Burlington, IA metro area Housing Market

Cold Market

Comprehensive housing market data for the Burlington, IA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$140K

41.4% YoY

Days on Market

83 days

69.4% YoY

Active Inventory

139

10.3% YoY

Homes Sold

51

30.8% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Burlington, IA metro area Market Summary

The Burlington, IA metro area housing market is cooling down. As of March 2026, the median home sale price is $140K, up 41.4% year-over-year. Homes are spending a median of 83 days on the market, 69.4% longer than a year ago.

There are 139 homes for sale — 10.3% fewer than last year. With 2.7 months of supply, this is a seller's market. 55 new listings were added during this period, up 14.6% year-over-year.

Homes are selling for 94.8% of their list price on average, suggesting room for negotiation. 13.7% of homes sell above their asking price. 20.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

76

Contributing Factors

Months of Supply 2.7
Days on Market 83
Price Drops 20.9%
Sale-to-List Ratio 94.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 67.9%
Days on Market (National: 55) 50.9%
Inventory (National: 1,314,690) 100.0%

vs. Iowa Median

Median Price (Iowa: $251K) 44.3%
Days on Market (Iowa: 72) 15.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 68% below the national median, which could indicate stronger cash flow potential.

Burlington, IA metro area Market Trends

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Detailed Market Metrics

Median List Price

$150K

Price per Sq Ft

$101

Sale-to-List Ratio

94.8%

Months of Supply

2.7

Sold Above List

13.7%

Price Drops

20.9%

New Listings

55

14.6% YoY

Pending Sales

54

Off Market in 2 Weeks

38.9%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.