Is Burlington, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$356,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Burlington was $356,000 in May 2024, up 13% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242.4K | $165K | -31.9% |
2 Bedrooms | $217.5K | $235K | +8.0% |
3 Bedrooms | $301.5K | $355K | +17.7% |
4 Bedrooms | $402.4K | $405K | +0.6% |
5+ Bedrooms | $499.9K | $627.5K | +25.5% |
Summary: Burlington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 25.5%.
Median Sold Price Compared To Nearby Cities
Burlington | $315K | $356K | +13.0% |
Rochester | $359K | $402.5K | +12.1% |
Housing Supply in Burlington, WI
How many homes are available in Burlington, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
91 | 109 | +19.8% |
Summary: The Burlington real estate market had 109 homes for sale in May 2024, a 19.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 38 | 48 | +26.3% |
4 Bedrooms | 24 | 30 | +25.0% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Burlington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 26 | +52.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Burlington in May 2024, up by 52.9% month-over-month. Of the 26 sold homes, 54% were sold under asking, 19% were sold at asking, and 27% were sold over asking.
Days on Market for Burlington, WI
We’re sorry, we don't have information for this market at the moment