The housing market in Burnet, TX is thriving, with the median value of homes at $392,100 and a 1 year appreciation rate of 13.25%, much higher than the national average of 8.27%. This shows that Burnet is an attractive area to buy or invest in property, as homes tend to increase in value quickly. It is significantly higher than the US House Median Value of $338,100, indicating that housing in Burnet is more expensive than average across the country.
The median home cost in Burnet is $392,100. Home appreciation the last 10 years has been 174.5%. Home Appreciation in Burnet is up 20.0%.
Average Age of Homes
- The median age of Burnet real estate is 38 years old
The Rental Market in Burnet
- Renters make up 47.3% of the Burnet population
- 0.0% of houses and apartments in Burnet, 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.