Real Estate Market Update for 05403 (South Burlington, VT)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was stable from one year earlier, and up 5% from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just under 450-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 97%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 370-thousand dollars. The number of units sold increased 22% year-over-year, and increased 56% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 05403 (South Burlington, VT)
Area Information for 05403 (South Burlington, VT)
  • Population: 18,650
  • Median Age: 41.47 yr
  • Median Commute Time: 14 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 1,137/sq mi
  • Population Change Since 2000: 21.93%
  • Closest Airport: Burlington International
  • Closest College: University Of Vermont-clg Of Medicine
  • Closest Jr. College: Community College Vt-winooski Campus
  • Median Household Income: $66,654
  • Annual Residential Turnover: 15%
  • Median Home Sales Price: $255,500
  • Closest Major Sports Team: Vermont Lake Monsters (a)
  • Change Avg. Household Income Since 2000: 33.53%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 05403 (South Burlington, VT)
Median Age: 41.47 Married: 42% Number of Households: 8,303 Households with Children: 1,881
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 05403 (South Burlington, VT)

      School Name Distance Type Grades School Rating Parent Rating
      South Burlington High School 0.7 mi Public 9-12 5 4
      Frederick H. Tuttle Middle School 0.7 mi Public 6-8 5 0
      Rick Marcotte Central School 1.4 mi Public K-5 5 0
      Rice Memorial High School 1.5 mi Catholic 9-12 0 0
      Centerpoint School 1.5 mi Private 7-12 0 0
      Kids & Fitness 1.6 mi Private PRESCHOOL-K 0 0
      Chamberlin School 1.7 mi Public K-5 5 3
      Orchard School 1.9 mi Public K-5 5 0
      Vermont Commons School 2.0 mi Private 6-12 0 0
      The Schoolhouse Learning Center 2.1 mi Private PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 05403 (South Burlington, VT)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.