BURLINGTON - SOUTH BURLINGTON Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Burlington - South Burlington averaged 6.61% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.72% and one month ago for the week of 2024-10-10, the average rate was 6.25%.

    Burlington - South Burlington's average rate one year ago was 7.53%.

    For refis of the same type during the week of 2024-11-14, the average rate was 6.35%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Burlington - South Burlington 30 Year Fixed Rate 2024-11-14 6.61%
    Burlington - South Burlington 30 Year Fixed Rate Refi 2024-11-14 6.35%
    Burlington - South Burlington 15 Year Fixed Rate 2024-11-14 6.53%
    Burlington - South Burlington 15 Year Fixed Rate Refi 2024-11-14 6.19%
    Burlington - South Burlington 30 Year FHA 2024-11-14 -0.12%
    Burlington - South Burlington 30 Year FHA Refi 2024-11-14 0.2%
    Burlington - South Burlington 30 Year USDA 2024-11-14 0.2%
    Burlington - South Burlington 30 Year USDA Refi 2024-11-14 0.2%
    Burlington - South Burlington 30 Year VA 2024-11-14 0.14%
    Burlington - South Burlington 30 Year VA Refi 2024-11-14 -0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BURLINGTON-SOUTH BURLINGTON, VT.

    BURLINGTON - SOUTH BURLINGTON Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BURLINGTON-SOUTH BURLINGTON, VT market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    NEW ENGLAND FEDERAL CREDIT UNION 381 6.51% $4,239
    NORTHEAST HOME LOAN, LLC 255 6.69% $6,089
    Union Bank 106 6.73% $5,293
    Vermont Federal Credit Union 105 6.44% $3,957
    QUICKEN LOANS, LLC 55 6.67% $9,027
    CMG MORTGAGE, INC. 53 7.02% $6,723
    Community Bank 46 6.81% $553
    Northfield Savings Bank 34 5.98% $3,831
    DRAPER AND KRAMER MORTGAGE CORP. 31 6.87% $5,108
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 30 6.82% $6,854
    UNITED WHOLESALE MORTGAGE, LLC 29 6.55% $4,945
    Mascoma Bank 28 6.65% $5,492
    HOMEBRIDGE FINANCIAL SERVICES, INC. 27 6.48% $7,630
    PENNYMAC LOAN SERVICES, LLC 23 6.28% $5,921
    M&T Bank 21 6.43% $4,958
    American Mortgage & Equity Consultants, Inc. 20 7.34% $5,685
    TD Bank 20 6.21% $3,860
    NORTH COUNTRY 19 7.24% $3,821
    Morgan Stanley Private Bank 19 5.81% $5,175
    ACADEMY MORTGAGE CORPORATION 18 6.92% $7,749
    Citizens Bank 13 6.86% $6,917
    JPMorgan Chase Bank 11 6.14% $6,410
    KeyBank 10 6.73% $4,402
    MOVEMENT MORTGAGE, LLC 9 6.96% $7,089
    NAVY FEDERAL CREDIT UNION 9 6.29% $3,432
    NBT Bank 8 5.78% $4,592
    LOANDEPOT.COM, LLC 8 6.64% $9,868
    Mr. Cooper ( Nationstar Mortgage ) 7 6.53% $11,199
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 7.31% $11,784
    Community National Bank 6 7.02% $3,746
    EMM LOANS LLC 6 6.83% $6,872
    Wells Fargo Bank 5 5.95% $4,683
    GUARANTEED RATE, INC. 4 7.31% $8,267
    Bank of America 4 6.22% $6,115
    CROSSCOUNTRY MORTGAGE, LLC 4 7.22% $8,302
    NBKC BANK 3 6.63% $6,370
    U.S. Bank 3 6.17% $5,935
    The Huntington National Bank 3 6.29% $7,563
    LAKEVIEW LOAN SERVICING, LLC 3 6.38% $11,386
    AMERISAVE MORTGAGE CORPORATION 3 6.04% $9,774
    RELIANCE FIRST CAPITAL, LLC 3 7.25% $13,327
    Paramount Residential Mortgage Group, Inc. 3 6.54% $6,792
    BETTER MORTGAGE CORPORATION 2 6.50% $4,792
    Ally Bank 2 6.81% $9,541
    Arvest Bank 2 6.69% $5,473
    Leader Bank 2 6.19% $4,663
    Mortgage Research Center, LLC 2 6.88% $5,466
    NEWREZ LLC 2 6.81% $7,310
    PNC Bank 2 6.13% $4,538
    UBS Bank USA 2 6.69% $6,371
    GUILD MORTGAGE COMPANY 1 6.88% $4,757
    GUARANTEED RATE AFFINITY, LLC 1 7.63% $7,714
    First Republic Bank 1 4.95% $4,702
    Bank of England 1 6.88% $4,777
    North American Savings Bank, F.S.B. 1 6.88% $6,812
    First National Bank of America 1 10.00% $12,063
    Farm Credit East, ACA 1 8.25% $6,473
    Evolve Bank & Trust 1 6.00% $4,132
    Northpointe Bank 1 5.99% $5,406
    Northwest Bank 1 6.75% $5,592
    OceanFirst Bank 1 7.38% $4,360
    ENVOY MORTGAGE, LTD 1 6.00% $8,627
    Easthampton Savings Bank 1 5.25% $3,521
    Wilmington Savings Fund Society, FSB 1 7.49% $8,890
    PREMIA MORTGAGE, LLC 1 7.00% $380
    Colonial Savings, F.A. 1 7.50% $4,633
    RBC Bank, (Georgia) 1 5.88% $6,846
    Citibank 1 6.38% $13,849
    Semper Home Loans, Inc. 1 6.63% $10,912
    STAR ONE CREDIT UNION 1 6.25% $3,447
    Citadel Servicing Corporation 1 7.88% $10,381
    TEACHERS 1 5.63% $3,621
    The Camden National Bank 1 6.49% $4,135
    Century Mortgage Company DBA Century Lending Company 1 7.00% $9,711
    Toyota Financial Savings Bank 1 5.50% $7,580
    WINGS FINANCIAL 1 6.00% $3,447
    CENTRAL ONE FEDERAL CREDIT UNION 1 6.74% $2,913
    BMO Harris Bank 1 6.00% $5,352
    USAA Federal Savings Bank 1 6.63% $5,237
    21ST MORTGAGE CORPORATION 1 6.90% $6,676
    US MORTGAGE CORPORATION 1 6.88% $14,041
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.25% $3,933
    Bethpage Federal Credit Union 1 6.25% $4,674
    MEMBERS 1ST FEDERAL CREDIT UNION 1 6.00% $5,443
    MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 1 6.88% $4,247
    HARBORONE MORTGAGE, LLC 1 7.00% $4,665

