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 6.15% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 5.67% and one month ago for the week of 2023-04-20, the average rate was 6.07%.

    Burlington - South Burlington's average rate one year ago was 4.63%.

    For refis of the same type during the week of 2023-05-25, the average rate was 4.95%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Burlington - South Burlington 30 Year Fixed Rate 2023-05-25 6.15%
    Burlington - South Burlington 30 Year Fixed Rate Refi 2023-05-25 4.95%
    Burlington - South Burlington 15 Year Fixed Rate 2023-05-25 6.06%
    Burlington - South Burlington 15 Year Fixed Rate Refi 2023-05-25 4.89%
    Burlington - South Burlington 30 Year FHA 2023-05-25 5.8%
    Burlington - South Burlington 30 Year FHA Refi 2023-05-25 6.41%
    Burlington - South Burlington 30 Year USDA 2023-05-25 6.63%
    Burlington - South Burlington 30 Year USDA Refi 2023-05-25 6.63%
    Burlington - South Burlington 30 Year VA 2023-05-25 6.08%
    Burlington - South Burlington 30 Year VA Refi 2023-05-25 6.61%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    NEW ENGLAND FEDERAL CREDIT UNION 804 4.32% $3,604
    NORTHEAST HOME LOAN, LLC 184 4.50% $6,152
    Union Bank 165 4.78% $4,922
    Vermont Federal Credit Union 140 4.76% $3,906
    HOMEBRIDGE FINANCIAL SERVICES, INC. 132 5.13% $5,976
    QUICKEN LOANS, LLC 100 4.85% $6,845
    Citizens Bank 75 4.47% $5,573
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 65 4.64% $5,180
    Mascoma Bank 56 4.46% $5,760
    DRAPER AND KRAMER MORTGAGE CORP. 53 4.66% $3,978
    VERMONT STATE EMPLOYEES 52 4.38% $5,132
    PENNYMAC LOAN SERVICES, LLC 48 5.28% $5,395
    UNITED WHOLESALE MORTGAGE, LLC 43 4.76% $4,215
    NORTH COUNTRY 39 5.42% $4,169
    ACADEMY MORTGAGE CORPORATION 36 5.00% $6,620
    KeyBank 31 4.51% $4,882
    Northfield Savings Bank 29 4.36% $4,360
    LOANDEPOT.COM, LLC 28 4.42% $6,709
    TD Bank 28 4.28% $5,326
    Wells Fargo Bank 27 4.18% $5,727
    MOVEMENT MORTGAGE, LLC 24 4.77% $6,378
    JPMorgan Chase Bank 23 4.29% $5,151
    HOME POINT FINANCIAL CORPORATION 23 5.92% $6,131
    Bank of America 22 4.15% $5,565
    M&T Bank 21 5.02% $4,333
    Century Mortgage Company DBA Century Lending Company 17 5.64% $6,018
    Community Bank 17 4.46% $1,999
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 17 5.18% $5,845
    AMERISAVE MORTGAGE CORPORATION 16 4.22% $6,448
    Mr. Cooper ( Nationstar Mortgage ) 16 4.04% $9,479
    Morgan Stanley Private Bank 15 4.38% $3,768
    Paramount Residential Mortgage Group, Inc. 14 6.39% $6,502
    NBKC BANK 12 4.80% $3,362
    FREEDOM MORTGAGE CORPORATION 11 4.26% $6,077
    CARDINAL FINANCIAL 11 4.17% $5,826
    NBT Bank 10 4.03% $4,667
    People's United Bank 9 3.19% $5,064
    NAVY FEDERAL CREDIT UNION 8 5.13% $4,179
    BETTER MORTGAGE CORPORATION 7 4.77% $8,229
    U.S. Bank 7 4.50% $3,998
    BROKER SOLUTIONS, INC. 7 4.02% $6,102
    PNC Bank 6 5.08% $5,314
    Arvest Bank 6 5.06% $7,726
    Flagstar Bank, FSB 6 4.08% $3,982
    CALIBER HOME LOANS, INC. 6 5.35% $8,238
    NEWREZ LLC 6 4.87% $8,274
    GUARANTEED RATE, INC. 5 4.50% $4,706
    Community National Bank 5 4.95% $3,575
    Carrington Mortgage Services, LLC 4 5.91% $12,821
    EMM LOANS LLC 4 4.09% $4,426
    UBS Bank USA 4 4.75% $4,559
    North American Savings Bank, F.S.B. 4 5.75% $5,810
    First Republic Bank 4 2.96% $5,561
    Citibank 4 4.59% $10,384
    EVERETT FINANCIAL, INC. 4 5.25% $2,889
    USAA Federal Savings Bank 3 5.58% $9,239
    Ally Bank 3 5.00% $3,722
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 5.87% $4,642
    CROSSCOUNTRY MORTGAGE, LLC 3 4.61% $3,687
    Truist 3 5.33% $5,374
    LAKEVIEW LOAN SERVICING, LLC 3 4.29% $5,932
    MUTUAL OF OMAHA MORTGAGE, INC. 3 5.92% $8,505
    Kittredge Mortgage Corporation 2 4.44% $3,337
    City National Bank 2 2.92% $15,430
    Leader Bank 2 5.88% $3,941
    GUILD MORTGAGE COMPANY 2 4.88% $8,017
    BNC National Bank 2 4.13% $3,322
    Evolve Bank & Trust 2 4.50% $4,315
    ENVOY MORTGAGE, LTD 2 6.25% $4,938
    SIRVA MORTGAGE, INC. 2 6.13% $0
    Raymond James Bank 2 3.44% $3,095
    CMG MORTGAGE, INC. 2 4.50% $3,400
    KELLER MORTGAGE, LLC 2 5.00% $5,470
    Charles Schwab Bank, SSB 2 3.06% $4,232
    Stifel Bank and Trust 1 3.25% $4,231
    Advisors Mortgage Group, L.L.C. 1 3.00% $4,593
    ALLIANT CREDIT UNION 1 4.13% $4,359
    AMERICAN INTERNET MORTGAGE, INC. 1 3.00% $10,318
    ANGEL OAK HOME LOANS LLC 1 7.13% $3,959
    Axos Bank 1 7.13% $4,048
    Bangor Savings Bank 1 5.50% $4,273
    Bar Harbor Bank & Trust 1 3.50% $3,013
    Berkshire Bank 1 4.00% $7,508
    BNY Mellon 1 2.38% $8,671
    CIBC Bank USA 1 5.00% $4,121
    Citadel Servicing Corporation 1 4.38% $14,586
    CITIZENS EQUITY FIRST 1 5.00% $5,039
    Colonial Savings, F.A. 1 3.13% $4,442
    EMBRACE HOME LOANS, INC. 1 5.38% $5,132
    Farm Credit East, ACA 1 6.35% $6,800
    FirstBank 1 3.13% $1,951
    First Horizon Bank 1 5.88% $4,786
    First National Bank of America 1 7.75% $4,182
    Freedom Credit Union 1 2.88% $4,395
    Goldman Sachs Bank USA 1 2.75% $3,111
    HANSCOM 1 4.00% $5,296
    HARBORONE MORTGAGE, LLC 1 6.88% $5,440
    HARVARD UNIVERSITY EMPLOYEES 1 3.38% $3,639
    HOMESPIRE MORTGAGE CORPORATION 1 3.88% $3,768
    Mortgage Research Center, LLC 1 5.13% $10,133
    Northpointe Bank 1 5.88% $16,128
    Northway Bank 1 3.75% $4,862
    OCEANSIDE MORTGAGE COMPANY 1 4.88% $2,230
    PENTAGON FEDERAL CREDIT UNION 1 4.50% $10,246
    PHH Mortgage Corporation 1 3.75% $4,881
    PREMIA MORTGAGE, LLC 1 5.99% $5,400
    Princeton Mortgage Corporation 1 5.50% $4,091
    RELIANCE FIRST CAPITAL, LLC 1 6.25% $9,859
    RUOFF MORTGAGE COMPANY, INC. 1 3.88% $4,705
    Sierra Pacific Mortgage Company, Inc. 1 6.50% $14,421
    Silicon Valley Bank 1 3.88% $2,949
    SOFI LENDING CORP. 1 4.75% $6,591
    STAR ONE CREDIT UNION 1 3.75% $3,866
    21ST MORTGAGE CORPORATION 1 7.35% $6,578
    The Huntington National Bank 1 4.13% $4,544
    TOTAL MORTGAGE SERVICES, LLC 1 5.38% $8,344
    Waterstone Mortgage Corporation 1 4.50% $5,635
    Webster Bank 1 2.88% $7,641

