The housing in Burlington, NC is an attractive option compared to the national average. The median value of homes in Burlington is $195,600 which is significantly lower than the US median of $338,100. Additionally, the 1 year house appreciation rate in Burlington is 16.53%, much higher than the 8.27% growth rate on a national level. This makes Burlington an appealing choice for potential home buyers looking for a great deal and a strong return on their investment.
The median home cost in Burlington is $195,600. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Burlington is up 23.2%.
Average Age of Homes
- The median age of Burlington real estate is 46 years old
The Rental Market in Burlington
- Renters make up 39.4% of the Burlington population
- 2.5% of houses and apartments in Burlington, 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.