    BURLINGTON - SOUTH BURLINGTON Average Closing Costs & Other Stats

    BURLINGTON-SOUTH BURLINGTON, VT's 86 lenders originated 4,212 loans during 2023. The total origination value was $1,082,330,000, with an average loan value of $256,963.

    BURLINGTON - SOUTH BURLINGTON's average closing costs are $4,497.

    The top BURLINGTON - SOUTH BURLINGTON lender as defined by loan originations is NEW ENGLAND FEDERAL CREDIT UNION, with 381 loans originated. Their average total fees are $4,239, which is $1,850 lower than the next largest lender, NORTHEAST HOME LOAN, LLC.

    The lowest fee BURLINGTON - SOUTH BURLINGTON lenders (with over 10 loans originated) are Community Bank ($553), NORTH COUNTRY ($3,821), Northfield Savings Bank ($3,831), TD Bank ($3,860) and Vermont Federal Credit Union ($3,957).

    The lowest rate BURLINGTON - SOUTH BURLINGTON lenders (with over 10 loans originated) are Morgan Stanley Private Bank (5.81%), Northfield Savings Bank (5.98%), JPMorgan Chase Bank (6.14%), TD Bank (6.21%) and PENNYMAC LOAN SERVICES, LLC (6.28%).

    BURLINGTON-SOUTH BURLINGTON, VT Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    NEW ENGLAND FEDERAL CREDIT UNION $403,175,000 $241,970,000 -40.0% 22.4%
    NORTHEAST HOME LOAN, LLC $78,770,000 $102,275,000 29.8% 9.4%
    Vermont Federal Credit Union $86,525,000 $79,125,000 -8.6% 7.3%
    M&T Bank $42,215,000 $53,290,000 26.2% 4.9%
    Union Bank $75,620,000 $47,095,000 -37.7% 4.4%
    TD Bank $32,200,000 $35,960,000 11.7% 3.3%
    Community Bank $76,070,000 $34,700,000 -54.4% 3.2%
    QUICKEN LOANS, LLC $52,040,000 $31,415,000 -39.6% 2.9%
    Peoples Trust Company of St. Albans $32,695,000 $29,565,000 -9.6% 2.7%
    CMG MORTGAGE, INC. $1,070,000 $27,580,000 2,477.6% 2.5%
    Northfield Savings Bank $34,795,000 $24,595,000 -29.3% 2.3%
    JPMorgan Chase Bank $20,280,000 $24,285,000 19.7% 2.2%
    Mascoma Bank $65,750,000 $24,195,000 -63.2% 2.2%
    NORTH COUNTRY $49,330,000 $21,950,000 -55.5% 2.0%
    Citizens Bank $63,015,000 $20,665,000 -67.2% 1.9%
    Morgan Stanley Private Bank $9,030,000 $17,845,000 97.6% 1.6%
    ACADEMY MORTGAGE CORPORATION $21,235,000 $17,065,000 -19.6% 1.6%
    PENNYMAC LOAN SERVICES, LLC $29,410,000 $16,235,000 -44.8% 1.5%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $64,975,000 $15,365,000 -76.4% 1.4%
    NBT Bank $45,515,000 $14,975,000 -67.1% 1.4%
    UNITED WHOLESALE MORTGAGE, LLC $25,145,000 $14,060,000 -44.1% 1.3%
    DRAPER AND KRAMER MORTGAGE CORP. $22,620,000 $13,380,000 -40.8% 1.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $30,320,000 $13,100,000 -56.8% 1.2%
    American Mortgage & Equity Consultants, Inc. $10,895,000 n/a 1.0%
    Mortgage Research Center, LLC $15,280,000 $9,270,000 -39.3% 0.9%
    The National Bank of Middlebury $3,915,000 $9,035,000 130.8% 0.8%