    BURLINGTON - SOUTH BURLINGTON Average Closing Costs & Other Stats

    BURLINGTON-SOUTH BURLINGTON, VT's 118 lenders originated 6,464 loans during 2022. The total origination value was $1,801,160,000, with an average loan value of $278,645.

    BURLINGTON - SOUTH BURLINGTON's average closing costs are $4,364.

    The top BURLINGTON - SOUTH BURLINGTON lender as defined by loan originations is NEW ENGLAND FEDERAL CREDIT UNION, with 804 loans originated. Their average total fees are $3,604, which is $2,549 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 ($1,999), NBKC BANK ($3,362), NEW ENGLAND FEDERAL CREDIT UNION ($3,604), Morgan Stanley Private Bank ($3,768) and Vermont Federal Credit Union ($3,906).

    The lowest rate BURLINGTON - SOUTH BURLINGTON lenders (with over 10 loans originated) are NBT Bank (4.03%), Mr. Cooper ( Nationstar Mortgage ) (4.04%), Bank of America (4.15%), CARDINAL FINANCIAL (4.17%) and Wells Fargo Bank (4.18%).

    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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    NEW ENGLAND FEDERAL CREDIT UNION $741,495,000 $403,175,000 -45.6% 22.4%
    Vermont Federal Credit Union $153,890,000 $86,525,000 -43.8% 4.8%
    NORTHEAST HOME LOAN, LLC $169,370,000 $78,770,000 -53.5% 4.4%
    Community Bank $49,080,000 $76,070,000 55.0% 4.2%
    Union Bank $127,085,000 $75,620,000 -40.5% 4.2%
    Mascoma Bank $56,910,000 $65,750,000 15.5% 3.7%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $85,140,000 $64,975,000 -23.7% 3.6%
    Citizens Bank $78,355,000 $63,015,000 -19.6% 3.5%
    QUICKEN LOANS, LLC $157,025,000 $52,040,000 -66.9% 2.9%
    NORTH COUNTRY $53,270,000 $49,330,000 -7.4% 2.7%
    NBT Bank $13,885,000 $45,515,000 227.8% 2.5%
    M&T Bank $535,000 $42,215,000 7,790.7% 2.3%
    People's United Bank $53,860,000 $36,460,000 -32.3% 2.0%
    Northfield Savings Bank $47,000,000 $34,795,000 -26.0% 1.9%
    Community National Bank $11,835,000 $33,655,000 184.4% 1.9%
    Peoples Trust Company of St. Albans $57,095,000 $32,695,000 -42.7% 1.8%
    TD Bank $37,965,000 $32,200,000 -15.2% 1.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $78,640,000 $30,320,000 -61.4% 1.7%
    PENNYMAC LOAN SERVICES, LLC $64,795,000 $29,410,000 -54.6% 1.6%
    KeyBank $41,250,000 $28,295,000 -31.4% 1.6%
    VERMONT STATE EMPLOYEES $51,045,000 $26,625,000 -47.8% 1.5%
    UNITED WHOLESALE MORTGAGE, LLC $44,165,000 $25,145,000 -43.1% 1.4%
    DRAPER AND KRAMER MORTGAGE CORP. $93,560,000 $22,620,000 -75.8% 1.3%
    ACADEMY MORTGAGE CORPORATION $43,155,000 $21,235,000 -50.8% 1.2%
    JPMorgan Chase Bank $20,785,000 $20,280,000 -2.4% 1.1%
    Eastern Bank $18,510,000 n/a 1.0%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $16,135,000 $15,290,000 -5.2% 0.8%
    Mortgage Research Center, LLC $24,295,000 $15,280,000 -37.1% 0.8%
    Wells Fargo Bank $17,555,000 $14,165,000 -19.3% 0.8%
    Bank of America $18,385,000 $14,020,000 -23.7% 0.8%
    LOANDEPOT.COM, LLC $27,980,000 $12,075,000 -56.8% 0.7%
    MOVEMENT MORTGAGE, LLC $34,905,000 $11,980,000 -65.7% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $22,315,000 $10,160,000 -54.5% 0.6%
    HOME POINT FINANCIAL CORPORATION $5,405,000 $9,310,000 72.2% 0.5%
    Morgan Stanley Private Bank $2,645,000 $9,030,000 241.4% 0.5%
    City National Bank $8,685,000 n/a 0.5%
    Century Mortgage Company DBA Century Lending Company $8,590,000 n/a 0.5%
    NAVY FEDERAL CREDIT UNION $4,560,000 $6,665,000 46.2% 0.4%
    Paramount Residential Mortgage Group, Inc. $2,910,000 $6,610,000 127.1% 0.4%
