The story of this market
The typical home in ZIP 05408 sells for about $369,400, or $250 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,457 a month.
ZIP 05408 — Burlington
The housing market in 05408 remains stable with steady demand driven by the university and medical center employment base. Limited inventory continues to support price growth, though the pace has moderated compared to previous years. Buyers face a competitive environment, particularly for well-located single-family homes.
This ZIP is ideal for university-affiliated professionals, young families, and outdoor enthusiasts who value proximity to Lake Champlain and the amenities of Burlington.
Median prices moved up 3.2% year over year.
Homes spend a median of 45 days on market with 3.5 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 3.6% · poverty 7.7% — 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 4.7%/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 5.0%/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 05408, Chittenden County, Vermont
Crime rates in Burlington are generally low compared to national averages, with property crime being the most frequently reported issue in the urban core.
The area is served by the Burlington School District, which is generally well-regarded for its commitment to diverse student needs and academic support.
The area faces moderate risks from seasonal flooding near Lake Champlain and winter storm-related infrastructure stress.
Economic momentum is driven by the University of Vermont, the medical center, and a growing tech and remote-work sector in the Burlington metro area.
Property taxes are assessed at the municipal level in Vermont, with education funding primarily derived from a statewide property tax system.
Residents typically enjoy short commutes within the Burlington area, with easy access to major corridors like I-89.
The ZIP features extensive access to Lake Champlain waterfront, numerous public parks, and proximity to the Burlington bike path network.
The rental market is highly competitive due to the proximity of the university and limited housing stock, keeping vacancy rates low.
The economy is anchored by the University of Vermont, the University of Vermont Medical Center, and a robust local tourism and retail sector.
The area is served by Green Mountain Transit and is well-connected to regional highway networks.
Ongoing urban infill projects and residential density improvements are prioritized in the city's master plan.
Parcels are subject to municipal property taxes and local school district levies.
Insurance premiums are stable but reflect risks associated with severe winter weather and potential lake-related flooding.
Data retrieved from data.census.gov ZCTA 05408 profile.
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 Colchester4.34.2 mi
- Get Air Trampoline Park4.17.6 mi
- Monkey Do!4.37.8 mi
- Champy's Fun City4.317.5 mi
- The Great Escape Room Burlington52.9 mi
- Champlain Valley Exposition4.36.8 mi
- ECHO, Leahy Center for Lake Champlain4.62.6 mi
- Foam Brewers - Burlington4.72.5 mi
- Spare Time Colchester4.34.2 mi
- Higher Ground4.34.8 mi
- Ausable Chasm4.510 mi
- Shelburne Museum4.89 mi
- Shelburne Farms4.87.4 mi
- Champlain Valley Exposition4.36.8 mi
- ECHO, Leahy Center for Lake Champlain4.62.6 mi
- Shelburne Museum4.89 mi
- ECHO, Leahy Center for Lake Champlain4.62.6 mi
- Ethan Allen Homestead Museum and Historic Site4.51.5 mi
- Lake Champlain Causeway4.95.9 mi
- Fleming Museum of Art4.53.5 mi
- Ausable Chasm4.510 mi
- Shelburne Farms4.87.4 mi
- Waterfront Park4.72.4 mi
- Causeway Park4.83.8 mi
- Grand Isle State Park4.612.9 mi
- Apple Island Resort4.39.2 mi
- Point Bay Marina4.915.8 mi
- Indian Bay Marina and Restaurant4.88.3 mi
- Plattsburgh Boat Basin4.416.1 mi
- Burlington Harbor Marina4.72.3 mi
- Apple Island Resort4.39.2 mi
- Kwiniaska Golf Course4.18 mi
- Church Street Marketplace4.52.9 mi
- University Mall3.84.5 mi
- T.J. Maxx4.24.3 mi
- Healthy Living4.44.8 mi
- Shaw's43.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major recreational hub for boating and swimming.
Scenic multi-use path along the waterfront.
Historic pedestrian-only outdoor mall.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.