    NAVY FEDERAL CREDIT UNION $6,665,000 $7,820,000 17.3% 0.7%
    KeyBank $28,295,000 $7,800,000 -72.4% 0.7%
    Community National Bank $33,655,000 $5,780,000 -82.8% 0.5%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $15,290,000 $5,715,000 -62.6% 0.5%
    LOANDEPOT.COM, LLC $12,075,000 $4,960,000 -58.9% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $10,160,000 $4,905,000 -51.7% 0.5%
    MOVEMENT MORTGAGE, LLC $11,980,000 $4,245,000 -64.6% 0.4%
    Bank of America $14,020,000 $3,680,000 -73.8% 0.3%
    USAA Federal Savings Bank $3,610,000 $3,620,000 0.3% 0.3%
    U.S. Bank $4,440,000 $3,215,000 -27.6% 0.3%
    Paramount Residential Mortgage Group, Inc. $6,610,000 $3,105,000 -53.0% 0.3%
    NBKC BANK $5,285,000 $3,075,000 -41.8% 0.3%
    GUARANTEED RATE, INC. $1,690,000 $3,055,000 80.8% 0.3%
    Wells Fargo Bank $14,165,000 $3,050,000 -78.5% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $1,735,000 $2,860,000 64.8% 0.3%
    RELIANCE FIRST CAPITAL, LLC $570,000 $2,450,000 329.8% 0.2%
    EMM LOANS LLC $2,480,000 $2,435,000 -1.8% 0.2%
    First Republic Bank $5,215,000 $2,265,000 -56.6% 0.2%
    UBS Bank USA $2,960,000 $2,020,000 -31.8% 0.2%
    FREEDOM MORTGAGE CORPORATION $5,380,000 $1,970,000 -63.4% 0.2%
    RBC Bank, (Georgia) $1,875,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $2,480,000 $1,800,000 -27.4% 0.2%
    The Huntington National Bank $475,000 $1,685,000 254.7% 0.2%
    PENTAGON FEDERAL CREDIT UNION $1,075,000 $1,550,000 44.2% 0.1%
    Toyota Financial Savings Bank $475,000 $1,485,000 212.6% 0.1%
    PNC Bank $6,380,000 $1,465,000 -77.0% 0.1%
    AMERISAVE MORTGAGE CORPORATION $5,740,000 $1,375,000 -76.0% 0.1%
    MEMBERS ADVANTAGE COMMUNITY CREDIT UNION $415,000 $1,310,000 215.7% 0.1%
    Northpointe Bank $1,100,000 $1,095,000 -0.5% 0.1%
    Leader Bank $810,000 $1,085,000 34.0% 0.1%
    ENVOY MORTGAGE, LTD $3,840,000 $1,030,000 -73.2% 0.1%
    Bethpage Federal Credit Union $990,000 n/a 0.1%
    ONE Credit Union $820,000 $950,000 15.9% 0.1%
    Figure Lending LLC $735,000 $890,000 21.1% 0.1%
    NEWREZ LLC $3,590,000 $795,000 -77.9% 0.1%
    BETTER MORTGAGE CORPORATION $5,180,000 $780,000 -84.9% 0.1%
    Citibank $5,650,000 $755,000 -86.6% 0.1%
    Northwest Bank $755,000 n/a 0.1%
    Carrington Mortgage Services, LLC $3,750,000 $725,000 -80.7% 0.1%
    The Central Trust Bank $705,000 $725,000 2.8% 0.1%
    The Northern Trust Company $235,000 $705,000 200.0% 0.1%
    LENDINGONE, LLC $610,000 n/a 0.1%
    MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $605,000 n/a 0.1%
    Citadel Servicing Corporation $315,000 $590,000 87.3% 0.1%
    Cornerstone First Mortgage, Inc $545,000 n/a 0.1%
    OceanFirst Bank $545,000 n/a 0.1%
    Wilmington Savings Fund Society, FSB $545,000 n/a 0.1%
    BMO Harris Bank $530,000 n/a 0.0%
    Goldman Sachs Bank USA $2,215,000 $525,000 -76.3% 0.0%
