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Sarah Mitchell
Compass Real Estate · ZIP 07202
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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07202 ZIP Code Housing Market
$650,000median sale price
What is the 07202 housing market like right now?
The median home sale price in ZIP code 07202 is $650,000, up 5.7% year-over-year. Homes sell in an average of 27 days with 34 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 07202 ZIP code a buyer's or seller's market?
ZIP code 07202 is currently a balanced market and homes selling in about 27 days. How we determine this →
What are the latest 07202 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $650,000 |
| Median list price | $680,000 |
| Year-over-year price change | +5.7% |
| Average days on market | 27 days |
| Active inventory | 34 listings |
| Sale-to-list price ratio | 100.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 07202 zip code, located in Burlington, NY, is currently classified as a balanced market. The median sale price stands at $650,000, representing a +5.7% change year over year. Homes in this area spend an average of 27 days on the market before going under contract. There are currently 34 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 07202 sits in the Burlington, NY area, roughly 12.8 miles from downtown Burlington. Because home prices are set street by street, this ZIP can move differently from Burlington's citywide averages. The figures below reflect 07202 specifically — drawn from Redfin transactions, U.S. Census data for its 44,968 residents, and Zillow value estimates.
Homes sold
29
Last 12 weeks
Days on market
27
Average pace
Active listings
34
Sale-to-list
100.8%
Above asking
What is driving the 07202 housing market?
The 07202 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.8% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 07202 have increased +5.7% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 07202 stands at $512,960, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,336 per month. This gives a price-to-rent ratio of approximately 18.3, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 07202?
Population
44,968
Median income
$71,250/yr
Median age
36.6 years
Owner-occupied
28.2%
College grads
13.0%
Avg commute
33.87 min
What is it like living in 07202?
Zip code 07202 is home to approximately 44,968 residents. The median household income is $71,250 per year, which shapes the types of homes and amenities available in the area. With a median age of 36.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 28.2% of housing units are owner-occupied, reflecting a predominantly renter-occupied area that may appeal to investors looking for rental income opportunities.
About 13.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 33.87 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 07202.
Which public schools serve ZIP 07202?
14 schools tracked · 11,601 students
The largest public schools serving ZIP code 07202 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.
John E. Dwyer Technology Academy
Grades 9-12 · 1,404 students
Admiral William F. Halsey Jr. Health & Public Safety Academy
Grades 9-12 · 1,291 students
Elizabeth High School - Frank J Cicarell Academy
Grades 9-12 · 1,291 students
William F. Halloran School No.22
Grades 2-8 · 1,145 students
Thomas A. Edison Career and Technical Academy
Grades 9-12 · 816 students
Mabel G. Holmes School No. 5
Grades PK-8 · 802 students
Abraham Lincoln School No. 14
Grades K-8 · 786 students
Nicholas S. Lacorte-Peterstown School No. 3
Grades K-8 · 764 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 07202
What is the median home price in 07202?
The current median sale price in 07202 is $650,000, based on recent Redfin transaction data. Prices have changed +5.7% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 07202 a buyer's or seller's market?
The 07202 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 07202?
Zip code 07202 has a population of approximately 44,968 residents. The median household income is $71,250 per year. About 28.2% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 07202?
Properties Incorporated provides comprehensive data for 07202 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 07202 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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