Home Values

Burlington County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$212,500

  • 2.9% 1-year change
  • 1.5% 1-year forecast

The median home value in Burlington County is $212,500. Burlington County home values have gone up 2.9% over the past year and Zillow predicts they will rise 1.5% within the next year. The median list price per square foot in Burlington County is $126, which is higher than the Philadelphia Metro average of $126. The median price of homes currently listed in Burlington County is $209,000 while the median price of homes that sold is $210,475. The median rent price in Burlington County is $1,400, which is higher than the Philadelphia Metro median of $1,300.

Foreclosures will be a factor impacting home values in the next several years. In Burlington County 0.6 homes are foreclosed (per 10,000). This is lower than the Philadelphia Metro value of 3.1 and also lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Burlington County is 14.4%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Burlington County homeowners underwater on their mortgage is 21.0%, which is higher than Philadelphia Metro at 18.1%.

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Relative ZHVI
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Burlington County Market Overview

Data through Jan 31, 2015
  • $212,500 ZHVI
  • 1.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $209,000 Median listing price
  • $210,475 Median sale price
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Burlington County Market Health

Data through Jan 31, 2015
  • 2.8/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • 149 Average days on Zillow (Dec 31, 2014)
  • 21.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 14.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

0.6 homes Burlington County
3.1 homes Philadelphia Metro
4 homes United States
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Cities in Burlington County

Name Median ZHVI
Shamong $301,900
Tabernacle $273,300
Medford Lakes $267,500
Name Median ZHVI
Southampton $236,700
Presidential Lakes Estates $167,400
Pemberton Township $158,200
Name Median ZHVI
Country Lake Estates $153,600
Browns Mills $148,100
Leisuretowne $121,000

Listings & Sales

Data through Jan 31, 2015
  • $126 Median list price / sq ft
  • $128 Median sale price / sq ft
  • No data Listings with price cut
33.0%
Sold below listing
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Burlington County Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,689 Burlington County
    $1,546 Philadelphia Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,400 Rent list price
  • $1.18 Rent list price / sq ft
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