Why Live in Burlington
Though it’s not the state capital, Burlington has long been Vermont’s most renowned city, set in the striking Green Mountain range. As the birthplace of Ben & Jerry’s, the shoreline of Lake Champlain and the home of the University of Vermont, the Queen City has become a New England home base for nearly 45,000 residents. “We have a fun, funky beat to the town,” says Kathy O’Brien, a senior sales associate with Four Seasons Sotheby’s, who has sold in Burlington for over 30 years. “There’s a certain vibrancy, and the young crowd at the University of Vermont keeps the place lively.”
UVM and its medical center have attracted many professors and healthcare professionals, while foodies and young adults come here to explore Church Street Marketplace and the trendy art and music scene. O’Brien notes that two other major draws to the city are its prime location and natural beauty. “Summers here rival something out of a movie, where it stays light until 9:30, and it’s super lush,” she says. “You can also be in New York City by jet in an hour or get to Montreal in two hours and feel like you’re in Europe.” Buyers can find a little bit of everything in Burlington’s housing market. Downtown
Home Trends in Burlington, VT
On average, homes in Burlington, VT sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Burlington, VT over the last 12 months is $489,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$489,000
Median Single Family Sale Price
$545,900
Median Townhouse Sale Price
$412,500
Median 2 Bedroom Sale Price
$449,950
Median 1 Bedroom Sale Price
$320,000
Average Price Per Sq Ft
$404
Number of Homes for Sale
72
Last 12 months Home Sales
293
Median List Price
$519,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%