The Burlington housing market is somewhat competitive. The median sale price of a home in Burlington was $241K last month, up 4.9% since last year. The median sale price per square foot in Burlington is $170, up 11.1% since last year.
What is the housing market like in Burlington today?
In March 2024, Burlington home prices were up 4.9% compared to last year, selling for a median price of $241K. On average, homes in Burlington sell after 20 days on the market compared to 30 days last year. There were 78 homes sold in March this year, down from 89 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$241,250
+4.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Burlington, NC
$241,250
+4.9%
United States
To compare other locations to the Burlington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Burlington add value to a home.
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How hot is the Burlington housing market?
Burlington is somewhat competitive. Homes sell in 27 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 27 days.
Hot homes
can sell for around list price and go pending in around 8 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Burlington
Explore recent offers and recently sold homes in Burlington
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Marvin B Smith Elementary
Public • PreK-5
541
Students
3 reviews
7/10
Edwin M Holt Elementary
Public • K-5
532
Students
1 reviews
6/10
Elon Elementary
Public • K-5
728
Students
4 reviews
6/10
Highland Elementary
Public • K-5
742
Students
6 reviews
5/10
R Homer Andrews Elementary
Public • PreK-5
582
Students
2 reviews
Only showing 5 of
12 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Burlington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Burlington.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Burlington has a moderate risk of flooding. 1,713 properties in Burlington are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Burlington. Flood risk is increasing slower than the national average.
36% of properties are at risk of wildfire over the next 30 years
Fire Factor
Burlington has a moderate risk of wildfire. There are 8,425 properties in Burlington that have some risk of being affected by wildfire over the next 30 years. This represents 36% of all properties in Burlington.
87% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Burlington has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Burlington is most at risk from hurricanes. 20,029 properties in Burlington have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.