    PNC Bank $2,470,000 $6,380,000 158.3% 0.4%
    AMERISAVE MORTGAGE CORPORATION $25,360,000 $5,740,000 -77.4% 0.3%
    Citibank $2,470,000 $5,650,000 128.7% 0.3%
    FREEDOM MORTGAGE CORPORATION $43,130,000 $5,380,000 -87.5% 0.3%
    NBKC BANK $6,415,000 $5,285,000 -17.6% 0.3%
    First Republic Bank $605,000 $5,215,000 762.0% 0.3%
    BETTER MORTGAGE CORPORATION $18,085,000 $5,180,000 -71.4% 0.3%
    U.S. Bank $7,765,000 $4,440,000 -42.8% 0.2%
    The National Bank of Middlebury $10,010,000 $3,915,000 -60.9% 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,235,000 $3,855,000 72.5% 0.2%
    ENVOY MORTGAGE, LTD $4,090,000 $3,840,000 -6.1% 0.2%
    Carrington Mortgage Services, LLC $2,090,000 $3,750,000 79.4% 0.2%
    USAA Federal Savings Bank $9,955,000 $3,610,000 -63.7% 0.2%
    NEWREZ LLC $8,390,000 $3,590,000 -57.2% 0.2%
    BROKER SOLUTIONS, INC. $8,040,000 $3,015,000 -62.5% 0.2%
    UBS Bank USA $635,000 $2,960,000 366.1% 0.2%
    Flagstar Bank, FSB $2,900,000 $2,815,000 -2.9% 0.2%
    BNY Mellon $1,215,000 $2,535,000 108.6% 0.1%
    CALIBER HOME LOANS, INC. $6,670,000 $2,530,000 -62.1% 0.1%
    EMM LOANS LLC $5,295,000 $2,480,000 -53.2% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $13,410,000 $2,480,000 -81.5% 0.1%
    Goldman Sachs Bank USA $2,150,000 $2,215,000 3.0% 0.1%
    Arvest Bank $1,165,000 $2,125,000 82.4% 0.1%
    Charles Schwab Bank, SSB $4,790,000 $1,765,000 -63.2% 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $3,785,000 $1,735,000 -54.2% 0.1%
    Truist $800,000 $1,700,000 112.5% 0.1%
    GUARANTEED RATE, INC. $4,570,000 $1,690,000 -63.0% 0.1%
    AMERICAN ADVISORS GROUP $145,000 $1,630,000 1,024.1% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $2,880,000 $1,625,000 -43.6% 0.1%
    Ally Bank $735,000 $1,305,000 77.6% 0.1%
    BNC National Bank $2,685,000 $1,305,000 -51.4% 0.1%
    North American Savings Bank, F.S.B. $7,385,000 $1,300,000 -82.4% 0.1%
    EVERETT FINANCIAL, INC. $265,000 $1,245,000 369.8% 0.1%
    Berkshire Bank $1,230,000 n/a 0.1%
    The Federal Savings Bank $3,610,000 $1,170,000 -67.6% 0.1%
    Raymond James Bank $555,000 $1,110,000 100.0% 0.1%
    Northpointe Bank $1,040,000 $1,100,000 5.8% 0.1%
    PENTAGON FEDERAL CREDIT UNION $2,320,000 $1,075,000 -53.7% 0.1%
    CMG MORTGAGE, INC. $10,580,000 $1,070,000 -89.9% 0.1%
    EMBRACE HOME LOANS, INC. $1,275,000 $970,000 -23.9% 0.1%
    21ST MORTGAGE CORPORATION $225,000 $920,000 308.9% 0.1%
    Evolve Bank & Trust $185,000 $920,000 397.3% 0.1%
    Webster Bank $4,590,000 $880,000 -80.8% 0.0%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,750,000 $845,000 -51.7% 0.0%
    ONE Credit Union $1,750,000 $820,000 -53.1% 0.0%
    SIRVA MORTGAGE, INC. $820,000 n/a 0.0%
    AMERICAN INTERNET MORTGAGE, INC. $1,555,000 $810,000 -47.9% 0.0%
    Leader Bank $2,810,000 $810,000 -71.2% 0.0%
    Farm Credit East, ACA $750,000 n/a 0.0%
    Figure Lending LLC $65,000 $735,000 1,030.8% 0.0%
    The Central Trust Bank $705,000 n/a 0.0%
    GUILD MORTGAGE COMPANY $700,000 n/a 0.0%
    Midwest Community Bank $665,000 n/a 0.0%
    CHURCHILL MORTGAGE CORPORATION $235,000 $650,000 176.6% 0.0%
    First Horizon Bank $645,000 n/a 0.0%
    STAR ONE CREDIT UNION $645,000 n/a 0.0%
    SOFI LENDING CORP. $2,720,000 $635,000 -76.7% 0.0%
    Waterstone Mortgage Corporation $630,000 n/a 0.0%
    KELLER MORTGAGE, LLC $475,000 $620,000 30.5% 0.0%
    Kittredge Mortgage Corporation $620,000 n/a 0.0%
    GUARANTEED RATE AFFINITY, LLC $575,000 n/a 0.0%
    RELIANCE FIRST CAPITAL, LLC $2,530,000 $570,000 -77.5% 0.0%
