Is Burlington, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Burlington is a seller's market


Difference Since May 2023

Since last year, Burlington has remained a Seller's Market.

Key Takeaway

Burlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Burlington, MA

How much do homes in Burlington, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Burlington have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Burlington was $816,666 in May 2024, up 10.2% from last year, and the median price per square foot was $400.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $227.5K$365K
2 $639.9K$735.5K
3 $710K$766K
4 $840.5K$901.5K
5+ $1.3M$1.2M

Summary: Burlington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.4%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Burlington, MA

How many homes are available in Burlington, MA?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Burlington real estate market had 54 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
2 14
3 1921
4 2214
5+ 1014

Summary: The Burlington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burlington, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Burlington in May 2024, down by 16.7% month-over-month. Of the 15 sold homes, 20% were sold under asking, 13% were sold at asking, and 67% were sold over asking.

Days on Market for Burlington, MA

How long does it take to sell a home in Burlington, MA?

Average Sale Time

May 2023May 2024CHANGE
41 Days26 Days-36.3%

Summary: Homes in Burlington had an average of 26 days on market in May 2024, down by 36.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Burlington are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 15 homes were sold in Burlington; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Burlington, MA

Nearby Markets to Burlington, MA

What housing markets are near Burlington, MA?