The story of this market
The typical home in ZIP 05405 sells for about $516,143, or $325 per square foot.
Prices are down 1.9% from a year ago, which gives buyers more room to negotiate. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,400 a month.
ZIP 05405 — Burlington
The housing market in 05405 remains highly competitive due to the institutional presence of the University of Vermont, which keeps inventory tight. While median prices have seen a slight year-over-year decline, the market remains robust compared to historical norms. Demand is driven by the university's stable employment base and the limited supply of housing in the immediate campus vicinity.
This ZIP code is primarily suited for university students, faculty, and staff who prioritize proximity to campus. It is less ideal for traditional family buyers seeking suburban space due to the institutional nature of the area.
Median prices moved down 1.9% year over year.
Homes spend a median of 15 days on market with 3.4 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 100.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 05405, Chittenden County VT
Burlington generally experiences low violent crime rates compared to national averages, though property crime remains the primary concern for local law enforcement. Trends have remained relatively stable in recent years.
The area is served by the Burlington School District, which provides a comprehensive public education system; the University of Vermont is the primary anchor institution within this specific ZIP code.
The region faces moderate risks from winter storms and occasional flooding near the Lake Champlain shoreline. Insurance premiums are influenced by these seasonal weather patterns and the age of the local housing stock.
Economic momentum is driven by the University of Vermont and the associated medical center, which serve as the primary employers. Infrastructure development is focused on maintaining the historic urban core while supporting institutional expansion.
Property taxes in Burlington are determined by a combination of municipal and state-wide education tax rates. The city utilizes a local appraisal system, and exemptions are available for primary residences under the Vermont Homestead Declaration.
This ZIP code is located on the University of Vermont campus, offering high walkability and access to the Green Mountain Transit network. Most residents commute short distances to the downtown Burlington employment core.
The area features immediate access to the University of Vermont campus green spaces, nearby athletic facilities, and the extensive waterfront parks along Lake Champlain. Shopping and dining districts are concentrated in the adjacent downtown Burlington area.
The rental market is heavily influenced by the university student population, resulting in high demand and low vacancy rates. Short-term rental activity is strictly regulated by city ordinances.
The economy is anchored by the University of Vermont and the University of Vermont Medical Center, which are the largest employers in the region. The mix includes significant healthcare, education, and research sectors.
The area is well-served by the Green Mountain Transit bus system and is highly accessible via major regional highway corridors. Commuter infrastructure is focused on connecting the university to the broader Burlington metro area.
Development is largely focused on institutional projects and high-density residential infill within the city limits. Major projects are subject to strict municipal zoning and environmental review.
Parcels are subject to the Burlington School District and municipal utility assessments. No major MUD/PID districts are present.
Property insurance premiums are stable but reflect the regional risk of winter-related damage and the historic nature of local structures.
Data retrieved from data.census.gov for ZCTA 05405.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Spare Time Colchester4.32.4 mi
- Get Air Trampoline Park4.13.8 mi
- Monkey Do!4.34 mi
- The Great Escape Room Burlington51 mi
- Escape Room 6054.6 mi
- Champlain Valley Exposition4.33.8 mi
- ECHO, Leahy Center for Lake Champlain4.61.3 mi
- Foam Brewers - Burlington4.71.3 mi
- Spare Time Colchester4.32.4 mi
- Higher Ground4.31 mi
- Shelburne Museum4.87.2 mi
- Shelburne Farms4.86 mi
- Champlain Valley Exposition4.33.8 mi
- ECHO, Leahy Center for Lake Champlain4.61.3 mi
- Waterfront Park4.71.4 mi
- Shelburne Museum4.87.2 mi
- ECHO, Leahy Center for Lake Champlain4.61.3 mi
- Ethan Allen Homestead Museum and Historic Site4.53 mi
- Lake Champlain Causeway4.99.4 mi
- Fleming Museum of Art4.50.4 mi
- Shelburne Farms4.86 mi
- Waterfront Park4.71.4 mi
- Causeway Park4.87.3 mi
- North Beach Park4.62.6 mi
- Leddy Park4.53.5 mi
- Apple Island Resort4.311.7 mi
- Point Bay Marina4.914.5 mi
- Indian Bay Marina and Restaurant4.810.3 mi
- Plattsburgh Boat Basin4.419.6 mi
- Burlington Harbor Marina4.71.6 mi
- Apple Island Resort4.311.7 mi
- Kwiniaska Golf Course4.15.5 mi
- Church Street Marketplace4.50.9 mi
- University Mall3.80.8 mi
- T.J. Maxx4.21.8 mi
- Healthy Living4.41 mi
- Shaw's42.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The primary anchor and green space provider for the ZIP code.
Provides extensive trails and public access points within a short distance.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.