    SUN WEST MORTGAGE COMPANY, INC. $545,000 n/a 0.0%
    Discover Bank $45,000 $535,000 1,088.9% 0.0%
    FirstBank $1,695,000 $530,000 -68.7% 0.0%
    Advisors Mortgage Group, L.L.C. $955,000 $515,000 -46.1% 0.0%
    Stifel Bank and Trust $260,000 $515,000 98.1% 0.0%
    TOTAL MORTGAGE SERVICES, LLC $505,000 n/a 0.0%
    QUORUM FEDERAL CREDIT UNION $495,000 n/a 0.0%
    OCEANSIDE MORTGAGE COMPANY $450,000 $490,000 8.9% 0.0%
    SPRING EQ, LLC $850,000 $490,000 -42.4% 0.0%
    HARBORONE MORTGAGE, LLC $1,325,000 $485,000 -63.4% 0.0%
    PREMIA MORTGAGE, LLC $1,420,000 $485,000 -65.8% 0.0%
    Service Federal Credit Union $305,000 $475,000 55.7% 0.0%
    The Huntington National Bank $375,000 $475,000 26.7% 0.0%
    Toyota Financial Savings Bank $650,000 $475,000 -26.9% 0.0%
    CANOPY MORTGAGE, LLC $465,000 n/a 0.0%
    Colonial Savings, F.A. $550,000 $465,000 -15.5% 0.0%
    First National Bank of America $665,000 $455,000 -31.6% 0.0%
    Bar Harbor Bank & Trust $1,345,000 $445,000 -66.9% 0.0%
    HARVARD UNIVERSITY EMPLOYEES $445,000 n/a 0.0%
    Armed Forces Bank $435,000 n/a 0.0%
    Freedom Credit Union $435,000 n/a 0.0%
    First Internet Bank of Indiana $1,385,000 $415,000 -70.0% 0.0%
    MEMBERS ADVANTAGE COMMUNITY CREDIT UNION $330,000 $415,000 25.8% 0.0%
    Northway Bank $415,000 n/a 0.0%
    Oakstar Bank $405,000 n/a 0.0%
    Wyndham Capital Mortgage, Inc. $2,085,000 $405,000 -80.6% 0.0%
    CHEVRON $385,000 n/a 0.0%
    Barrington Bank & Trust Company, N.A. $785,000 $380,000 -51.6% 0.0%
    CIBC Bank USA $375,000 n/a 0.0%
    NFM, INC. $375,000 n/a 0.0%
    Popular Bank $375,000 n/a 0.0%
    Sierra Pacific Mortgage Company, Inc. $375,000 n/a 0.0%
    ALLIANT CREDIT UNION $285,000 $355,000 24.6% 0.0%
    Mortgage Network, Inc. $355,000 n/a 0.0%
    CITIZENS EQUITY FIRST $345,000 n/a 0.0%
    Meridian Bank Corporation $345,000 n/a 0.0%
    Silicon Valley Bank $345,000 n/a 0.0%
    FINANCE OF AMERICA REVERSE LLC $335,000 n/a 0.0%
    Axos Bank $935,000 $315,000 -66.3% 0.0%
    Citadel Servicing Corporation $315,000 n/a 0.0%
    DIGITAL Federal Credit Union $545,000 $295,000 -45.9% 0.0%
    MEMBER FIRST MORTGAGE, LLC $265,000 $295,000 11.3% 0.0%
    RUOFF MORTGAGE COMPANY, INC. $460,000 $255,000 -44.6% 0.0%
    ANGEL OAK HOME LOANS LLC $245,000 n/a 0.0%
    The Northern Trust Company $235,000 n/a 0.0%
    HANSCOM $75,000 $225,000 200.0% 0.0%
    ROUNDPOINT MORTGAGE SERVICING CORPORATION $225,000 n/a 0.0%
    HOMESPIRE MORTGAGE CORPORATION $755,000 $215,000 -71.5% 0.0%
    PHH Mortgage Corporation $2,175,000 $205,000 -90.6% 0.0%
    Low VA Rates, LLC $265,000 $185,000 -30.2% 0.0%
    Princeton Mortgage Corporation $175,000 n/a 0.0%
    USAlliance Federal Credit Union $165,000 n/a 0.0%
    Bangor Savings Bank $1,525,000 $155,000 -89.8% 0.0%
    CENTRAL ONE FEDERAL CREDIT UNION $75,000 n/a 0.0%
    Baxter Credit Union $615,000 $25,000 -95.9% 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 4.8%, is Vermont Federal Credit Union, having originated $86,525,000 in loans. In third place, with 4.4%, is NORTHEAST HOME LOAN, LLC, having originated $78,770,000 in loans. In fourth place, with 4.2%, is Community Bank, having originated $76,070,000 in loans. In fifth place, with 4.2%, is Union Bank, having originated $75,620,000 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 $299,661 (0.6%) $382,184 (2.3%) 1.11 746
    2018-02-01 $299,680 (-0.1%) $386,061 (1.1%) 1.09 715
    2018-03-01 $299,900 (-4.6%) $385,736 (-1.1%) 1.05 733
    2018-04-01 $314,950 (1.6%) $396,030 (3.8%) 1.07 758
