The story of this market
The typical home in ZIP 05407 sells for about $516,143, or $250 per square foot.
Prices are down 1.9% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $2,100 a month.
ZIP 05407 — South Burlington
The housing market in 05407 remains stable with high demand and limited inventory, reflecting broader trends in the Burlington metropolitan area. While prices have seen a slight year-over-year adjustment, the area's strong economic base and ongoing development projects continue to support long-term value. Note: ZIP 05407 is a unique PO Box ZIP code located within 05403; market data reflects the broader South Burlington city context.
This area is ideal for families and professionals seeking a balance between suburban living and urban accessibility, with strong school systems and ongoing infrastructure investment.
Median prices moved down 1.9% year over year.
Homes spend a median of 35 days on market with 3.2 months of supply — a fast-moving market.
15% 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 2.8% · poverty 6.5% — a stable, low-distress 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 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 05407, Chittenden County VT
South Burlington schools are generally highly regarded within the Chittenden County region, consistently maintaining strong performance metrics.
The area faces standard New England climate risks, including seasonal flooding potential near water bodies and winter storm impacts.
The city is currently undergoing a significant 'City Center' initiative to create a walkable downtown core, supported by proximity to major employers like the University of Vermont and UVM Medical Center.
Property taxes are assessed at the municipal and state education levels; Vermont utilizes a statewide education property tax system with rates adjusted by local school district spending.
Residents benefit from proximity to I-89 and major arterial roads, providing efficient access to downtown Burlington and the surrounding metropolitan employment hubs.
The area features extensive access to the Burlington bike path network, numerous municipal parks, and proximity to Lake Champlain for seasonal water activities.
The rental market is characterized by high demand and low vacancy rates, driven by the student population and proximity to major regional employers.
The economy is anchored by the University of Vermont, UVM Medical Center, and a growing tech and aerospace sector in the greater Burlington area.
The area is served by the Green Mountain Transit system and provides easy access to I-89, connecting the city to the wider Vermont region.
The City Center Initiative remains the primary focus for development, aiming to increase density and walkability within the city core.
Parcels are subject to municipal and school district taxes, with specific utility districts providing water and sewer services.
Property insurance premiums are stable but reflect regional risks associated with severe winter weather and occasional flooding.
Data retrieved from data.census.gov ZCTA-level tables.
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 Colchester4.32.6 mi
- Get Air Trampoline Park4.12.7 mi
- Monkey Do!4.32.8 mi
- The Great Escape Room Burlington52.2 mi
- Escape Room 6053.4 mi
- Stowe Mountain Resort4.219.4 mi
- Champlain Valley Exposition4.32.9 mi
- ECHO, Leahy Center for Lake Champlain4.62.6 mi
- Foam Brewers - Burlington4.72.5 mi
- Spare Time Colchester4.32.6 mi
- Shelburne Museum4.87.4 mi
- Shelburne Farms4.86.4 mi
- Champlain Valley Exposition4.32.9 mi
- ECHO, Leahy Center for Lake Champlain4.62.6 mi
- Waterfront Park4.72.6 mi
- Shelburne Museum4.87.4 mi
- ECHO, Leahy Center for Lake Champlain4.62.6 mi
- Ethan Allen Homestead Museum and Historic Site4.54 mi
- Lake Champlain Causeway4.910.4 mi
- Fleming Museum of Art4.51.5 mi
- Shelburne Farms4.86.4 mi
- Waterfront Park4.72.6 mi
- Causeway Park4.88.3 mi
- North Beach Park4.63.8 mi
- Leddy Park4.54.6 mi
- Apple Island Resort4.312.4 mi
- Point Bay Marina4.914.6 mi
- Indian Bay Marina and Restaurant4.811.4 mi
- Burlington Harbor Marina4.72.8 mi
- Apple Island Resort4.312.4 mi
- Cedar Knoll Country Club4.712.4 mi
- Kwiniaska Golf Course4.15.5 mi
- Church Street Marketplace4.52.2 mi
- University Mall3.80.8 mi
- T.J. Maxx4.22.4 mi
- Healthy Living4.40.7 mi
- Shaw's42.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large community park with sports fields and walking trails.
Major regional shopping destination serving the Burlington area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.