Burlington, NJ
Housing market overview · Updated weekly
$298,625median sale price
Homes sold
6
Last 12 weeks
Days on market
87
Average pace
Active listings
46
7.7 months supply
Sale-to-list
97.5%
Below asking
The Burlington housing market is currently classified as a buyer's market with a median sale price of $298,625. Prices have risen 18.8% compared to last year, with homes spending an average of 87 days on market, indicating 7.7 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 $298,625, up 18.8% from last year.
How long do homes stay on market in Burlington?
Homes typically spend 87 days on market before going under contract.
Is Burlington a buyer's or seller's market?
With 7.7 months of supply, Burlington is currently a buyer's market.
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