Home Values in Burlington, MA
The average home price in Burlington, MA is approximately $825,000 (median), with homes trading at $445/sqft. Home values in Burlington have appreciated at roughly 3.8% per year, reflecting steady demand and limited inventory typical of Greater Boston suburbs.
Census estimated median home value: $659K (ACS 2022 5-year). Current market prices typically run higher due to post-2022 appreciation.
Financing Considerations
Properties in Burlington typically may qualify for high-balance conforming loans, though jumbo financing might be needed depending on exact property price.
Learn about loan thresholds, property condition impact, flood/wind insurance, and how vintage homes (common in many MA towns) affect mortgage approval.
The Vibe
Classic Route 128 tech corridor suburb—office parks, mall access, solid schools, and convenient location for professionals. Family-friendly without the luxury price tag.
What It's Really Like
Burlington is practical suburbia at its finest—great schools, Burlington Mall, easy Route 128 access, and family-friendly neighborhoods. Not sexy, but it works.
Best For
- ✓Tech workers on Route 128
- ✓Families wanting value and convenience
- ✓Professionals seeking short commutes
- ✓Those who prioritize location over prestige
Avoid If
- ✗You want historic charm or character
- ✗You prefer walkable downtown areas
- ✗You seek luxury or exclusivity
Highlights
Insider Tips
- Route 128 commute beats commuter rail for flexibility
- Burlington Mall area has tons of restaurants
- Good value relative to nearby Lexington/Winchester
Demographics
Source: Census ACS 2023 5-year estimates
Economic Profile
Religious Community
Housing Stock Age
Moderate Insurance Risk
Median home built in 1968. Insurance premiums estimated at $2,200/year. Some older homes may require system updates (electrical, plumbing, HVAC).
Insurance Cost Calculator
Estimate your annual homeowners insurance premium
Leave blank to use town median (1968)
30-Year Mortgage Impact
Total insurance cost over 30-year mortgage (equivalent to 0.3% of home value)
Age Penalty
This home costs $589 more per year to insure than a newly built home. Over 30 years, that's $17,670 in additional insurance costs.
Ways to Lower Your Premium
- Bundle home + auto insurance with same carrier (10-25% discount)
- Increase deductible from $500 to $2,500 (save 15-30%)
- Install monitored security system (5-20% discount)
- Update electrical panel and remove knob-and-tube wiring
- Replace roof with impact-resistant materials (save 5-15%)
- Upgrade plumbing to PEX or copper
- Complete full home inspection and address major issues
- Consider MAPFRE or Chubb for historic home coverage
* Estimates based on Massachusetts state averages and typical underwriting criteria. Actual premiums vary by carrier, coverage limits, deductible, claims history, and credit score. For accurate quotes, contact a licensed insurance agent.
Construction Era Distribution
Resources & Research
School Information
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Market Analysis
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