08016 Home Values & Market Trends
There are 29 homes currently listed for 08016. 08016 real estate market trends show that home prices range from $180,000 to $695,000, and the median sales price in the 08016 zip code is $367,807.47. The total number of properties sold within the past twelve months is 450. In 08016, 219 properties are in foreclosure, 2 are bank owned properties,and 14 are headed for auction.
08016 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Burlington | $ 280,350 $ 170/sqft |
Housing Market Summary for 08016
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $312.5K | $294.1K | -5.89% |
| Median Sold Price | $277K | $294.1K | 6.17% |
| Homes For Sale | 28 | 35 | 25.00% |
| Homes Sold | 249 | 222 | -10.84% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 08016
Browse Homes in 08016
The median list price of a home in Burlington, is $367,807.47. A total of 29 properties are for sale, and the percentage of properties for sale in the zip code is 29.00%. The total count of 08016 properties is 10,543.
- Pre-ForeclosurePre-foreclosure homes account for 1.93% of all residential properties in 08016 with burlington containing 203 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08016; of that cities, the estimated home value for pre-foreclosure homes ranges from $776,900 in burlington to the lowest home value of $119,500 in burlington.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08016 ranges from the highest value of $164,800 in burlington to the lowest value of $153,000 in burlington. Bank owned homes and properties account for 0.02% of properties in 08016. There is 1 cities within 08016; burlington containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsburlington has 14 auction properties, the highest number of properties going to auction in a single city in the state of 08016. Auction homes and other auction properties account for 0.13% of all properties in 08016. There is 1 cities within 08016; of that cities, the median estimated home value for homes going to auction ranges from $781,900 in burlington to the lowest value of $158,500 in burlington.
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More Real Estate Resources for 08016
Guide for 08016
An analysis of real estate trends in Burlington, Vermont and nearby cities, looking at patterns in property values, sale prices, and market dynamics.
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Learn how a short sale can stop the foreclosure process.