    Ally Bank $1,305,000 $520,000 -60.2% 0.0%
    First Savings Bank $485,000 n/a 0.0%
    Arvest Bank $2,125,000 $480,000 -77.4% 0.0%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,625,000 $480,000 -70.5% 0.0%
    GUARANTEED RATE AFFINITY, LLC $575,000 $475,000 -17.4% 0.0%
    HARBORONE MORTGAGE, LLC $485,000 $475,000 -2.1% 0.0%
    PREMIA MORTGAGE, LLC $485,000 $475,000 -2.1% 0.0%
    Discover Bank $535,000 $435,000 -18.7% 0.0%
    MID AMERICA MORTGAGE, INC. $435,000 n/a 0.0%
    VANDERBILT MORTGAGE AND FINANCE, INC. $435,000 n/a 0.0%
    Farm Credit East, ACA $750,000 $430,000 -42.7% 0.0%
    LONGBRIDGE FINANCIAL, LLC $425,000 n/a 0.0%
    First National Bank of America $455,000 $415,000 -8.8% 0.0%
    Valley National Bank $405,000 n/a 0.0%
    Service Federal Credit Union $475,000 $400,000 -15.8% 0.0%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $845,000 $395,000 -53.3% 0.0%
    US MORTGAGE CORPORATION $395,000 n/a 0.0%
    TEACHERS $390,000 n/a 0.0%
    Colonial Savings, F.A. $465,000 $385,000 -17.2% 0.0%
    Flagstar Bank, FSB $2,815,000 $380,000 -86.5% 0.0%
    21ST MORTGAGE CORPORATION $920,000 $360,000 -60.9% 0.0%
    BNC National Bank $1,305,000 $355,000 -72.8% 0.0%
    The Camden National Bank $355,000 n/a 0.0%
    CENTRAL ONE FEDERAL CREDIT UNION $75,000 $345,000 360.0% 0.0%
    DOMINION FINANCIAL SERVICES, LLC $335,000 n/a 0.0%
    BROKER SOLUTIONS, INC. $3,015,000 $330,000 -89.1% 0.0%
    FINANCE OF AMERICA REVERSE LLC $335,000 $320,000 -4.5% 0.0%
    Evolve Bank & Trust $920,000 $315,000 -65.8% 0.0%
    American Airlines Federal Credit Union $305,000 n/a 0.0%
    Easthampton Savings Bank $305,000 n/a 0.0%
    MEMBERS 1ST FEDERAL CREDIT UNION $305,000 n/a 0.0%
    Semper Home Loans, Inc. $305,000 n/a 0.0%
    North American Savings Bank, F.S.B. $1,300,000 $295,000 -77.3% 0.0%
    LIBERTY HOME MORTGAGE CORPORATION $285,000 n/a 0.0%
    Bank of England $275,000 n/a 0.0%
    STAR ONE CREDIT UNION $645,000 $275,000 -57.4% 0.0%
    Century Mortgage Company DBA Century Lending Company $8,590,000 $265,000 -96.9% 0.0%
    WINGS FINANCIAL $265,000 n/a 0.0%
    GREYLOCK $255,000 n/a 0.0%
    Hometown Equity Mortgage, LLC $245,000 n/a 0.0%
    CARDINAL FINANCIAL $3,855,000 $235,000 -93.9% 0.0%
    GUILD MORTGAGE COMPANY $700,000 $215,000 -69.3% 0.0%
    AMERICAN FINANCIAL RESOURCES, INC. $185,000 n/a 0.0%
    AMERICAN FINANCING CORPORATION $185,000 n/a 0.0%
    The Federal Savings Bank $1,170,000 $185,000 -84.2% 0.0%
    ON Q FINANCIAL, INC. $165,000 n/a 0.0%
    TRIAD FINANCIAL SERVICES, INC. $125,000 n/a 0.0%
    DIGITAL Federal Credit Union $295,000 $120,000 -59.3% 0.0%
    United States Senate Federal Credit Union $75,000 n/a 0.0%
    Baxter Credit Union $25,000 $35,000 40.0% 0.0%
    HARVARD UNIVERSITY EMPLOYEES $445,000 $35,000 -92.1% 0.0%
    School Systems FCU $5,000 n/a 0.0%

