Home Values

South Burlington 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

$253,100

  • 4.9% 1-year change
  • 3.4% 1-year forecast

The median home value in South Burlington is $253,100. South Burlington home values have gone up 4.9% over the past year and Zillow predicts they will rise 3.4% within the next year. The median rent price in South Burlington is $1,800, which is higher than the Burlington Metro median of $1,600.

Foreclosures will be a factor impacting home values in the next several years. In South Burlington 0.9 homes are foreclosed (per 10,000). This is lower than the national value of 3.8

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 South Burlington homeowners underwater on their mortgage is 10.7%.

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Relative ZHVI
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South Burlington Market Overview

Data through Jun 30, 2015
  • $253,100 ZHVI
  • 3.4% 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
    (Jun 30, 2016)
  • No data Median listing price
  • $232,200 Median sale price
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South Burlington Market Health

Data through Jun 30, 2015
  • 9.0/10 Very 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.
  • No data Average days on Zillow
  • 10.7% Homes with negative equity (15.4% US Avg) (Sep 30, 2013)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Cities

Name Median ZHVI
Charlotte $516,800
Williston $303,000
Town of Jericho $286,400
Name Median ZHVI
Essex $270,200
Burlington $262,000
Colchester $252,900
Name Median ZHVI
Essex Junction $247,500
Town of Milton $231,200
Winooski $216,600

Listings & Sales

  • No data
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South Burlington Rentals

Data through Jun 30, 2015
  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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