Sep 2026
$326K
-0.9% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Burlington, NC housing market
Burlington, NC metro median sale price $326K in Sep 2026, down 0.9% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Burlington, NC metro is $326K as of Sep 2026, down 0.9% from a year earlier. The decline is steeper than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 5.4% through Q2 2026.
On median sale price, Burlington ($326K) ranks 7th of the 15 North Carolina metros Pecan Street tracks, between Charlotte ($416K) and Jacksonville ($318K). On median days on market, Burlington (61 days) ranks 11th of the 15 North Carolina metros, between Fayetteville (62 days) and Durham (60 days). On share of listings with a price cut, Burlington (42%) ranks 7th of the 15 North Carolina metros, between Durham (43%) and Asheville (40%).
Listings spent a median 61 days on market in Sep 2026. 42% of active listings carry a price cut, 0.6 points more than a year earlier. That share is higher than in most of the 385 metros. Median asking prices sit about 7% above the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,787 a month; at 28% of gross income, that takes about $77K a year. The median sale price equals about 16 years of HUD Fair Market Rent, a ratio down 0.2% from a year earlier. That ratio is higher than in most of the 373 metros. Active listings ask a median $186 per square foot, up 0.5% from a year earlier.
In five of the six ZIP codes in the table below, median list prices are lower than a year earlier; one is higher.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,787/mo
$77K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Burlington compares to other U.S. metros
| Home-price growth | ↓322nd of 383 |
|---|---|
| Price cuts | ↑110th of 385 (top 29%) |
| Price-to-rent | ↑136th of 373 (top 37%) |
| Days on market | 159th of 385 (top 42%) |
| Asking-vs-sale gap | 141st of 292 (top 49%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 16 -0.2% YoY ↑136th of 373 (top 37%) |
|---|---|
| Asking price / sq ft | $186 +0.5% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 42% +0.6 pts YoY ↑110th of 385 (top 29%) |
|---|
The median asking price $348K runs about 7% above the median sale price $326K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 6 shown of 7 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 6.3ppRedfin (metro) -0.9% | FHFA HPI · Q2 2026 +5.4% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in NC
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 27215 | $347K↑ | 177↑ | 60↑ | 70↑ | 57↑ | $293K↑ |
| 27217 | $275K↓ | 92↓ | 22↓ | 46 | 75↑ | $223K↑ |
| 27244 | $322K↓ | 37↑ | 8↓ | 20↑ | 79↑ | $315K↑ |
| 27253 | $358K↓ | 133↑ | 36↑ | 60↑ | 65↑ | $300K↑ |
| 27258 | $340K↓ | 38↑ | 8↓ | 14↑ | 87↑ | $322K↑ |
| 27302 | $398K↓ | 190↑ | 72↑ | 64↑ | 51↓ | $348K↓ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.