October's First-Time Homebuyer Report for Burlington

Burlington has a much older population than other areas in Washington with a median age of 32 years. It is also somewhat affluent with a median income of $48,722 per household. The Burlington market is almost exclusively made up of detached homes, currently accounting for 100% overall. Heading the list of top schools in the city is Bayview Alternative School.

Price Range

The housing prices of Burlington are close to the state average with a median home value of $186,600 and a current average list price of $241,592.

Curious as to which homes have been getting the most attention in Burlington? These listings have stirred up interest and produced the most views:

$355K   $299K   $379K  

Typical Dwelling

A three-bedroom detached home valued around $245,229 is considered a typical dwelling in Burlington. If a buyer was looking for a similar home, they would need good credit and a $49,046 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $989 and the property tax rate is $10.94 per $1,000 of taxable assessed value.

Get started right now by checking out Burlington homes for sale or reviewing Burlington real estate trends.


Data reported through 10/13/2016

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