Burlington, IL is a great place to live with its median housing cost being significantly lower than the national median. The recent one-year appreciation rate of Burlington's housing market is also higher than the national average, at 9.73%. This makes the area attractive to potential home buyers who are looking for an affordable housing option and a chance to benefit from increased property value. The area offers a variety of housing options ranging from single family homes to larger apartment complexes, making it an ideal place for those looking to settle down.
The median home cost in Burlington is $330,300. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Burlington is up 12.6%.
Average Age of Homes
- The median age of Burlington real estate is 54 years old
The Rental Market in Burlington
- Renters make up 28.0% of the Burlington population
- 1.9% 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.