    BURLINGTON - SOUTH BURLINGTON's top lender by overall market share is NEW ENGLAND FEDERAL CREDIT UNION, with 22.4% market share. In second place, with 9.4%, is NORTHEAST HOME LOAN, LLC, having originated $102,275,000 in loans. In third place, with 7.3%, is Vermont Federal Credit Union, having originated $79,125,000 in loans. In fourth place, with 4.9%, is M&T Bank, having originated $53,290,000 in loans. In fifth place, with 4.4%, is Union Bank, having originated $47,095,000 in loans.

    BURLINGTON - SOUTH BURLINGTON Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - BURLINGTON - SOUTH BURLINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $299,700 (0.6%) $383,498 (2.5%) 1.11 739
    2018-02-01 $299,900 (0.0%) $387,393 (1.2%) 1.09 707
    2018-03-01 $299,950 (-4.8%) $386,713 (-1.0%) 1.05 728
    2018-04-01 $314,950 (0.1%) $396,415 (3.6%) 1.07 754
    2018-05-01 $319,450 (0.0%) $401,608 (2.8%) 1.07 813
    2018-06-01 $320,000 (0.0%) $401,100 (1.3%) 1.07 907
    2018-07-01 $320,892 (-1.0%) $399,656 (0.9%) 1.07 952
    2018-08-01 $317,750 (-0.3%) $394,423 (0.6%) 1.06 992
    2018-09-01 $315,000 (0.2%) $402,499 (2.2%) 1.06 975
    2018-10-01 $309,900 (2.5%) $399,985 (3.2%) 1.05 961
    2018-11-01 $308,500 (2.9%) $395,877 (3.1%) 1.05 908
    2018-12-01 $305,000 (1.7%) $389,199 (2.2%) 1.05 807
    2019-01-01 $305,000 (1.8%) $379,914 (-0.9%) 1.05 728
    2019-02-01 $309,450 (3.2%) $385,842 (-0.4%) 1.05 718
    2019-03-01 $314,929 (5.0%) $393,548 (1.8%) 1.03 722
    2019-04-01 $319,450 (1.4%) $402,634 (1.6%) 1.01 723
    2019-05-01 $320,000 (0.2%) $408,487 (1.7%) 1.00 756
    2019-06-01 $324,900 (1.5%) $410,875 (2.4%) 1.02 802
    2019-07-01 $325,000 (1.3%) $410,111 (2.6%) 1.02 835
    2019-08-01 $326,091 (2.6%) $415,531 (5.4%) 1.03 853
    2019-09-01 $327,727 (4.0%) $425,862 (5.8%) 1.05 837
    2019-10-01 $329,450 (6.3%) $434,785 (8.7%) 1.06 809
    2019-11-01 $329,000 (6.7%) $430,532 (8.8%) 1.08 725
    2019-12-01 $323,600 (6.1%) $409,136 (5.1%) 1.08 643
    2020-01-01 $324,900 (6.5%) $410,022 (7.9%) 1.09 562
    2020-02-01 $325,000 (5.0%) $413,361 (7.1%) 1.06 536
    2020-03-01 $339,900 (7.9%) $427,432 (8.6%) 1.07 546
    2020-04-01 $349,500 (9.4%) $433,935 (7.8%) 1.09 533
    2020-05-01 $350,000 (9.4%) $445,070 (9.0%) 1.06 546
    2020-06-01 $377,000 (16.0%) $476,105 (15.9%) 1.11 535
    2020-07-01 $377,450 (16.1%) $472,357 (15.2%) 1.09 504
    2020-08-01 $369,900 (13.4%) $481,500 (15.9%) 1.06 469
    2020-09-01 $372,450 (13.7%) $479,793 (12.7%) 1.07 470
    2020-10-01 $392,750 (19.2%) $487,945 (12.2%) 1.13 440
    2020-11-01 $393,875 (19.7%) $492,611 (14.4%) 1.15 384
    2020-12-01 $398,000 (23.0%) $489,074 (19.5%) 1.18 315
    2021-01-01 $399,000 (22.8%) $472,510 (15.2%) 1.19 274
