How much house does $500,000 buy you in Burlington?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Burlington?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Burlington right now. Listings below $500,000 were included if necessary.
6 Fairfield Hill Rd, St Albans City, VT 05478
- Price: $495,000
- 4 bedrooms, 2 bathrooms
- Square feet: 3,623
- See 6 Fairfield Hill Rd, St Albans City, VT 05478 on Redfin.com
18 Maplewood Dr, South Burlington, VT 05403
- Price: $499,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,780
- See 18 Maplewood Dr, South Burlington, VT 05403 on Redfin.com
300 Cvu Rd, Hinesburg, VT 05461
- Price: $499,000
- 4 bedrooms, 1.8 bathrooms
- Square feet: 2,242
- See 300 Cvu Rd, Hinesburg, VT 05461 on Redfin.com
63 Birch Ct, Burlington, VT 05408
- Price: $489,000
- 4 bedrooms, 1.5 bathrooms
- Square feet: 1,208
- See 63 Birch Ct, Burlington, VT 05408 on Redfin.com
58 Edward St, Saint Albans, VT 05478
- Price: $499,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,269
- See 58 Edward St, Saint Albans, VT 05478 on Redfin.com
171 Greenbrook Cir, Milton, VT 05468
- Price: $487,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,190
- See 171 Greenbrook Cir, Milton, VT 05468 on Redfin.com
63 Cherrierville Rd, Fairfax, VT 05454
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,906
- See 63 Cherrierville Rd, Fairfax, VT 05454 on Redfin.com
98 Logwood St, South Burlington, VT 05403
- Price: $499,000
- 3 bedrooms, 2.3 bathrooms
- Square feet: 2,298
- See 98 Logwood St, South Burlington, VT 05403 on Redfin.com
15 Dogwood Cir, Milton, VT 05468
- Price: $490,750
- 3 bedrooms, 2.3 bathrooms
- Square feet: 1,592
- See 15 Dogwood Cir, Milton, VT 05468 on Redfin.com
5 Tylers Way, Swanton, VT 05488
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 3,020
- See 5 Tylers Way, Swanton, VT 05488 on Redfin.com
183 Intervale Ave, Burlington, VT 05401
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,054
- See 183 Intervale Ave, Burlington, VT 05401 on Redfin.com
93 Hanley Ln, Jericho Ctr, VT 05465
- Price: $495,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,916
- See 93 Hanley Ln, Jericho Ctr, VT 05465 on Redfin.com
34 Learned Dr, Westford, VT 05494
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,896
- See 34 Learned Dr, Westford, VT 05494 on Redfin.com
16 Dozer Dr, St Albans City, VT 05478
- Price: $489,000
- 3 bedrooms, 1.8 bathrooms
- Square feet: 1,650
- See 16 Dozer Dr, St Albans City, VT 05478 on Redfin.com
482 Pidgeon Hill Rd, Franklin, VT 05457
- Price: $490,000
- 3 bedrooms, 1.8 bathrooms
- Square feet: 1,600
- See 482 Pidgeon Hill Rd, Franklin, VT 05457 on Redfin.com
922 E Lakeshore Dr, Colchester, VT 05446
- Price: $499,000
- 3 bedrooms, 1.8 bathrooms
- Square feet: 1,420
- See 922 E Lakeshore Dr, Colchester, VT 05446 on Redfin.com
109 Hog Island Rd, Swanton, VT 05488
- Price: $485,000
- 3 bedrooms, 1.5 bathrooms
- Square feet: 2,000
- See 109 Hog Island Rd, Swanton, VT 05488 on Redfin.com
39 Gail St, Winooski, VT 05404
- Price: $495,000
- 3 bedrooms, 1.5 bathrooms
- Square feet: 1,416
- See 39 Gail St, Winooski, VT 05404 on Redfin.com
570 Lapan Rd, St. Albans Town, VT 05481
- Price: $499,000
- 3 bedrooms, 1 bathroom
- Square feet: 1,372
- See 570 Lapan Rd, St. Albans Town, VT 05481 on Redfin.com
86 North Rd, Westford, VT 05494
- Price: $499,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,195
- See 86 North Rd, Westford, VT 05494 on Redfin.com
132 Covington Ln, Shelburne, VT 05482
- Price: $479,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,698
- See 132 Covington Ln, Shelburne, VT 05482 on Redfin.com
30 Eastman Farm Rd, Burlington, VT 05408
- Price: $489,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,676
- See 30 Eastman Farm Rd, Burlington, VT 05408 on Redfin.com
203 Franklin Park W, St Albans City, VT 05478
- Price: $486,000
- 2 bedrooms, 2 bathrooms
- Square feet: 2,169
- See 203 Franklin Park W, St Albans City, VT 05478 on Redfin.com
194 Lakewood Dr, Swanton, VT 05488
- Price: $495,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,152
- See 194 Lakewood Dr, Swanton, VT 05488 on Redfin.com
15 Dogwood Cir, Milton, VT 05468
- Price: $481,700
- 2 bedrooms, 1.8 bathrooms
- Square feet: 1,356
- See 15 Dogwood Cir, Milton, VT 05468 on Redfin.com
13 Clover Ln, Hinesburg, VT 05461
- Price: $489,000
- 2 bedrooms, 1.5 bathrooms
- Square feet: 1,483
- See 13 Clover Ln, Hinesburg, VT 05461 on Redfin.com
81 S Williams St, Burlington, VT 05401
- Price: $499,000
- 2 bedrooms, 1.5 bathrooms
- Square feet: 1,045
- See 81 S Williams St, Burlington, VT 05401 on Redfin.com
115 Dodds Ct, Burlington, VT 05408
- Price: $480,000
- 2 bedrooms, 1.3 bathrooms
- Square feet: 1,220
- See 115 Dodds Ct, Burlington, VT 05408 on Redfin.com
184 E Redrock Dr, Burlington, VT 05401
- Price: $485,000
- 2 bedrooms, 1 bathroom
- Square feet: 1,899
- See 184 E Redrock Dr, Burlington, VT 05401 on Redfin.com
1 Steele St, Burlington, VT 05401
- Price: $499,000
- 2 bedrooms, 1 bathroom
- Square feet: 998
- See 1 Steele St, Burlington, VT 05401 on Redfin.com
