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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Burlington, CT Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Burlington, CT Housing Market Trends

With 9,710 people, 3,206 houses or apartments, and a median cost of homes of $491,105, Burlington real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Burlington, accounting for 89.86% of the town's housing units. Other types of housing that are prevalent in Burlington include duplexes, homes converted to apartments or other small apartment buildings ( 5.46%), row houses and other attached homes ( 2.62%), and a few large apartment complexes or high rise apartments ( 1.63%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Burlington. Owner-occupied housing accounts for 91.38% of Burlington's homes, and 81.49% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Burlington built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Burlington built between 1940-1969 ( 18.89%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.06%). There's also some housing in Burlington built before 1939 ( 7.61%).

Burlington Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Burlington, where house values have increased just 43.35%, which is annualized rate of 3.67%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Appreciation rates are so strong in Burlington that despite a nationwide downturn in the housing market, Burlington real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Burlington appreciation rates continue to be some of the highest in America, at 7.81%, which is higher than appreciation rates in 83.86% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Burlington. Burlington appreciation rates in the latest quarter were at 0.29%, which equates to an annual appreciation rate of 1.17%.

Relative to Connecticut, our data show that Burlington's latest annual appreciation rate is lower than 50% of the other cities and towns in Connecticut.

Average Home Values

Median Home Value

$491,105

Burlington, CT Home Prices
> $1,299,000
$975,001 - $1,299,000
$649,001 - $975,000
$519,001 - $649,000
$390,001 - $519,000
$260,001 - $390,000
$130,001 - $260,000
$65,001 - $130,000
$0 - $65,000
0.6%
0.6%
1.7%
1.7%
19.3%
19.3%
22.3%
22.3%
34.3%
34.3%
17.7%
17.7%
2.4%
2.4%
0.6%
0.6%
1.0%
1.0%
0% 100.0%
% of Homes
High

for Connecticut

Very High

for nation

Number of Homes And Apartments:

3,206

Burlington Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,565 / per month

Homeownership Rate

Owners
Renters
91.4%
91.4%
8.6%
8.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.8%
6.8%
93.2%
93.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
17.1%
17.1%
56.4%
56.4%
18.9%
18.9%
7.6%
7.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
89.9%
89.9%
2.6%
2.6%
5.5%
5.5%
1.6%
1.6%
0.4%
0.4%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.6%
0.6%
1.2%
1.2%
11.6%
11.6%
46.8%
46.8%
34.7%
34.7%
5.1%
5.1%
0% 100.0%
% of Homes

Popular Neighborhoods in Burlington

Zip Codes in Burlington, CT