    2021-02-01 $397,888 (22.4%) $487,772 (18.0%) 1.16 222
    2021-03-01 $422,950 (24.4%) $524,182 (22.6%) 1.20 219
    2021-04-01 $419,975 (20.2%) $499,073 (15.0%) 1.14 259
    2021-05-01 $419,900 (20.0%) $509,262 (14.4%) 1.12 268
    2021-06-01 $427,250 (13.3%) $502,218 (5.5%) 1.12 319
    2021-07-01 $420,000 (11.3%) $498,207 (5.5%) 1.11 340
    2021-08-01 $429,950 (16.2%) $502,600 (4.4%) 1.15 321
    2021-09-01 $424,925 (14.1%) $512,204 (6.8%) 1.13 300
    2021-10-01 $424,900 (8.2%) $508,813 (4.3%) 1.13 247
    2021-11-01 $401,250 (1.9%) $512,178 (4.0%) 1.07 223
    2021-12-01 $421,225 (5.8%) $529,827 (8.3%) 1.14 184
    2022-01-01 $430,000 (7.8%) $504,104 (6.7%) 1.16 138
    2022-02-01 $451,888 (13.6%) $495,080 (1.5%) 1.18 130
    2022-03-01 $459,725 (8.7%) $510,896 (-2.5%) 1.15 137
    2022-04-01 $429,900 (2.4%) $495,522 (-0.7%) 1.02 159
    2022-05-01 $437,000 (4.1%) $533,471 (4.8%) 1.00 182
    2022-06-01 $480,750 (12.5%) $565,683 (12.6%) 1.07 237
    2022-07-01 $475,000 (13.1%) $558,955 (12.2%) 1.07 265
    2022-08-01 $466,950 (8.6%) $573,833 (14.2%) 1.08 252
    2022-09-01 $467,225 (10.0%) $555,807 (8.5%) 1.09 254
    2022-10-01 $469,900 (10.6%) $549,457 (8.0%) 1.11 261
    2022-11-01 $462,425 (15.3%) $589,776 (15.2%) 1.11 239
    2022-12-01 $479,000 (13.7%) $609,726 (15.1%) 1.18 188
    2023-01-01 $461,200 (7.3%) $624,516 (23.9%) 1.14 166
    2023-02-01 $468,675 (3.7%) $620,194 (25.3%) 1.13 170
    2023-03-01 $479,000 (4.2%) $628,909 (23.1%) 1.13 159
    2023-04-01 $472,200 (9.8%) $536,822 (8.3%) 1.10 180
    2023-05-01 $490,000 (12.1%) $554,491 (3.9%) 1.11 212
    2023-06-01 $498,950 (3.8%) $601,383 (6.3%) 1.12 221
    2023-07-01 $492,200 (3.6%) $607,856 (8.8%) 1.12 256
    2023-08-01 $497,750 (6.6%) $623,350 (8.6%) 1.14 275
    2023-09-01 $495,000 (5.9%) $635,538 (14.3%) 1.15 287
    2023-10-01 $499,000 (6.2%) $739,230 (34.5%) 1.17 285
    2023-11-01 $517,438 (11.9%) $737,738 (25.1%) 1.23 286
    2023-12-01 $509,850 (6.4%) $746,266 (22.4%) 1.24 229
    2024-01-01 $522,450 (13.3%) $780,416 (25.0%) 1.28 207
    2024-02-01 $515,000 (9.9%) $696,461 (12.3%) 1.24 191
    2024-03-01 $499,000 (4.2%) $686,988 (9.2%) 1.17 216
    2024-04-01 $499,000 (5.7%) $723,645 (34.8%) 1.16 221
    2024-05-01 $549,925 (12.2%) $753,484 (35.9%) 1.24 283
    2024-06-01 $550,000 (10.2%) $751,295 (24.9%) 1.24 363
    2024-07-01 $544,250 (10.6%) $742,521 (22.2%) 1.24 395
    2024-08-01 $524,900 (5.5%) $728,387 (16.9%) 1.22 428
    2024-09-01 $499,000 (0.8%) $715,776 (12.6%) 1.17 452
    2024-10-01 $499,900 (0.2%) $714,966 (-3.3%) 1.18 476
    BURLINGTON - SOUTH BURLINGTON's median listing price for 2024-10-01 was $499,900, a difference of $900 (0.2%) versus the prior year and $900 versus the prior month.

