In Burton, TX, the median house value is significantly higher than the national median at $413,200. Additionally, the 1 year appreciation rate for housing in Burton is 12.85%, far higher than the national average of 8.27%. This indicates that housing in Burton, TX is in high demand and may be an attractive place for potential home buyers or investors looking to capitalize on the robust market. With a large discrepancy between the national and local median values and appreciation rates, it's clear that Burton has a very strong housing market.
The median home cost in Burton is $413,200. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Burton is up 20.4%.
Average Age of Homes
- The median age of Burton real estate is 78 years old
The Rental Market in Burton
- Renters make up 26.2% of the Burton population
- 2.3% of houses and apartments in Burton, 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.