Is Burlington, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Burlington has remained a Seller's Market.
Housing Prices in Burlington, WI
How much do homes in Burlington, WI cost?
Median Sold Price
$350,333
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Burlington was $350,333 in March 2024, up 12.3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $201.4K | $245K | +21.6% |
2 Bedrooms | $200K | $236.2K | +18.1% |
3 Bedrooms | $303.7K | $347.4K | +14.4% |
4 Bedrooms | $392.5K | $405K | +3.2% |
5+ Bedrooms | $594.9K | $580.2K | -2.5% |
Summary: Burlington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 2.5%.
Housing Supply in Burlington, WI
How many homes are available in Burlington, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 76 | +22.6% |
Summary: The Burlington real estate market had 76 homes for sale in March 2024, a 22.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 11 | +57.1% |
3 Bedrooms | 24 | 28 | +16.7% |
4 Bedrooms | 25 | 28 | +12.0% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Burlington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Burlington in March 2024, up by 41.7% month-over-month. Of the 17 sold homes, 47% were sold under asking, 12% were sold at asking, and 41% were sold over asking.
Days on Market for Burlington, WI
How long does it take to sell a home in Burlington, WI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Burlington; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.