    BURLINGTON - SOUTH BURLINGTON's median listing price comes in at 118% of the national average.

    BURLINGTON - SOUTH BURLINGTON's average listing price for 2024-10-01 was $714,966, a difference of $-24,264 (-3.3%) versus the prior year and $-810 versus the prior month.

    For the 2024-10-01 period, BURLINGTON - SOUTH BURLINGTON had 476 MLS listings, a difference of 24 listings (5%) versus the prior month and 191 listings (67%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - BURLINGTON - SOUTH BURLINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 122 days 1,900 sqft
    2018-02-01 128 days 1,900 sqft
    2018-03-01 111 days 1,904 sqft
    2018-04-01 64 days 1,904 sqft
    2018-05-01 51 days 1,909 sqft
    2018-06-01 50 days 1,918 sqft
    2018-07-01 59 days 1,937 sqft
    2018-08-01 68 days 1,915 sqft
    2018-09-01 72 days 1,922 sqft
    2018-10-01 83 days 1,913 sqft
    2018-11-01 91 days 1,900 sqft
    2018-12-01 106 days 1,873 sqft
    2019-01-01 121 days 1,872 sqft
    2019-02-01 128 days 1,887 sqft
    2019-03-01 107 days 1,895 sqft
    2019-04-01 81 days 1,903 sqft
    2019-05-01 64 days 1,960 sqft
    2019-06-01 48 days 1,922 sqft
    2019-07-01 56 days 1,922 sqft
    2019-08-01 62 days 1,941 sqft
    2019-09-01 69 days 1,970 sqft
    2019-10-01 73 days 1,988 sqft
    2019-11-01 80 days 1,993 sqft
    2019-12-01 99 days 1,930 sqft
    2020-01-01 106 days 1,911 sqft
    2020-02-01 103 days 1,927 sqft
    2020-03-01 70 days 1,933 sqft
    2020-04-01 77 days 1,935 sqft
    2020-05-01 71 days 1,964 sqft
    2020-06-01 49 days 2,008 sqft
    2020-07-01 52 days 1,992 sqft
    2020-08-01 52 days 2,000 sqft
    2020-09-01 46 days 1,979 sqft
    2020-10-01 53 days 1,904 sqft
    2020-11-01 69 days 1,904 sqft
    2020-12-01 86 days 1,894 sqft
    2021-01-01 102 days 1,872 sqft
    2021-02-01 87 days 1,857 sqft
    2021-03-01 33 days 1,880 sqft
    2021-04-01 19 days 1,872 sqft
    2021-05-01 27 days 1,828 sqft
    2021-06-01 21 days 1,857 sqft
    2021-07-01 26 days 1,848 sqft
    2021-08-01 35 days 1,901 sqft
    2021-09-01 40 days 1,854 sqft
    2021-10-01 45 days 1,924 sqft
    2021-11-01 53 days 1,899 sqft
    2021-12-01 65 days 1,968 sqft
    2022-01-01 74 days 1,929 sqft
    2022-02-01 36 days 1,896 sqft
    2022-03-01 14 days 1,933 sqft
    2022-04-01 15 days 1,886 sqft
    2022-05-01 10 days 1,877 sqft
    2022-06-01 16 days 2,019 sqft
    2022-07-01 29 days 2,016 sqft
    2022-08-01 36 days 2,010 sqft
    2022-09-01 34 days 1,943 sqft
    2022-10-01 31 days 1,956 sqft
    2022-11-01 51 days 1,933 sqft
    2022-12-01 73 days 1,971 sqft
    2023-01-01 93 days 1,954 sqft
    2023-02-01 58 days 1,920 sqft
    2023-03-01 46 days 1,922 sqft
    2023-04-01 34 days 1,839 sqft
    2023-05-01 24 days 1,864 sqft
    2023-06-01 24 days 1,872 sqft
    2023-07-01 30 days 1,930 sqft
    2023-08-01 33 days 1,965 sqft
    2023-09-01 37 days 1,954 sqft
    2023-10-01 37 days 1,957 sqft
    2023-11-01 49 days 1,948 sqft
    2023-12-01 67 days 1,941 sqft
    2024-01-01 74 days 2,030 sqft
    2024-02-01 55 days 2,101 sqft
    2024-03-01 39 days 1,959 sqft
    2024-04-01 29 days 1,895 sqft
    2024-05-01 25 days 1,928 sqft
    2024-06-01 26 days 1,971 sqft
    2024-07-01 40 days 1,967 sqft
    2024-08-01 41 days 1,904 sqft
    2024-09-01 44 days 1,866 sqft
    2024-10-01 47 days 1,890 sqft
    BURLINGTON - SOUTH BURLINGTON's median listing age (time on market) for 2024-10-01 was 47 days. This is 29% longer than the same period one year ago.

    BURLINGTON - SOUTH BURLINGTON's median square footage for active listings during the 2024-10-01 period was 1,890 sqft. One year prior, the average listing was 1,957 sqft.

