Burlington Metro Area, NC Housing

The housing market in the Burlington, NC Metro Area is booming, with a median value of $242,300 and an impressive 17.86% 1-year appreciation rate. This is far higher than the national median house value of $338,100 and 8.27% one year appreciation rate. Clearly Burlington has seen an influx of new residents recently, pushing the prices up significantly. With such a strong market, it's no wonder that more people are considering moving to this area now than ever before.

The median home cost in Burlington Metro Area is $242,300. Home appreciation the last 10 years has been 87.1%. Home Appreciation in Burlington Metro Area is up 23.2%.

Average Age of Homes

- The median age of Burlington Metro Area real estate is 34 years old

The Rental Market in Burlington Metro Area

- Renters make up 30.7% of the Burlington Metro Area population
- 1.6% of houses and apartments in Burlington Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Burlington, North Carolina	United States
	72,651.0	139,647,020.0
	36	42
	$242,300	$338,100
	23.2%	16.6%
	68.7%	57.0%
	87.1%	101.1%
	$7.80	$10.98
	$1,317	$2,690
	60.7%	57.4%
	8.7%	11.2%
	30.5%	31.4%
Vacant Housing
	1.6%	1.9%
	0.4%	0.4%
	0.5%	0.7%
	0.5%	0.4%
	0.3%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	6.7%	2.6%
	1.7%	2.4%
	2.0%	2.8%
	4.2%	3.9%
	9.0%	4.5%
	18.1%	11.3%
	19.0%	13.0%
	22.7%	20.1%
	9.9%	13.6%
	3.3%	8.3%
	2.0%	9.7%
	0.8%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	16.9%	13.6%
	16.9%	13.6%
	16.7%	13.6%
	11.7%	13.2%
	12.4%	14.8%
	16.7%	13.6%
	11.8%	10.0%
	4.6%	4.7%
	6.5%	12.2%

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