The housing market in Burgaw, NC is booming. The median value of homes in the area is currently $243,600, which is significantly lower than the US median value of $338,100. However, what makes this location especially attractive is the 1 year appreciation rate for homes, which clocks in at 18.56% - far higher than the 8.27% national average. With such an impressive house appreciation rate, home buyers and investors are encouraged to take advantage of this growing market now before prices continue to rise.
The median home cost in Burgaw is $243,600. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Burgaw is up 24.7%.
Average Age of Homes
- The median age of Burgaw real estate is 42 years old
The Rental Market in Burgaw
- Renters make up 38.6% of the Burgaw population
- 4.3% of houses and apartments in Burgaw, 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.