Is Burlington, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burlington is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Burlington has remained a Seller's Market.

Key Takeaway

Burlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Burlington, WI

How much do homes in Burlington, WI cost?

Median Sold Price

$345,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$750(-0.2%)

Key Takeaway

The sold price of homes in Burlington has remained the same since last year.

Summary: The median home sold price in Burlington was $345,000 in November 2024, down 0.2% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $205K$196.5K
-4.1%
2 $220K$270.2K
+22.8%
3 $332.4K$330.5K
-0.6%
4 $396K$449.5K
+13.5%
5+ $580.2K$662.5K
+14.2%

Summary: Burlington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 22.8%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 14.2%.

Median Sold Price Compared To Nearby Cities

Spring Prairie
+13.8%
Burlington
-0.2%
Rochester
-9.5%

Housing Supply in Burlington, WI

How many homes are available in Burlington, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9884-14.3%

Summary: The Burlington real estate market had 84 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 129
-25.0%
3 5043
-14.0%
4 2622
-15.4%
5+ 910
+11.1%

Summary: The Burlington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3027-10.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burlington, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Burlington in November 2024, down by 10.0% month-over-month. Of the 27 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.

Days on Market for Burlington, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Burlington, WI

Nearby Markets to Burlington, WI

What housing markets are near Burlington, WI?