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Sarah Mitchell
Compass Real Estate · ZIP 07206
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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07206 ZIP Code Housing Market
$682,500median sale price
What is the 07206 housing market like right now?
The median home sale price in ZIP code 07206 is $682,500, down 3.2% year-over-year. Homes sell in an average of 39 days with 43 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 07206 ZIP code a buyer's or seller's market?
ZIP code 07206 is currently a balanced market and homes selling in about 39 days. How we determine this →
What are the latest 07206 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $682,500 |
| Median list price | $700,000 |
| Year-over-year price change | -3.2% |
| Average days on market | 39 days |
| Active inventory | 43 listings |
| Sale-to-list price ratio | 102.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 07206 zip code, located in Burlington, NY, is currently classified as a balanced market. The median sale price stands at $682,500, representing a -3.2% change year over year. Homes in this area spend an average of 39 days on the market before going under contract. There are currently 43 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 07206 sits in the Burlington, NY area, roughly 11.1 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 07206 specifically — drawn from Redfin transactions, U.S. Census data for its 31,930 residents, and Zillow value estimates.
Homes sold
28
Last 12 weeks
Days on market
39
Average pace
Active listings
43
Sale-to-list
102.3%
Above asking
What is driving the 07206 housing market?
The 07206 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 102.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 07206 have declined -3.2% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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 07206 stands at $511,071, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,069 per month. This gives a price-to-rent ratio of approximately 20.6, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 07206?
Population
31,930
Median income
$68,420/yr
Median age
31.2 years
Owner-occupied
24.1%
College grads
9.4%
Avg commute
35.25 min
What is it like living in 07206?
Zip code 07206 is home to approximately 31,930 residents. The median household income is $68,420 per year, which shapes the types of homes and amenities available in the area. With a median age of 31.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 24.1% of housing units are owner-occupied, reflecting a predominantly renter-occupied area that may appeal to investors looking for rental income opportunities.
About 9.4% 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 35.25 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. 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 07206.
Which public schools serve ZIP 07206?
9 schools tracked · 5,571 students
The largest public schools serving ZIP code 07206 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.
Terence C. Reilly School No 7
Grades 2-8 · 1,147 students
Juan Pablo Duarte - Jose Julian Marti School No 28
Grades PK-8 · 912 students
Jerome Dunn Academy No 9
Grades K-8 · 866 students
Sonia Sotomayor School No 25
Grades K-8 · 595 students
George Washington Academy School No. 1
Grades PK-8 · 531 students
John Marshal School No. 20
Grades K-8 · 445 students
iPrep Academy School No 8
Grades K-8 · 401 students
Benjamin Franklin School No. 13
Grades K-8 · 382 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 07206
What is the median home price in 07206?
The current median sale price in 07206 is $682,500, based on recent Redfin transaction data. Prices have changed -3.2% 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 07206 a buyer's or seller's market?
The 07206 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 07206?
Zip code 07206 has a population of approximately 31,930 residents. The median household income is $68,420 per year. About 24.1% 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 07206?
Properties Incorporated provides comprehensive data for 07206 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 07206 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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