    2018-05-01 $319,450 (0.1%) $401,141 (3.1%) 1.07 818
    2018-06-01 $320,000 (0.3%) $399,996 (1.3%) 1.07 913
    2018-07-01 $320,892 (0.3%) $398,720 (1.0%) 1.07 960
    2018-08-01 $316,000 (-0.3%) $393,374 (0.6%) 1.06 1,001
    2018-09-01 $315,000 (1.6%) $401,980 (2.3%) 1.06 982
    2018-10-01 $309,900 (2.7%) $399,607 (3.4%) 1.05 972
    2018-11-01 $308,500 (2.9%) $395,524 (3.1%) 1.05 914
    2018-12-01 $305,000 (1.7%) $389,068 (2.5%) 1.05 813
    2019-01-01 $305,000 (1.8%) $380,156 (-0.5%) 1.05 732
    2019-02-01 $309,450 (3.3%) $385,833 (-0.1%) 1.05 724
    2019-03-01 $319,250 (6.5%) $386,886 (0.3%) 1.06 731
    2019-04-01 $319,900 (1.6%) $401,996 (1.5%) 1.02 731
    2019-05-01 $319,725 (0.1%) $407,908 (1.7%) 1.00 764
    2019-06-01 $324,900 (1.5%) $410,312 (2.6%) 1.02 812
    2019-07-01 $324,950 (1.3%) $409,281 (2.7%) 1.02 844
    2019-08-01 $325,000 (2.9%) $410,351 (4.3%) 1.02 871
    2019-09-01 $327,000 (3.8%) $429,770 (6.9%) 1.03 811
    2019-10-01 $328,575 (6.0%) $433,330 (8.4%) 1.06 816
    2019-11-01 $329,000 (6.7%) $429,026 (8.5%) 1.08 734
    2019-12-01 $322,700 (5.8%) $407,316 (4.7%) 1.08 651
    2020-01-01 $322,450 (5.7%) $407,591 (7.2%) 1.08 571
    2020-02-01 $325,000 (5.0%) $410,568 (6.4%) 1.06 542
    2020-03-01 $339,000 (6.2%) $424,210 (9.7%) 1.06 553
    2020-04-01 $348,450 (8.9%) $430,977 (7.2%) 1.09 539
    2020-05-01 $349,975 (9.5%) $443,164 (8.6%) 1.06 549
    2020-06-01 $375,450 (15.6%) $474,516 (15.7%) 1.11 536
    2020-07-01 $375,000 (15.4%) $469,969 (14.8%) 1.09 507
    2020-08-01 $368,250 (13.3%) $477,649 (16.4%) 1.06 474
    2020-09-01 $369,950 (13.1%) $475,922 (10.7%) 1.06 476
    2020-10-01 $390,000 (18.7%) $483,913 (11.7%) 1.12 445
    2020-11-01 $393,700 (19.7%) $488,965 (14.0%) 1.15 389
    2020-12-01 $398,000 (23.3%) $485,967 (19.3%) 1.18 319
    2021-01-01 $398,000 (23.4%) $468,050 (14.8%) 1.19 279
    2021-02-01 $393,625 (21.1%) $482,498 (17.5%) 1.14 225
    2021-03-01 $421,700 (24.4%) $519,988 (22.6%) 1.20 222
    2021-04-01 $419,800 (20.5%) $495,308 (14.9%) 1.14 262
    2021-05-01 $419,900 (20.0%) $506,385 (14.3%) 1.11 272
    2021-06-01 $427,000 (13.7%) $499,783 (5.3%) 1.12 322
    2021-07-01 $419,500 (11.9%) $495,356 (5.4%) 1.11 344
    2021-08-01 $425,000 (15.4%) $499,095 (4.5%) 1.13 326
    2021-09-01 $423,675 (14.5%) $508,460 (6.8%) 1.13 303
    2021-10-01 $418,000 (7.2%) $506,646 (4.7%) 1.11 249
    2021-11-01 $400,000 (1.6%) $509,417 (4.2%) 1.07 226
    2021-12-01 $418,700 (5.2%) $526,066 (8.3%) 1.13 186
    2022-01-01 $429,000 (7.8%) $498,524 (6.5%) 1.16 141
    2022-02-01 $447,450 (13.7%) $489,715 (1.5%) 1.16 132
    2022-03-01 $453,350 (7.5%) $510,509 (-1.8%) 1.13 137
    2022-04-01 $429,900 (2.4%) $495,522 (0.0%) 1.02 161
    2022-05-01 $438,000 (4.3%) $532,187 (5.1%) 1.00 183
    2022-06-01 $480,625 (12.6%) $565,145 (13.1%) 1.07 238
    2022-07-01 $475,000 (13.2%) $557,203 (12.5%) 1.07 266
    2022-08-01 $466,950 (9.9%) $572,582 (14.7%) 1.08 254
    2022-09-01 $467,000 (10.2%) $554,621 (9.1%) 1.09 255
    2022-10-01 $460,000 (10.1%) $548,244 (8.2%) 1.08 263
    2022-11-01 $459,900 (15.0%) $585,637 (15.0%) 1.10 242
    2022-12-01 $474,450 (13.3%) $607,935 (15.6%) 1.17 189
    2023-01-01 $461,175 (7.5%) $623,413 (25.1%) 1.14 166
    2023-02-01 $468,675 (4.7%) $620,194 (26.6%) 1.13 170
    2023-03-01 $479,000 (5.7%) $628,909 (23.2%) 1.13 159
    2023-04-01 $472,200 (9.8%) $536,822 (8.3%) 1.10 180
    BURLINGTON - SOUTH BURLINGTON's median listing price for 2023-04-01 was $472,200, a difference of $42,300 (9.8%) versus the prior year and $-6,800 versus the prior month.

