Foreclosure Homes in Burlington, VT 05403

Current Market Conditions in Burlington, VT

The real estate market in Burlington is currently experiencing growth, with increasing demand for single-family homes and condominiums. Home values have been on the rise, highlighting the interest from both local and out-of-state buyers looking to settle in this desirable location.

The limited inventory in the market has led to competitive bidding situations, making it an opportune time for investors to explore properties before they appreciate further. Rental properties are also in demand due to the influx of students and young professionals, indicating potential for profitable investment in multi-family homes.

Rent Prices In Burlington, VT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burlington, VT, is on a rollercoaster ride. The average rent price in Burlington, VT, is $1,700.00. Indeed, when looking to rent in Burlington, VT, you can expect to pay as little as $900.00 or as much as $3,880.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Burlington, VT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.