Burlington Housing Market Update: Prices Slide, Listings Active Into March
Burlington, VT – March 15, 2026 – Home prices are down year-over-year as listings sit longer, with buyers seeing more room to negotiate.
Burlington Housing Market Update
The local market is showing cooler pricing and longer selling times compared to a year ago, while active listings remain steady heading into spring.
Top takeaways
- Median sale price: $425,000 in February 2026, down 18.2% year-over-year.
- 15 homes sold in February, compared to 18 last year.
- Median days on market rose to 103 days, up from 73 days a year ago.
Market snapshot
According to Redfin data for February 2026, Burlington’s median sale price fell to $425K. Homes are taking longer to sell, averaging just over three months on market. Closed sales also dipped year-over-year, suggesting a slower pace compared to early 2025.
Despite softer prices, the market is still described as somewhat competitive, with select properties selling close to list price. Recent March closings show a mix of outcomes, with some homes selling a few percentage points under asking and others moving near list after several weeks on the market.
What’s for sale now
Zillow shows 68 active listings across the city in early March. Current asking prices range widely:
- Single-family homes in the $480K–$775K range in neighborhoods such as the New North End and near Colchester Avenue.
- Multi-unit properties and larger homes listed above $1.3M near South Union Street.
- Condos and smaller homes priced around $350K and up, offering relatively lower entry points.
Some listings reflect recent price cuts, signaling sellers may be adjusting expectations as buyers weigh higher borrowing costs and longer decision timelines.
With inventory available and homes sitting longer than last year, early spring could offer negotiating room for buyers who have been waiting on the sidelines. Sellers, meanwhile, may need strategic pricing to stand out.
Are you seeing more price reductions or steady demand in your neighborhood this month?
Sources
https://www.redfin.com/city/2749/VT/Burlington/housing-market
https://www.redfin.com/city/2749/VT/Burlington
https://www.zillow.com/burlington-vt/