    BURLINGTON - SOUTH BURLINGTON's median listing price comes in at 110% of the national average.

    BURLINGTON - SOUTH BURLINGTON's average listing price for 2023-04-01 was $536,822, a difference of $41,300 (8.3%) versus the prior year and $-92,087 versus the prior month.

    For the 2023-04-01 period, BURLINGTON - SOUTH BURLINGTON had 180 MLS listings, a difference of 21 listings (13%) versus the prior month and 19 listings (12%) 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
    2018-01-01 140 days 1,900 sqft
    2018-02-01 153 days 1,900 sqft
    2018-03-01 135 days 1,904 sqft
    2018-04-01 89 days 1,907 sqft
    2018-05-01 63 days 1,909 sqft
    2018-06-01 58 days 1,914 sqft
    2018-07-01 66 days 1,937 sqft
    2018-08-01 76 days 1,920 sqft
    2018-09-01 82 days 1,926 sqft
    2018-10-01 93 days 1,920 sqft
    2018-11-01 101 days 1,904 sqft
    2018-12-01 121 days 1,888 sqft
    2019-01-01 133 days 1,874 sqft
    2019-02-01 148 days 1,899 sqft
    2019-03-01 137 days 1,940 sqft
    2019-04-01 114 days 1,928 sqft
    2019-05-01 81 days 1,982 sqft
    2019-06-01 59 days 1,940 sqft
    2019-07-01 65 days 1,944 sqft
    2019-08-01 78 days 1,972 sqft
    2019-09-01 93 days 1,994 sqft
    2019-10-01 88 days 1,988 sqft
    2019-11-01 94 days 1,995 sqft
    2019-12-01 117 days 1,930 sqft
    2020-01-01 122 days 1,907 sqft
    2020-02-01 121 days 1,920 sqft
    2020-03-01 103 days 1,932 sqft
    2020-04-01 96 days 1,932 sqft
    2020-05-01 82 days 1,962 sqft
    2020-06-01 64 days 2,007 sqft
    2020-07-01 57 days 1,986 sqft
    2020-08-01 59 days 1,998 sqft
    2020-09-01 54 days 1,968 sqft
    2020-10-01 63 days 1,899 sqft
    2020-11-01 77 days 1,902 sqft
    2020-12-01 94 days 1,889 sqft
    2021-01-01 115 days 1,866 sqft
    2021-02-01 105 days 1,852 sqft
    2021-03-01 42 days 1,877 sqft
    2021-04-01 24 days 1,872 sqft
    2021-05-01 32 days 1,822 sqft
    2021-06-01 23 days 1,854 sqft
    2021-07-01 30 days 1,835 sqft
    2021-08-01 38 days 1,898 sqft
    2021-09-01 44 days 1,853 sqft
    2021-10-01 51 days 1,923 sqft
    2021-11-01 58 days 1,899 sqft
    2021-12-01 70 days 1,961 sqft
    2022-01-01 81 days 1,918 sqft
    2022-02-01 41 days 1,873 sqft
    2022-03-01 17 days 1,933 sqft
    2022-04-01 16 days 1,886 sqft
    2022-05-01 11 days 1,877 sqft
    2022-06-01 16 days 2,019 sqft
    2022-07-01 29 days 2,016 sqft
    2022-08-01 38 days 2,011 sqft
    2022-09-01 36 days 1,953 sqft
    2022-10-01 32 days 1,962 sqft
    2022-11-01 53 days 1,931 sqft
    2022-12-01 81 days 1,967 sqft
    2023-01-01 98 days 1,953 sqft
    2023-02-01 65 days 1,920 sqft
    2023-03-01 50 days 1,922 sqft
    2023-04-01 37 days 1,839 sqft
    BURLINGTON - SOUTH BURLINGTON's median listing age (time on market) for 2023-04-01 was 37 days. This is 128% longer than the same period one year ago.

