8%29.0%20182020202220242026
Homes for sale vs new listings
Latest 858
For saleNew listings
1655208751,23020182020202220242026
Share of homes sold above list price
Latest 36.2%
26.7%43.3%59.9%76.5%2019202120232025

Affordability

Household income needed to buy vs rent
Latest $131K
To buy (20% down)To rent
$66K$87K$108K$129K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Burlington compares

MeasureBurlingtonUnited StatesRank of 546
Home value, 1-yr change+0.1%+1.2%#447
Home value, 5-yr change+20.5%+19.7%
12-month forecast+1.9%+1.1%#295
Rent, 1-yr change+1.4%+2.7%#453
Gross rent yield6.7%6.3%#160
Price-to-rent ratio14.915.8
Mortgage P&I on typical home$2,539$2,012
Income needed to buy$130,815$100,902
Days to pending4256

Cities in the Burlington metro

2 cities with home value and rent data.

Burlington$504K▼ 1.9%$2,738▲ 1.2%6.5%
South Burlington$477K▼ 1.0%$2,497▲ 0.2%6.3%

Run the numbers

Other Vermont metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.