Burlington is the largest city within the state of Vermont. It contains a population of roughly 38,900 individuals. Burlington is a major economic center in Vermont; however, when compared to major cities in other states throughout the county, Burlington is relatively small. The city of Burlington is located on Lake Champlain, providing the city with a beautiful view of the water. In addition, the city is situated close to the Winooski River. There are currently a number of Burlington homes for sale. Nevertheless, when compared to the real estate opportunities found in other major cities, there are not an extensive number of homes available, especially when considering foreclosed homes. Therefore, an individual who is considering Burlington homes for sale may be more restricted in terms of housing costs. The size and condition of the Burlington homes for sale range considerable. The price of homes located within the city is frequently dependent upon these two factors. There are many beautiful, large homes for sale in Burlington. However, an individual should expect to pay well over $300,000 for these homes. There are a few small homes available in the city for under $200,000. If an individual has a restricted budget, he/she may want to consider purchasing a condo, as they are generally much cheaper than purchasing a home, and there are numerous condos located in the city. The average asking price for Burlington homes for sale is about $341,300. There are currently only a few hundred homes available in the city.