Burlington, MI Home Values & Market Trends

Real estate market trends reflect that there have been 36 transactions over the past year in Burlington. The median value for residential home transactions that occurred over the previous year is $228,682.25. The number of current listings in Burlington is 5, and the percentage of properties for sale in the city is 5.00%. Burlington, MI currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 5 properties for sale.

Burlington, MI Real Estate Market Overview

ZipMedian Est. Value
49029

$ 324,900

$ 130/sqft

Housing Market Summary for Burlington, MI

Apr 2023March 2024Change
Median Listing Price$328.8K$311.7K-5.20%
Median Sold Price$152.8K$311.7K104.05%
Homes For Sale19800.00%
Homes Sold2422-8.33%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Burlington, MI

Burlington home values range from $20,036 to $1,026,480. The median estimated value of a home in Burlington is $228,682.25. The median list price of a home is 119,900, and the total count of properties in the city is 702.

Foreclosure
There is 1 zips within Burlington, MI; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in 49029 to the lowest value of $0 in 49029. Foreclosure homes account for 0.00% of properties in Burlington, MI with 49029 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Burlington, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Burlington, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Burlington, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Burlington, MI. There is 1 zips within Burlington, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    49029 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Burlington, MI. Auction homes and other auction properties account for 0.14% of all properties in Burlington, MI. There is 1 zips within Burlington, MI; of that zips, the median estimated home value for homes going to auction ranges from $0 in 49029 to the lowest value of $0 in 49029.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.71% of residential properties in Burlington, MI with 49029 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Burlington, MI; homes for sale in that zips, have a range of median values from $340,000 in 49029 to the lowest value of $95,000 in 49029.
    Sold Homes
    The median value for recently sold homes ranges from $961,970 in 49029 to the lowest price of $20,036 in 49029. There is 1 zips within Burlington, MI. 49029 has 24 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.42% of properties in Burlington, MI.

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      Guide for Burlington, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Market Reports
      Burlington Real Estate Values to $499K in March 2024
      Michigan
      Lansing Home Values Surge to $132,500 Amid Real Estate Growth
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Burlington Real Estate Values to $499K in March 2024
      Market Reports|posted 17 April 2024

      An analysis of real estate trends in Burlington, Vermont and nearby cities, looking at patterns in property values, sale prices, and market dynamics.

      Lansing Home Values Surge to $132,500 Amid Real Estate Growth
      Michigan|posted 23 April 2024

      Lansing’s real estate market has seen substantial growth in home values and sales prices from April 2023 to March 2024, positioning the city as an attractive investment prospect.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Recently Listed Homes Burlington, MI

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