    BURLINGTON - SOUTH BURLINGTON's median square footage for active listings during the 2023-04-01 period was 1,839 sqft. One year prior, the average listing was 1,886 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
    05401 Burlington-South Burlington, VT $1,100 $1,240 $1,600 $1,980 $2,170
    05402 Burlington-South Burlington, VT $1,070 $1,200 $1,550 $1,920 $2,100
    05403 Burlington-South Burlington, VT $1,180 $1,340 $1,720 $2,150 $2,340
    05404 Burlington-South Burlington, VT $1,050 $1,190 $1,530 $1,890 $2,070
    05405 Burlington-South Burlington, VT $1,120 $1,260 $1,620 $2,010 $2,200
    05406 Burlington-South Burlington, VT $1,070 $1,200 $1,550 $1,920 $2,100
    05407 Burlington-South Burlington, VT $1,070 $1,200 $1,550 $1,920 $2,100
    05408 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05439 Burlington-South Burlington, VT $1,040 $1,170 $1,510 $1,880 $2,040
    05440 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05441 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05444 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05445 Burlington-South Burlington, VT $1,480 $1,710 $2,200 $2,730 $2,980
    05446 Burlington-South Burlington, VT $1,010 $1,150 $1,470 $1,830 $1,990
    05447 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05448 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05449 Burlington-South Burlington, VT $1,070 $1,200 $1,550 $1,920 $2,100
    05450 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05451 Burlington-South Burlington, VT $1,070 $1,200 $1,550 $1,920 $2,100
    05452 Burlington-South Burlington, VT $1,030 $1,160 $1,500 $1,850 $2,030
    05453 Burlington-South Burlington, VT $1,070 $1,200 $1,550 $1,920 $2,100
    05454 Burlington-South Burlington, VT $1,110 $1,250 $1,610 $1,990 $2,180
    05455 Burlington-South Burlington, VT $1,000 $1,160 $1,490 $1,850 $2,020
    05457 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05458 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05459 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05460 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05461 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05462 Burlington-South Burlington, VT $1,050 $1,190 $1,530 $1,890 $2,070
    05463 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05464 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05465 Burlington-South Burlington, VT $1,020 $1,180 $1,530 $1,890 $2,070
    05468 Burlington-South Burlington, VT $1,010 $1,140 $1,470 $1,830 $1,990
    05470 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05471 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05474 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05476 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05477 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05478 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05481 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05482 Burlington-South Burlington, VT $1,370 $1,590 $2,050 $2,540 $2,780
    05483 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05485 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05486 Burlington-South Burlington, VT $1,310 $1,530 $1,960 $2,430 $2,650
    05487 Burlington-South Burlington, VT $1,120 $1,260 $1,620 $2,000 $2,200
    05488 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05489 Burlington-South Burlington, VT $1,320 $1,480 $1,910 $2,360 $2,590
    05490 Burlington-South Burlington, VT $1,070 $1,200 $1,550 $1,920 $2,100
    05494 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990
    05495 Burlington-South Burlington, VT $1,150 $1,290 $1,670 $2,060 $2,260
    05676 Burlington-South Burlington, VT $990 $1,140 $1,470 $1,830 $1,990

