Housing in Burley, ID is relatively higher than the national average, with its median home value standing at $288,100 compared to the US House Median Value of $338,100. This indicates that housing in Burley is more expensive than the national average. Furthermore, there has been an impressive 1 year appreciation rate of 13.72%, significantly higher than the national appreciation rate of 8.27%. This shows that housing in Burley is continuing to increase in value over time and is becoming a more attractive area for potential buyers.
The median home cost in Burley is $288,100. Home appreciation the last 10 years has been 167.8%. Home Appreciation in Burley is up 21.1%.
Average Age of Homes
- The median age of Burley real estate is 45 years old
The Rental Market in Burley
- Renters make up 33.2% of the Burley population
- 3.6% of houses and apartments in Burley, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.