Burlington, NC Home Values & Market Trends
Real estate market trends reflect that there have been 1,559 transactions over the past year in Burlington. The median value for residential home transactions that occurred over the previous year is $226,787.05. The number of current listings in Burlington is 146, and the percentage of properties for sale in the city is 146.00%. Burlington, NC currently has 31 properties in foreclosure, 0 bank owned properties, 6 properties headed for auction, and 146 properties for sale.
Burlington, NC Real Estate Market Overview
Housing Market Summary for Burlington, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $285K | $220.1K | -22.77% |
| Median Sold Price | $210.6K | $220.1K | 4.51% |
| Homes For Sale | 87 | 94 | 8.05% |
| Homes Sold | 747 | 461 | -38.29% |
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 Burlington, NC
Browse Homes in Burlington, NC
Burlington home values range from $13,284 to $5,206,834. The median estimated value of a home in Burlington is $226,787.05. The median list price of a home is 269,750, and the total count of properties in the city is 28,780.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% of all residential properties in Burlington, NC with 27217 containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Burlington, NC; of those zips, the estimated home value for pre-foreclosure homes ranges from $526,219 in 27217 to the lowest home value of $83,078 in 27215.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Burlington, NC 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, NC. There are 2 zips within Burlington, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions27217 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Burlington, NC. Auction homes and other auction properties account for 0.02% of all properties in Burlington, NC. There are 2 zips within Burlington, NC; of those zips, the median estimated home value for homes going to auction ranges from $409,105 in 27215 to the lowest value of $177,141 in 27215.
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More Real Estate Resources for Burlington, NC
Guide for Burlington, NC
North Carolina Foreclosure Laws
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