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Sarah Mitchell

CNESRESABR

Compass Real Estate · Burlington, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Burlington, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Burlington, NC Housing Market & Real Estate

Balanced market+2.9% YoY

Housing market overview · Updated monthly ·

$264,999median sale price

How is the Burlington, NC housing market right now?

The median home sale price in Burlington, NC is $264,999, up 2.9% year-over-year. Homes sell in an average of 35 days with 193 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Burlington a buyer's or seller's market?

Balanced market3.5 months of supply35 avg. days on market

Burlington, NC is currently a balanced market, based on 3.5 months of supply and homes selling in about 35 days. How we determine this →

Homes sold

55

Last 12 weeks

Days on market

35

Average pace

Active listings

193

3.5 months supply

Sale-to-list

98.6%

Below asking

What does the Burlington housing market data show?

Current housing market statistics for Burlington, NC
MetricValue
Median sale price$264,999
Median list price$292,400
Year-over-year price change+2.9%
Average days on market35 days
Active inventory193 listings
Months of supply3.5 months
Sale-to-list price ratio98.6%
Median price per sq ft$172/sq ft
Homes sold (latest month)55
New listings (latest month)80
Listings with a price cut36.3%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Burlington by property type?

How the Burlington, NC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Burlington, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$290,000$178/sq ft4232 days
Condo / Co-op$172,250$159/sq ft658 days
Townhouse$244,000$172/sq ft7125 days

Source: Redfin · Updated monthly

The Burlington housing market is currently classified as a balanced market with a median sale price of $264,999. Prices have risen 2.9% compared to last year, with homes spending an average of 35 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.

Homes for sale in Burlington

There are currently 193 homes listed for sale in Burlington, North Carolina. The median listing price is $292K.

Active listings

193

Homes on market

Median list price

$292K

Avg. days on market

35

Days until sale

New this week

80

Newly listed

Price drops:36.3%of listings
Sale-to-list:98.6%

Who lives in Burlington?

Population

58,599

Median income

$54,941/yr

Median age

39.6 years

Owner-occupied

54.9%

College grads

28.7%

Avg commute

24.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Burlington?

Zillow home value

$259,252

Zillow rent index

$1,298/mo

Price-to-rent ratio

16.6x

Price-to-income

4.7x

Source: Zillow Research

What is it like to live in Burlington?

Burlington is a community of approximately 59K residents with a median age of 39.6 years.The median household income is $54,941, which represents a working-class community with solid middle-income opportunities. 28.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 54.9%, showing a blend of owner and renter-occupied properties. The average commute time is 24.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Burlington offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Burlington?

16 schools tracked · 8,879 students

The largest public schools serving Burlington, NC 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.

Walter M Williams High

Grades 9-12 · 1,215 students

Public

Clover Garden

Grades K-12 · 950 students

Charter

Hugh M Cummings High

Grades 9-12 · 813 students

Public

Turrentine Middle

Grades 6-8 · 687 students

Public

Highland Elementary

Grades K-5 · 630 students

Public

Eastlawn Elementary

Grades PK-5 · 555 students

Public

Marvin B Smith Elementary

Grades PK-5 · 545 students

Public

R Homer Andrews Elementary

Grades PK-5 · 535 students

Public

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, NC?

Want a head-to-head view? Compare Burlington side-by-side with any other U.S. city using our market-comparison tool.

Is Burlington a good real estate investment market?

For investors evaluating Burlington, the price-to-rent ratio of 16.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Burlington's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Burlington's median home price.

Frequently asked questions

What is the average home price in Burlington?

The median home sale price in Burlington is $264,999, up 2.9% from last year.

How long do homes stay on market in Burlington?

Homes typically spend 35 days on market before going under contract.

What is the median income in Burlington?

The median household income is $54,941 per year.

Is Burlington a buyer's or seller's market?

With 3.5 months of supply, Burlington is currently a balanced market.

What is the Zillow home value estimate for Burlington?

The Zillow Home Value Index (ZHVI) for Burlington is $259,252, representing the typical home value in the area.

What is the median condo price in Burlington?

The median condo/co-op sale price in Burlington, NC is $172,250, compared to $290,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Burlington?

The median single-family home price in Burlington, NC is $290,000 (about $178 per square foot).

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