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Tallest building in BurlingtonPhoto: Ak1047 · CC BY-SA 4.0
Housing in Burlington

753 homes sold in Burlington in the last year, at a typical $261K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Burlington homes are listed.

Homes sold
753
June 2025 to May 2026
Typical sale price
$261K
houses $279K · condos $189K
Price per square foot
$174
North Carolina $207
Paid vs. asking
97.8%
16% sold over asking
For sale now
193
May 2026 · 55 sold that month
What sold · last 12 months

7% of Burlington’s sales are condos, at $91K less than a house

573 houses and 49 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$279K

typical sale · 573 sold in 12 months

Per square foot
$173NC $207
Days to sell
41
Sold over asking
19%
Listings with a price cut
38%
Condos$189K

typical sale · 49 sold in 12 months

Per square foot
$164NC $275
Days to sell
50
Sold over asking
6%
Listings with a price cut
27%
Fewer sales

Multi-family (2–4 units): 6 sold, typical $260K
Townhouses: 125 sold, typical $253K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

753 sales in the last year, against 1,014 in 2022 and a low of 464 in 2012. The typical sale went from $125K in 2016 to $261K.

Homes soldTypical sale price
02625257871050$75K$150K$225K$300K2012: 464 sold, typical $91K’122013: 522 sold, typical $101K2014: 592 sold, typical $107K’142015: 670 sold, typical $110K2016: 742 sold, typical $125K’162017: 891 sold, typical $149K2018: 886 sold, typical $151K’182019: 908 sold, typical $175K2020: 974 sold, typical $172K’202021: 1003 sold, typical $202K2022: 1014 sold, typical $244K’222023: 835 sold, typical $243K2024: 812 sold, typical $260K’242025: 867 sold, typical $256KLast 12 months: 753 sold, typical $261KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Burlington

Houseat $173 a sq ft
Condoat $164 a sq ft
The same money in North Carolinaat $207 a sq ft

Is this asking price fair?

Check a listing against what Burlington homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Burlington are rarer than before the pandemic, but a third fewer homes come up for sale

We read every month of Burlington’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 753 sales.

If you’re buying in Burlington

  • Shop in October. It brings about 78 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
  • You can negotiate. 34% of listings have cut their price, against 2% before the pandemic.
  • Offer under asking. Buyers paid 97.8% of the list price on average; 16% paid over.
  • You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 49 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

August has the most new listings (about 96 a month), but May is the most competitive: 33% of May sales close over asking. October offers nearly as much choice with fewer homes bid up (26%). February has the least competition (24%).

New listings a monthShare sold over asking
025507510013%27%40%Sweet spotJan: 64 new listings a month, 25% sold over asking, 79 days to sellJFeb: 71 new listings a month, 24% sold over asking, 83 days to sellFMar: 85 new listings a month, 28% sold over asking, 77 days to sellMApr: 85 new listings a month, 31% sold over asking, 62 days to sellAMay: 95 new listings a month, 33% sold over asking, 53 days to sellMJun: 95 new listings a month, 33% sold over asking, 54 days to sellJJul: 87 new listings a month, 33% sold over asking, 53 days to sellJAug: 96 new listings a month, 31% sold over asking, 56 days to sellASep: 84 new listings a month, 32% sold over asking, 55 days to sellSOct: 78 new listings a month, 26% sold over asking, 54 days to sellONov: 67 new listings a month, 29% sold over asking, 54 days to sellNDec: 52 new listings a month, 28% sold over asking, 69 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like North Carolina as a whole

Burlington now2017–192021 peakNC now
Sold over askingShare of sales that closed above the list price16%23%54%17%
Gone within two weeksShare of homes under contract within 14 days29%5%33%30%
Listings with a price cutShare of homes for sale that cut their price34%2%10%27%
Price paid vs. askingAverage sale price ÷ list price97.8%97.7%101.5%97.8%
Days to sellMedian days from listing to contract49872962
Supply

205 homes for sale on a typical day

That’s 1.9 times the 2022 low (109), 30% fewer than in 2017–19 and well under 2014’s 405.

