South Burlington, VT Housing Market
The South Burlington housing market is very competitive. The median sale price of a home in South Burlington was $470K last month, down 6.5% since last year. The median sale price per square foot in South Burlington is $291, up 3.2% since last year.
South Burlington Housing Market Trends
In April 2024, South Burlington home prices were down 6.5% compared to last year, selling for a median price of $470K. On average, homes in South Burlington sell after 7 days on the market compared to 8 days last year. There were 19 homes sold in April this year, down from 20 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the South Burlington housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 8 days.
- Hot homescan sell for about 5% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 12 days.
- Hot homescan sell for about 2% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 7 days.
- Hot homescan sell for about 7% above list price and go pending in around 5 days.
South Burlington Migration & Relocation Trends
- Across the nation, 0.13% of homebuyers searched to move into South Burlington from outside metros.
- New York homebuyers searched to move into South Burlington more than any other metro followed by Washington and Hartford.
- 49% of South Burlington homebuyers searched to stay within the South Burlington metropolitan area.
- Portland was the most popular destination among South Burlington homebuyers followed by Tampa and Cape Coral.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 122 | ||
2 | 74 | ||
3 | 63 | ||
4 | 54 | ||
5 | 27 | ||
6 | 19 | ||
7 | 19 | ||
8 | 16 | ||
9 | 15 | ||
10 | 14 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 61 | ||
2 | 12 | ||
3 | 12 | ||
4 | 10 | ||
5 | 10 | ||
6 | 9 | ||
7 | 7 | ||
8 | 6 | ||
9 | 5 | ||
10 | 4 |
Home offer insights for South Burlington
Recent offers
View houses in South Burlington that sold recently
Recently sold homes
- $417,000 Last Sold Price2 beds1.5 baths1,234 sq ft45 Overlook Dr #45, South Burlington, VT 05403List Price$389,900Sale to List7% over listDays on Market49 days45 Overlook Dr #45, South Burlington, VT 05403
- $340,000 Last Sold Price2 beds2 baths1,100 sq ft370 Farrell St #312, South Burlington, VT 05403List Price$339,000Sale to List0% over listDays on Market35 days370 Farrell St #312, South Burlington, VT 05403
- $525,000 Last Sold Price3 beds2 baths1,533 sq ft220 Spear St, South Burlington, VT 05403List Price$577,000Sale to List9% under listDays on Market124 days220 Spear St, South Burlington, VT 05403
- $390,000 Last Sold Price3 beds2 baths1,365 sq ft370 Farrell St #425, South Burlington, VT 05443List Price$390,000Sale to List0% over listDays on Market0 days370 Farrell St #425, South Burlington, VT 05443
- $287,0002 beds1 bath984 sq ft171 N Twin Oaks Ter #171, South Burlington, VT 05403List Price—Sale to List—Days on Market—171 N Twin Oaks Ter #171, South Burlington, VT 05403
- $725,000 Last Sold Price3 beds3 baths2,554 sq ft28 Upswept Ln, South Burlington, VT 05403List Price$725,000Sale to List0% over listDays on Market23 days28 Upswept Ln, South Burlington, VT 05403
- $287,000 Last Sold Price2 beds1 bath984 sq ft171 N Twin Oaks Ter, South Burlington, VT 05403List Price$279,900Sale to List3% over listDays on Market72 days171 N Twin Oaks Ter, South Burlington, VT 05403
- $670,318 Last Sold Price3 beds2.5 baths2,121 sq ft315 Old Farm Rd, South Burlington, VT 05403List Price$629,000Sale to List7% over listDays on Market405 days315 Old Farm Rd, South Burlington, VT 05403
See all recently sold homes in South Burlington.
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Schools in South Burlington
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Rick Marcotte Central School Public • PreK-5 | 386 Students | 6 reviews |
6/10 Orchard School Public • PreK-5 | 415 Students | 5 reviews |
5/10 J. J. Flynn School Public • PreK-5 | 321 Students | N/A |
5/10 Sustainability Academy At Lawrence Barnes Public • PreK-5 | 183 Students | 1 reviews |
5/10 Chamberlin School Public • PreK-5 | 492 Students | 1 reviews |
Climate's impact on South Burlington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in South Burlington.
Flood Factor - Minor
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Moderate
Heat Factor
Transportation in South Burlington
Walk Score®
Bike Score®
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