Burlington, IA
Housing market overview · Updated weekly
$84,750median sale price
Homes sold
18
Last 12 weeks
Days on market
47
Average pace
Active listings
100
5.6 months supply
Sale-to-list
94.6%
Below asking
The Burlington housing market is currently classified as a buyer's market with a median sale price of $84,750. Prices have fallen 19.7% compared to last year, with homes spending an average of 47 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Burlington?
The median home sale price in Burlington is $84,750, down 19.7% from last year.
How long do homes stay on market in Burlington?
Homes typically spend 47 days on market before going under contract.
Is Burlington a buyer's or seller's market?
With 5.6 months of supply, Burlington is currently a buyer's market.
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