Home Value Trail

Metro areas › Burlington, NC

Metropolitan area

Burlington, NC

North Carolina · 1 county · 186,177 residents (2025 est.)

FHFA quarterly index through 2026 Q2Annual index 1975–2025Permits through August 2026
FHFA house price index for Burlington, NC, quarterly from 1987 to 2026 Q2, with the national index rebased to the same start and NBER recessions shadedRecession 1990–91Recession 2001Recession 2007–09Recession 2020010020030040019901995200020052010201520202025United States2026: 311
Burlington (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line above is FHFA's standard quarterly all-transactions index for the metropolitan area; the comparison table below uses FHFA's annual CBSA index, which FHFA describes as developmental. The index does not give a dollar value for any home.

Burlington, NC is a metropolitan statistical area of 1 county and about 186,000 residents. FHFA's annual index for it begins in 1975 and has risen +683.3% through 2025.

The standard quarterly index for the area, published through 2026 Q2, is +5.4% on a year earlier and +0.5% on the previous quarter.

Over the ten years to 2025 the annual index rose +105.3% (+7.5% a year), close to North Carolina at +106.6% and well above the national +85.0%.

From a 2008 peak the index fell −8.6% to 2012, regaining the peak in 2017.

Across its counties, 1,984 housing units were authorised in the 12 months to August 2026, 10.7 per 1,000 residents, −8.4% on the previous 12 months.

+5.4%year to 2026 Q2, quarterly indexUS +3.0%
+1.3%1 year, 2024–2025US +2.8%
+65.3%5 yearsUS +47.0%
+105.3%10 years+7.5% a year annualised
+122.5%since 2000US +158.3%
1,984units permitted, 12 months10.7 per 1,000 residents

Same span, three levels

Change in the FHFA indexBurlingtonNorth CarolinaUnited States
1 year (2024–2025)+1.3%+2.5%+2.8%
5 years (2020–2025)+65.3%+60.4%+47.0%
10 years (2015–2025)+105.3%+106.6%+85.0%
20 years (2005–2025)+102.1%+117.3%+79.1%
Since 2000+122.5%+159.5%+158.3%
Since 1975+683.3%+775.3%+960.7%
10-year annualised+7.5%+7.5%+6.3%
20-year annualised+3.6%+4.0%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1990s (1990–2000)+43.2%+33.9%
2000s (2000–2010)+9.2%+29.7%
2010s (2010–2020)+23.3%+35.5%
2020s so far (2020–2025)+65.3%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20082012−8.6%2017

Building permits across the area

Housing units authorised in the area's county (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Burlington, NC area by month, latest 12 months0200400Sep 2025: 114 units (101 single-family, 13 in multi-unit buildings)Sep 2025Oct 2025: 110 units (110 single-family, 0 in multi-unit buildings)Oct 2025Nov 2025: 148 units (98 single-family, 50 in multi-unit buildings)Nov 2025Dec 2025: 134 units (102 single-family, 32 in multi-unit buildings)Dec 2025Jan 2026: 81 units (79 single-family, 2 in multi-unit buildings)Jan 2026Feb 2026: 188 units (150 single-family, 38 in multi-unit buildings)Feb 2026Mar 2026: 202 units (193 single-family, 9 in multi-unit buildings)Mar 2026Apr 2026: 174 units (174 single-family, 0 in multi-unit buildings)Apr 2026May 2026: 168 units (148 single-family, 20 in multi-unit buildings)May 2026Jun 2026: 339 units (169 single-family, 170 in multi-unit buildings)Jun 2026Jul 2026: 163 units (153 single-family, 10 in multi-unit buildings)Jul 2026Aug 2026: 163 units (141 single-family, 22 in multi-unit buildings)Aug 2026