2012: 361 for sale’122013: 385 for sale2014: 405 for sale2015: 345 for sale’152016: 334 for sale2017: 356 for sale2018: 284 for sale’182019: 235 for sale2020: 206 for sale2021: 129 for sale’212022: 109 for sale2023: 141 for sale2024: 196 for sale’242025: 214 for saleLast 12 months: 205 for saleNow
Room to negotiate

1 in 3 listings has cut its price

34% in the last year, against 2% in 2017–19 and 27% across North Carolina. More sellers are pricing high and coming down.

2015: 0%’152016: 4%2017: 3%2018: 2%’182019: 1%2020: 1%2021: 10%’212022: 22%2023: 29%2024: 30%’242025: 35%Last 12 months: 34%Now
Prices by type

Since 2019, houses are up 43%, condos 71%

A house typically sold for $279K in the last year (573 sales), a condo for $189K (49).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $96K, 443 salesHouses 2014: $112K, 502 salesHouses 2015: $121K, 542 salesHouses 2016: $143K, 619 salesHouses 2017: $157K, 750 salesHouses 2018: $160K, 721 salesHouses 2019: $196K, 744 salesHouses 2020: $185K, 798 salesHouses 2021: $214K, 837 salesHouses 2022: $259K, 864 salesHouses 2023: $248K, 709 salesHouses 2024: $268K, 645 salesHouses 2025: $269K, 656 salesHouses last 12 months: $279K, 573 salesHouses $279KCondos 2013: $88K, 45 salesCondos 2014: $94K, 54 salesCondos 2015: $100K, 95 salesCondos 2016: $94K, 79 salesCondos 2017: $91K, 75 salesCondos 2018: $116K, 78 salesCondos 2019: $110K, 97 salesCondos 2020: $144K, 104 salesCondos 2021: $151K, 105 salesCondos 2022: $177K, 70 salesCondos 2023: $169K, 56 salesCondos 2024: $175K, 46 salesCondos 2025: $195K, 47 salesCondos last 12 months: $189K, 49 salesCondos $189K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across North Carolina

Burlington ranks 101st of 224 busy North Carolina markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Burlington is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Burlington home costs about $1,524 a month

Mortgage
Property tax
Insurance
Rent

Price: Burlington’s typical sale, last 12 months. Property tax at Burlington’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Burlington is affordable on local pay is on Cost of living.

Before you buy in Burlington

Six things worth knowing

96

New listings in August

The month with the most choice. December has the fewest, about 52.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $261K home, about $1,950 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Burlington, from test results, graduation and how much students grow.

Schools in Burlington
24 min

Typical commute

The average one-way trip to work for people who live in Burlington.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Burlington, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Burlington753$261K$17416%49
Graham356$349K$1719%74
Gibsonville289$324K$1699%74
Swepsonville101$372K$1736%89
Elon85$445K$17833%66
Glen Raven45$269K$18927%39
Haw River27$270K$18822%100

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Burlington, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Burlington. People who follow the town see it, and so do people comparing Burlington with their own town. No commission, no listing fee.

Questions about buying a home in Burlington

What do homes sell for in Burlington, NC?

753 homes sold in the year to May 2026 at a typical $261K, $174 a square foot. Houses sold for about $279K, condos for about $189K.

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

A seller’s market: 193 homes were for sale in May 2026 and 55 sold, about 3.5 months of supply. Buyers paid 97.8% of asking on average, and 34% of listings cut their price.

When is the best time to buy in Burlington?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Burlington?

About 0.8% of a home’s value a year. On a $261K home that’s near $1,950.

Where can I see homes for sale in Burlington?

Zillow, Redfin, Realtor.com and Homes.com all carry Burlington’s MLS listings; the search links above open each one filtered to Burlington.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).