$62,900
300 Rolling Oaks Dr Lot 6
Burlington, IL
Land1.03 acres
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Burlington, IL Housing Market
Balanced market+5.2% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through March 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The typical home in Burlington, IL is worth $425,343, rose 5.2% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $295,000 (through May 2026). With homes going under contract in about 43 days, Burlington is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $425,343 home is about $2,187/mo in principal and interest.
Key numbers for Burlington, IL
Typical home value
$425,343
+5.2% in 12 months
Zillow, July 2026
Median sale price
$295,000
Last published period
Redfin, through March 2026
Days on market
43
Average pace
Redfin, through March 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$83,250
Home costs 5.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.0%
Selling below asking
Redfin, through March 2026
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Burlington a buyer's or seller's market?
Balanced market43 days on market98.0% of asking
Burlington, IL is a balanced market and homes selling in about 43 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Burlington housing market data show?
Every row below is Redfin's final published month for Burlington, IL. Redfin, through March 2026
| Metric | Value |
|---|---|
| Median sale price | $295,000 |
| Median price per sq ft | $264/sq ft |
| Median days on market | 43 days |
| Sale-to-list price ratio | 98.0% |
| Homes sold (that month) | 2 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Burlington is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Burlington is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Burlington home prices moved?
Over the last three years the median sale price in Burlington, IL rose 59.5%, from $185,000 to $295,000. The live Zillow value series has rose 5.2% in the last 12 months, which is the more current read now that Redfin's series has stopped.
Redfin, through March 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Burlington?
Priced off the typical home value of $425,343 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $85,069 | $340,275 | $2,187/mo |
| 5% | $21,267 | $404,076 | $2,597/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,187, that implies roughly $93,716 a year before you add taxes and insurance. The median household in Burlington earns $83,250, about $10,466 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.1x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Burlington in the next 12 months?
Tell us your timeline. We send the Burlington market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Burlington?
Zillow does not publish a rent index (ZORI) for Burlington, IL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Burlington?
Active listings in Burlington, IL went from 4 in May 2024 to 1 in January 2026, a -75.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2024 | 4 | 1 |
| July 2024 | 4 | 1 |
| August 2024 | 6 | 4 |
| September 2024 | 6 | 1 |
| October 2024 | 1 | not published |
| November 2024 | 1 | not published |
| December 2024 | 1 | 1 |
| January 2025 | 1 | 1 |
| April 2025 | 1 | 1 |
| May 2025 | 2 | 2 |
| June 2025 | 2 | 1 |
| January 2026 | 1 | 1 |
Redfin, through January 2026
How does Burlington compare to Illinois and the U.S.?
Burlington homes sell for $295,000 — 13% below the Illinois median of $337,900. Against the national median of $410,700, Burlington runs 28% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Burlington, IL | $295,000 | not published | 43 days |
| Illinois statewide | $337,900 | +5.9% | 43 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through March 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Burlington
What buyers should watch
- The gap between 5% and 20% down here is $410 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $425,343 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Burlington listing goes under contract in 43 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Your equity moved +5.2% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Burlington varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Burlington
Explore homes currently listed for sale in Burlington, Illinois across major real estate platforms.
$69,900
Rolling Oaks Dr Lot 5
Burlington, IL
Land1.17 acres
View photos & details
$365,000
274 W Center St
Burlington, IL
3 bd2 ba1,288 sqft$283/ft²
House
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Sale-to-list:98.0%
How much do homes cost in Burlington by property type?
How the Burlington, IL market breaks down across single-family homes, condos and townhouses. Redfin, through March 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $295,000 | $264/sq ft | 2 | 43 days |
| Condo / co-op | $380,000 | $317/sq ft | 1 | 162 days |
Who lives in Burlington?
American Community Survey estimates for Burlington. U.S. Census ACS, 2023
Population
479
Households
197
Median income
$83,250/yr
Median age
37.5 years
Owner-occupied
74.1%
Median home value
$283,300
Median gross rent
$1,196/mo
Mean commute
31.3 min
74.1% of occupied homes in Burlington are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $283,300 against Zillow's $425,343 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Burlington?
3 schools tracked · 1,040 students
The largest public schools serving Burlington, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Howard B Thomas Grade School
Grades PK-5 · 644 students
Central Middle School
Grades 8 · 396 students
ALOP
Grades 9-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Burlington, IL?
Ordered by distance from Burlington, not by size. Compare Burlington side by side with any of them.
Burlington housing market FAQ
Is Burlington a buyer's or seller's market?
Burlington, IL is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Burlington?
The typical home in Burlington, IL is worth $425,343 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $295,000, about $264 per square foot.
Is Burlington cheaper than the rest of Illinois?
Burlington's median sale price of $295,000 is 13% lower than the Illinois statewide median of $337,900, and 28% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Burlington?
Homes in Burlington, IL spent a median of 43 days on market before going under contract, versus 43 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Burlington?
At the current 30-year fixed rate of 6.66%, 20% down on a $425,343 home is about $2,187 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $93,716 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $83,250.
Are home prices rising in Burlington?
The typical home value in Burlington, IL rose 5.2% over the last 12 months, from $404,265 to $425,343 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Burlington?
Burlington ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Burlington?
That depends on your timeline, not on a headline. What the data says today: Burlington, IL is a balanced market, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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