    BURLINGTON-SOUTH BURLINGTON, VT Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    5401 Burlington-South Burlington, VT MSA $1,230 $1,330 $1,740 $2,140 $2,340
    5402 Burlington-South Burlington, VT MSA $1,180 $1,280 $1,670 $2,050 $2,240
    5403 Burlington-South Burlington, VT MSA $1,280 $1,390 $1,820 $2,230 $2,440
    5404 Burlington-South Burlington, VT MSA $1,180 $1,290 $1,680 $2,060 $2,260
    5405 Burlington-South Burlington, VT MSA $1,240 $1,340 $1,760 $2,160 $2,360
    5406 Burlington-South Burlington, VT MSA $1,180 $1,280 $1,670 $2,050 $2,240
    5407 Burlington-South Burlington, VT MSA $1,180 $1,280 $1,670 $2,050 $2,240
    5408 Burlington-South Burlington, VT MSA $1,090 $1,180 $1,540 $1,890 $2,070
    5439 Burlington-South Burlington, VT MSA $1,180 $1,280 $1,670 $2,050 $2,240
    5440 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5441 Burlington-South Burlington, VT MSA $950 $1,050 $1,350 $1,670 $1,840
    5444 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5445 Burlington-South Burlington, VT MSA $1,450 $1,580 $2,060 $2,530 $2,770
    5446 Burlington-South Burlington, VT MSA $1,070 $1,160 $1,520 $1,870 $2,040
    5447 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5448 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5449 Burlington-South Burlington, VT MSA $1,180 $1,280 $1,670 $2,050 $2,240
    5450 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5451 Burlington-South Burlington, VT MSA $1,180 $1,280 $1,670 $2,050 $2,240
    5452 Burlington-South Burlington, VT MSA $1,160 $1,260 $1,640 $2,010 $2,200
    5453 Burlington-South Burlington, VT MSA $1,180 $1,280 $1,670 $2,050 $2,240
    5454 Burlington-South Burlington, VT MSA $1,180 $1,280 $1,670 $2,050 $2,240
    5455 Burlington-South Burlington, VT MSA $1,050 $1,140 $1,480 $1,820 $1,990
    5457 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5458 Burlington-South Burlington, VT MSA $940 $1,050 $1,350 $1,670 $1,840
    5459 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5460 Burlington-South Burlington, VT MSA $950 $1,050 $1,350 $1,670 $1,840
    5461 Burlington-South Burlington, VT MSA $1,070 $1,160 $1,510 $1,850 $2,030
    5462 Burlington-South Burlington, VT MSA $1,210 $1,310 $1,710 $2,100 $2,300
    5463 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5464 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5465 Burlington-South Burlington, VT MSA $930 $1,070 $1,380 $1,710 $1,870
    5468 Burlington-South Burlington, VT MSA $1,120 $1,220 $1,590 $1,950 $2,140
    5470 Burlington-South Burlington, VT MSA $950 $1,050 $1,350 $1,670 $1,840
    5471 Burlington-South Burlington, VT MSA $950 $1,050 $1,350 $1,670 $1,840
    5474 Burlington-South Burlington, VT MSA $1,030 $1,120 $1,460 $1,790 $1,960
    5476 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5477 Burlington-South Burlington, VT MSA $1,000 $1,090 $1,420 $1,740 $1,910
    5478 Burlington-South Burlington, VT MSA $990 $1,080 $1,410 $1,730 $1,890
    5481 Burlington-South Burlington, VT MSA $950 $1,050 $1,350 $1,670 $1,840
    5482 Burlington-South Burlington, VT MSA $1,290 $1,440 $1,850 $2,290 $2,510
    5483 Burlington-South Burlington, VT MSA $1,110 $1,200 $1,570 $1,930 $2,110
    5485 Burlington-South Burlington, VT MSA $960 $1,050 $1,360 $1,670 $1,840
    5486 Burlington-South Burlington, VT MSA $1,180 $1,380 $1,770 $2,190 $2,390
    5487 Burlington-South Burlington, VT MSA $1,170 $1,270 $1,660 $2,040 $2,230
    5488 Burlington-South Burlington, VT MSA $970 $1,050 $1,370 $1,680 $1,840
    5489 Burlington-South Burlington, VT MSA $1,440 $1,560 $2,040 $2,500 $2,740
    5490 Burlington-South Burlington, VT MSA $1,180 $1,280 $1,670 $2,050 $2,240
    5494 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840
    5495 Burlington-South Burlington, VT MSA $1,310 $1,430 $1,860 $2,280 $2,500
    5676 Burlington-South Burlington, VT MSA $930 $1,050 $1,350 $1,670 $1,840

    2022 Average & Median Rent Data Statistics
    BURLINGTON-SOUTH BURLINGTON, VT average 1BR rent: $1,187, median: $1,160
    BURLINGTON-SOUTH BURLINGTON, VT average 2BR rent: $1,540, median: $1,510
    BURLINGTON-SOUTH BURLINGTON, VT average 3BR rent: $1,895, median: $1,850

    BURLINGTON-SOUTH BURLINGTON, VT Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,994 $755,110,000 $378,691
    Home Improvement 948 $84,490,000 $89,124
    Refi 571 $117,975,000 $206,611
    Other 405 $53,785,000 $132,802
    Cash Out Refi 293 $70,965,000 $242,201
    NA 1 $5,000 $5,000

    Burlington - South Burlington's most frequently cited loan purpose was Home Purchase, with 1,994 originations. The 2nd most popular reason was Home Improvement, with 948 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 1,416 $450,220,000 $317,952
    7-8% 1,289 $244,545,000 $189,717
    5-6% 566 $192,840,000 $340,707
    Over 8% 532 $82,050,000 $154,229
    <2.5% 119 $8,855,000 $74,412
    4-5% 67 $49,065,000 $732,313
    3-4% 36 $4,510,000 $125,278
    2.5-3% 25 $3,025,000 $121,000

    During 2023, Burlington - South Burlington's most frequently originated rate bucket was 6-7%, with 1,416 originations.

    Loan Sizing (BURLINGTON-SOUTH BURLINGTON, VT MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 1,400 $409,180,000 $292,271
    $100,000 or less 1,321 $65,645,000 $49,693
    $100k-200k 744 $105,500,000 $141,801
    $400k-600k 553 $261,695,000 $473,228
    $600k-1000k 156 $111,880,000 $717,179
    $Over $1MM 38 $128,430,000 $3,379,737

    BURLINGTON - SOUTH BURLINGTON's loan sizing saw the bucket of loans from $200k-400k with 1,400 originations, totaling $409,180,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    Under 20% 1,147 $67,285,000 $58,662
    80-100% 971 $366,895,000 $377,853
    60-80% 785 $349,705,000 $445,484
    20-40% 680 $103,840,000 $152,706
    40-60% 443 $138,635,000 $312,946
    Over 100% 22 $8,000,000 $363,636

    BURLINGTON - SOUTH BURLINGTON's loan sizing saw loans grouped in the Under 20% Loan-to-value bucket with 1,147 originations, totaling $67,285,000 in origination value.