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Tuesday, February 15, 2022

Your Burlington NC Real Estate Questions Answered

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Your Burlington, NC Real Estate Questions Answered

Are you looking at living in Burlington, North Carolina? The affordable cost of living, access to greenways, and close-knit neighborhoods make this city near Greensboro an attractive place to live. A hub for textile production for decades, modern Burlington has developed a vibrant downtown that serves as the community’s hub. 

If you’re considering moving to Burlington, use our frequently asked questions guide to get your real estate search started. 

What is the average price of a home in Burlington, NC?

As of January 2022, Burlington’s home median listing price was $245,000. There were 260 homes for sale, and their prices ranged from $79,600 to $1.3 million. The average median listing home price per square foot was $137. Median listing prices have been on the rise since February 2021. 

Are there any condos or townhomes available in Burlington, NC? 

Yes, you can find townhomes and condo properties in Burlington. In January 2022, there were seven available properties. The most affordable listing was $132,000 for 2-bedrooms and 2-bathrooms with 1,126 sq ft. The most expensive listing was a new construction townhome for $434,614 with 2,079 square feet, 3-bedrooms, and 2-bathrooms. 

What is the property tax rate for Burlington, NC?

The city of Burlington charged a $0.5973 property tax rate per $100 of assessed value in 2021-2022. For downtown real estate, there is a special assessment of an additional $0.17. 

The countywide tax rate was $0.66 for 2021-2022. Some addresses may have a special fire district tax depending on your property’s specific address. 

What county is Burlington, NC in?

Burlington is the largest city in Alamance County, a region with over 155,000 residents. The city’s eastern border is shared with the towns of Elon and Glen Raven. Along the western boundary is Graham, the official county seat. 

Alamance County has a rich history dating back to the pre-Colonial period when the Sissipahaw peoples dominated it. European settlers moved into the region using their established pathways. Since that time, Alamance has seen pre-Revolutionary war battles, railroad expansion, textile production, and industrial growth.

Is Burlington, NC growing?

The US Census counted 57,303 residents in April 2020. It added 7,340 residents since 2010 for a 13% growth rate. The City of Burlington projects it will have 62,842 new residents by 2035, based on a 1% annual growth rate. 

What neighborhoods are in Burlington, NC?

Burlington has over 100 neighborhoods in subdivisions for you to explore. 

Downtown Burlington has five historic neighborhoods with different properties and price points. Stylistically, they range from 1920s craftsman cottages to large mansions. Living here places you close to a 15-square block area with historic buildings, locally owned shopping, and dining. 

Waterford, Alamance Country Club, Somerton, and Preston have higher median sales prices.

Are there any waterfront properties found in Burlington, NC? 

Yes, you can find waterfront property in Burlington city limits around Mackintosh Lake. You can find waterfront property in communities here, such as the prestigious Inverness as Mackintosh Lake. Expect these lakefront homes to be custom-built. 

Want a waterfront closer to Burlington city center? The Haw River touches the city’s northeastern border, and some residential real estate is nearby. Look at the community Waterford at the Lake, which has custom-built homes surrounding lakefront property. The smaller Mays Lake has some waterfront properties.

Burlington has several creeks where it’s possible to find residential real estate. One is Back Creek. Gum Creek runs through the middle of Burlington. Little Alamance Creek is on the western side of the city.

How is golf in Burlington, NC?

Players have two courses inside Burlington to work on their game. These are the Alamance Country Club and the Valley Golf Course. 

The Alamance Country Club is a private course designed by Donald Ross. Facilities have a practice range and two putting greens.  

The Valley Golf Course is a municipal course with a par-70 and fairways along the Haw River. Ellis Maples designed the course, and it is used for regular and tournament play.

Another 20 golf courses lie within a 30-mile range of Burlington, so you have plenty of courses to perfect your stroke. 

Are there golf course communities in Burlington, NC? 

You can find some golf course views surrounding the Valley Golf Course property and in the Alamance Country Club, the city’s only private course. Many homes are custom-built.

What areas are near Burlington, NC?

Burlington has a great location placing it about 25 minutes from the North Carolina Triangle and Triad regions. Residents have access to excellent universities, nationally-ranked health care facilities, and well-known national and international employers. The nation’s largest laboratory services company, LabCorp, is based here in Burlington. 

Burlington lies east of Greensboro, one of the state’s largest cities and the heart of the Triad region. Here you’ll find more things to do, such as golf courses, craft breweries, and historical attractions. 

Winston-Salem is about a 45-minute drive from Burlington. This town is known for its world-class educational institutions, arts and culture scene, and the diverse job market. 

More education opportunities await in Chapel Hill and Durham. Chapel Hill is about a 40-minute drive for Burlington residents. Durham is home to the top-ranked Duke University. Again, these cities provide ample arts and culture attractions, dining, and retail amenities. 

What to know about living in Burlington, NC

Burlington has an urban-suburban feel. The downtown core is highly developed, with many amenities like dining and retail. The city limits abut several other local towns. You can find affordable townhomes, condos, and single-family homes in Burlington. The neighborhoods here typically have a cost of living below the national average.

Burlington has numerous recreation options, including a blueway trail along the Haw River. Around 3,000 acres of parks are in the greater Burlington area. Expect diverse cultural festivals and events taking place throughout the year. 

If you’re looking at living in Burlington, contact a local real estate agent to find the right neighborhood for you. 

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Preston Guyton

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