Burlington, WI Real Estate

Burlington, Wisconsin Real Estate

Burlington, Wisconsin, or Chocolate City, USA as it is often called, holds as much wonder and excitement as Willy Wonka’s factory. Quite aptly nicknamed, Burlington is home to the Nestlé Chocolate Factory and a number of chocolaty attractions sure to appeal to anyone. Plus, Burlington is the hometown of Dallas Cowboys quarterback. Tony Romo.

Amenities
With two major business parks, unlimited recreational opportunities and a cost of living lower than the national average, Burlington is a great place to work and live. The city is an industrial hub of which four major highways run through. It also has an excellent educational system, the finest hospitals and a flowering social community. Milwaukee Magazine named Burlington one of the Top Small Towns in Southeastern Wisconsin.

Because Nestlé’s Midwestern headquarters is located in Burlington, chocolate is a prized commodity. In fact, there is a Chocolate Museum that features Nestle memorabilia and presentations highlighting the history of chocolate. There is also Chocolate Fest, a celebration held on Memorial Day that draws thousands of visitors each year. This four-day event has chocolate eating competitions and a carnival to satiate anyone’s chocolate sweet tooth.

The Burlington school system is rated tops, offering quality public schools, parochial schools and a technical college. The local Catholic school is renowned for its 100% graduation rate. Students of Burlington are offered very unique learning experiences. For example, Burlington High School hosts a program partnered with Memorial Hospital, which offers students the chance to experience hands-on medical training.

With 16 lakes and rivers, 26 parks, 100 miles of biking trails, five golf courses, a plethora of fairs and festivals, there is never a shortage of things to do in Burlington. Richard Bong State Recreation Area, located just minutes away, has more than 40 miles of trails for hiking, mountain biking, cross-country skiing, horseback riding, snowshoeing and dirt bike racing. Aquaducks, Burlington’s free professional style waterski show, is held every Thursday between Memorial Day and Labor Day. It features music, ski dancing, ski jumping, barefoot skiing and ballet. The golf courses found in Burlington are outstanding, one of which was rated in the Top 25 New Courses by Golf Magazine. When not engaged in outdoor activities, locals often attend one of the live plays at the oldest continuing running theater in Wisconsin – The Malt House Theatre.

History
The city of Burlington was first settled in 1835 by Moses Smith and William Whiting. The method in which they settled was as charming as the city itself – carving their names and date on the trees. The town was originally named Foxville, and then officially became Burlington in 1839.

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Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
4k Community School (Burlington) Burlington Area School District public 0 Not Provided 4k Community School GreatSchools Rating
Winkler Elementary School (Burlington) Burlington Area School District public 193 Not Provided Winkler Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Dr Edward G Dyer School (Burlington) Burlington Area School District public 429 17 Dr Edward G Dyer School GreatSchools Rating
St Charles School (Burlington) private 0 Not Provided St Charles School GreatSchools Rating
St Johns Lutheran School (Burlington) private 0 Not Provided St Johns Lutheran School GreatSchools Rating
St Marys School (Burlington) private 334 Not Provided St Marys School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 29,338 205,342 5,687,217
Total Households 11,316 79,565 2,286,339
Total Families 8,069 53,006 1,476,860
Population Density 185 16,418 437,888
Percent Male 51% 50% 50%
Percent Female 49% 50% 50%
White Collar Jobs 56% 58% 55%
Blue Collar Jobs 44% 42% 45%

Top Occupations

Professions Population Employed
Manufacturing 2,838
Sales 2,623
Healthcare 2,556
Transportation 2,318
Retail 2,302
Education 1,462
Management 1,407
Natural Resources 1,354
Construction 1,281
Arts and Media 1,225

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 12,771 86,363 2,620,437
Owner Occupied Housing Units 8,363 55,796 1,568,389
Renter Occupied Housing Units 2,953 23,768 717,965
Vacant Housing Units 1,480 6,826 334,086
Occupancy Rate 88% 92% 87%
Vehicles Per Housing Unit 2 25 1,560

Commute Time To Work

  City County State
Less than 5 minutes 770 3,562 128,186
5 - 14 minutes 4,146 14,644 376,701
15 - 29 minutes 3,790 17,230 446,165
30 - 44 minutes 2,273 10,418 289,055
45-59 minutes 1,582 7,887 143,851
Over 60 minutes 1,224 3,903 81,178

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 1,945 16,489 374,133
High School Graduate 7,816 46,911 1,258,952
Some College 4,589 31,749 808,107
Associates Degree 1,947 11,614 355,880
Bachelors Degree 2,596 20,703 663,912
Graduate Degree 1,189 8,393 242,942

Education Attainment


Market Conditions

Market Conditions for Burlington

November 2016

Median Sale Price
$161,500

 DOWN -4.15%
vs. Month Ago
Homes for Sale
96

 DOWN -15.04%
vs. Month Ago
Homes Sold
28

 UP 3.70%
vs. Month Ago
Avg Days on Market
77

 UP 11.59%
vs. Month Ago

Median Sale Price

The median sale price for homes in November was $161,500. The median sales price for homes in November fell by ($7,000) compared to last month. This represents a 4.15% decrease from October. Compared to the same month last year, the median price of homes fell by ($8,500) representing a -5% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale fell by 17 in November to 96. This represents 15.04% decrease from October when 113 homes were on the market. Compared to the same month last year when there were 113 homes for sale, the inventory of homes for sale has fallen by 17 representing a -15.04% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The inventory of homes for sale fell by 17 in November to 96. This represents 15.04% decrease from October when 113 homes were on the market. Compared to the same month last year when there were 113 homes for sale, the inventory of homes for sale has fallen by 17 representing a -15.04% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Avg Days on Market

The average days on market for a home sold in November (77) increased by 8 days compared to October. This represents a 11.59% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 2, a 2.66% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 94.48% in November fell by 1.89% compared to October and increased 0.36% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in November (17) fell by 14 compared to October, a 45.16% change. Compared to November 2015, the number of new listings decreased by 2, a -10.52% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Homes

The median list price in November was $189,900. The median list price for homes in November rose by $10,000 compared to last month. This represents a 5.55% increase from October. Compared to the same month last year, the median list price of homes decreased ($10,000) representing a -5% year-over-year decrease.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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