Housing units authorised in the Burlington, NC area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Burlington, NC area by month, latest 60 months0200400600Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 139 units (139 single-family, 0 in multi-unit buildings)Feb 2022: 117 units (115 single-family, 2 in multi-unit buildings)Mar 2022: 194 units (194 single-family, 0 in multi-unit buildings)Apr 2022: 129 units (103 single-family, 26 in multi-unit buildings)May 2022: 175 units (142 single-family, 33 in multi-unit buildings)Jun 2022: 211 units (211 single-family, 0 in multi-unit buildings)Jul 2022: 189 units (151 single-family, 38 in multi-unit buildings)Aug 2022: 303 units (188 single-family, 115 in multi-unit buildings)Sep 2022: 144 units (137 single-family, 7 in multi-unit buildings)Sep 2022Oct 2022: 163 units (155 single-family, 8 in multi-unit buildings)Nov 2022: 101 units (101 single-family, 0 in multi-unit buildings)Dec 2022: 94 units (94 single-family, 0 in multi-unit buildings)Jan 2023: 169 units (142 single-family, 27 in multi-unit buildings)Feb 2023: 141 units (73 single-family, 68 in multi-unit buildings)Mar 2023: 269 units (129 single-family, 140 in multi-unit buildings)Apr 2023: 132 units (126 single-family, 6 in multi-unit buildings)May 2023: 529 units (157 single-family, 372 in multi-unit buildings)Jun 2023: 140 units (140 single-family, 0 in multi-unit buildings)Jul 2023: 328 units (120 single-family, 208 in multi-unit buildings)Aug 2023: 137 units (137 single-family, 0 in multi-unit buildings)Sep 2023: 236 units (146 single-family, 90 in multi-unit buildings)Sep 2023Oct 2023: 302 units (182 single-family, 120 in multi-unit buildings)Nov 2023: 231 units (167 single-family, 64 in multi-unit buildings)Dec 2023: 135 units (135 single-family, 0 in multi-unit buildings)Jan 2024: 131 units (131 single-family, 0 in multi-unit buildings)Feb 2024: 169 units (163 single-family, 6 in multi-unit buildings)Mar 2024: 181 units (181 single-family, 0 in multi-unit buildings)Apr 2024: 235 units (184 single-family, 51 in multi-unit buildings)May 2024: 198 units (198 single-family, 0 in multi-unit buildings)Jun 2024: 364 units (194 single-family, 170 in multi-unit buildings)Jul 2024: 336 units (176 single-family, 160 in multi-unit buildings)Aug 2024: 273 units (207 single-family, 66 in multi-unit buildings)Sep 2024: 153 units (153 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 183 units (139 single-family, 44 in multi-unit buildings)Nov 2024: 167 units (127 single-family, 40 in multi-unit buildings)Dec 2024: 154 units (134 single-family, 20 in multi-unit buildings)Jan 2025: 138 units (132 single-family, 6 in multi-unit buildings)Feb 2025: 199 units (162 single-family, 37 in multi-unit buildings)Mar 2025: 280 units (217 single-family, 63 in multi-unit buildings)Apr 2025: 230 units (212 single-family, 18 in multi-unit buildings)May 2025: 304 units (175 single-family, 129 in multi-unit buildings)Jun 2025: 141 units (135 single-family, 6 in multi-unit buildings)Jul 2025: 119 units (115 single-family, 4 in multi-unit buildings)Aug 2025: 99 units (97 single-family, 2 in multi-unit buildings)Sep 2025: 114 units (101 single-family, 13 in multi-unit buildings)Sep 2025Oct 2025: 110 units (110 single-family, 0 in multi-unit buildings)Nov 2025: 148 units (98 single-family, 50 in multi-unit buildings)Dec 2025: 134 units (102 single-family, 32 in multi-unit buildings)Jan 2026: 81 units (79 single-family, 2 in multi-unit buildings)Feb 2026: 188 units (150 single-family, 38 in multi-unit buildings)Mar 2026: 202 units (193 single-family, 9 in multi-unit buildings)Apr 2026: 174 units (174 single-family, 0 in multi-unit buildings)May 2026: 168 units (148 single-family, 20 in multi-unit buildings)Jun 2026: 339 units (169 single-family, 170 in multi-unit buildings)Jul 2026: 163 units (153 single-family, 10 in multi-unit buildings)Aug 2026: 163 units (141 single-family, 22 in multi-unit buildings)

