The housing market in Burien, WA is a bit less competitive than the US market as a whole. The median value of houses in Burien is $600,700, which is significantly higher than the US median value of $338,100. However, while US house appreciation over the last year was 8.27%, the appreciation for houses in Burien was only 4.00%. This shows that while there are still excellent investments to be made, they may not appreciate as quickly as other areas of the country.
The median home cost in Burien is $600,700. Home appreciation the last 10 years has been 142.4%. Home Appreciation in Burien is up 10.8%.
Average Age of Homes
- The median age of Burien real estate is 53 years old
The Rental Market in Burien
- Renters make up 44.8% of the Burien population
- 1.4% of houses and apartments in Burien, 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.