Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 18,791 people, 8,289 houses or apartments, and a median cost of homes of $314,721, South Burlington real estate is some of the most expensive in Vermont, although South Burlington home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in South Burlington, accounting for 45.84% of the city's housing units. Other types of housing that are prevalent in South Burlington include large apartment complexes or high rise apartments ( 27.21%), row houses and other attached homes ( 14.55%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.40%).
People in South Burlington primarily live in small (one, two or no bedroom) single-family detached homes. South Burlington has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in South Burlington built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in South Burlington built between 1940-1969 ( 28.23%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.68%). There's also some housing in South Burlington built before 1939 ( 4.76%).
Appreciation rates for homes in South Burlington have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.96%, which ranks in the top 50% nationwide. This equates to an annual average South Burlington house appreciation rate of 0.39%.
Over the last year, South Burlington appreciation rates have trailed the rest of the nation. In the last twelve months, South Burlington's appreciation rate has been 0.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in South Burlington were at 0.43%, which equates to an annual appreciation rate of 1.73%.
Relative to Vermont, our data show that South Burlington's latest annual appreciation rate is lower than 80% of the other cities and towns in Vermont.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within South Burlington differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in South Burlington - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best South Burlington real estate investment or home purchase decisions.
|$797,001 - $1,063,000||1.5|
|$532,001 - $797,000||5.7|
|$426,001 - $532,000||8.6|
|$319,001 - $426,000||20.3|
|$213,001 - $319,000||41.6|
|$106,001 - $213,000||20.7|
|$53,001 - $106,000||0.3|
|$0 - $53,000||0.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF South Burlington HOMES|
|2000 or Newer||20.7|
|1970 - 1999||46.3|
|1940 - 1969||28.2|
|1939 or Older||4.8|
|TYPE OF South Burlington HOMES|
|Small Apt. Buildings||12.4|
|SIZE OF South Burlington HOMES|
|5 or more bedrooms||3.20|