Housing units authorised in the Burlington, NC area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Burlington, NC area by year, 1995–202501,0002,0003,0001995: 577 units (577 single-family, 0 in multi-unit buildings)19951996: 614 units (614 single-family, 0 in multi-unit buildings)1997: 654 units (654 single-family, 0 in multi-unit buildings)1998: 736 units (736 single-family, 0 in multi-unit buildings)1999: 888 units (817 single-family, 71 in multi-unit buildings)2000: 945 units (872 single-family, 73 in multi-unit buildings)20002001: 950 units (889 single-family, 61 in multi-unit buildings)2002: 1,411 units (1,042 single-family, 369 in multi-unit buildings)2003: 1,163 units (1,143 single-family, 20 in multi-unit buildings)2004: 1,366 units (1,222 single-family, 144 in multi-unit buildings)2005: 1,484 units (1,480 single-family, 4 in multi-unit buildings)20052006: 1,988 units (1,688 single-family, 300 in multi-unit buildings)2007: 1,441 units (1,441 single-family, 0 in multi-unit buildings)2008: 760 units (704 single-family, 56 in multi-unit buildings)2009: 561 units (441 single-family, 120 in multi-unit buildings)2010: 847 units (443 single-family, 404 in multi-unit buildings)20102011: 556 units (399 single-family, 157 in multi-unit buildings)2012: 358 units (358 single-family, 0 in multi-unit buildings)2013: 561 units (553 single-family, 8 in multi-unit buildings)2014: 606 units (593 single-family, 13 in multi-unit buildings)2015: 1,032 units (736 single-family, 296 in multi-unit buildings)20152016: 1,353 units (938 single-family, 415 in multi-unit buildings)2017: 1,223 units (1,030 single-family, 193 in multi-unit buildings)2018: 1,419 units (1,084 single-family, 335 in multi-unit buildings)2019: 1,407 units (943 single-family, 464 in multi-unit buildings)2020: 1,784 units (1,182 single-family, 602 in multi-unit buildings)20202021: 2,294 units (1,557 single-family, 737 in multi-unit buildings)2022: 1,949 units (1,793 single-family, 156 in multi-unit buildings)2023: 2,730 units (1,641 single-family, 1,089 in multi-unit buildings)2024: 2,466 units (1,999 single-family, 467 in multi-unit buildings)2025: 2,027 units (1,674 single-family, 353 in multi-unit buildings)2025

Housing units authorised in the Burlington, NC area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaNorth CarolinaUnited States
Housing units authorised1,98487,8531,418,086
Units per 1,000 residents10.77.84.1
Single-family share82%70%63%
Change on previous 12 months−8.4%+2.0%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Alamance CountyNC+1.3%+105.3%1,98410.7

Questions and answers

How much have home values in the Burlington, NC area risen over 10 years?

The FHFA annual index rose +105.3% between 2015 and 2025, about +7.5% a year. Over 20 years: +102.1%; since 2000: +122.5%. The quarterly index is +5.4% on a year earlier as of 2026 Q2.

Which counties in the Burlington, NC area rose most?

By ten-year change to 2025: Alamance County (+105.3%).

What happened to Burlington, NC prices after 2007?

The index peaked in 2008, fell −8.6% to 2012 and regained the peak in 2017. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Burlington, NC area?

1,984 housing units were authorised across the area's counties in the 12 months to August 2026, 82% of them single-family, 10.7 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026) and its standard quarterly metropolitan index; Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; quarterly metropolitan area index (all-transactions) through 2026 Q2. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.