    2022 Average & Median Rent Data Statistics
    BURLINGTON-SOUTH BURLINGTON, VT average 1BR rent: $1,203, median: $1,140
    BURLINGTON-SOUTH BURLINGTON, VT average 2BR rent: $1,550, median: $1,470
    BURLINGTON-SOUTH BURLINGTON, VT average 3BR rent: $1,925, median: $1,830

    BURLINGTON-SOUTH BURLINGTON, VT Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 2,804 $1,114,450,000 $397,450
    Home Improvement 1,115 $118,325,000 $106,121
    Refi 1,087 $240,575,000 $221,320
    Cash Out Refi 906 $242,950,000 $268,157
    Other 552 $84,860,000 $153,732

    Burlington - South Burlington's most frequently cited loan purpose was Home Purchase, with 2,804 originations. The 2nd most popular reason was Home Improvement, with 1,115 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 1,724 $529,240,000 $306,984
    4-5% 1,446 $419,520,000 $290,124
    5-6% 1,341 $407,615,000 $303,963
    2.5-3% 524 $150,100,000 $286,450
    6-7% 520 $122,360,000 $235,308
    <2.5% 462 $88,290,000 $191,104
    7-8% 143 $25,555,000 $178,706
    Over 8% 66 $5,960,000 $90,303

    During 2022, Burlington - South Burlington's most frequently originated rate bucket was 3-4%, with 1,724 originations.

    Loan Sizing (BURLINGTON-SOUTH BURLINGTON, VT MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 2,407 $694,865,000 $288,685
    $100,000 or less 1,674 $82,400,000 $49,223
    $100k-200k 1,319 $193,475,000 $146,683
    $400k-600k 780 $368,520,000 $472,462
    $600k-1000k 211 $151,325,000 $717,180
    $Over $1MM 73 $310,575,000 $4,254,452

    BURLINGTON - SOUTH BURLINGTON's loan sizing saw the bucket of loans from $200k-400k with 2,407 originations, totaling $694,865,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    60-80% 1,614 $677,520,000 $419,777
    80-100% 1,461 $568,185,000 $388,901
    Under 20% 1,365 $79,705,000 $58,392
    40-60% 877 $256,195,000 $292,127
    20-40% 855 $128,755,000 $150,591
    Over 100% 48 $37,230,000 $775,625

    BURLINGTON - SOUTH BURLINGTON's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,614 originations, totaling $677,520,000 in origination value.