New Burnside, IL is a city with an attractive housing market. The median value for homes in the city is $67,600, significantly lower than the US house median value of $338,100. Despite this difference, New Burnside still offers a strong rate of appreciation over the last year at 8.05%, nearly matching the US 1 year house appreciation rate of 8.27%. These factors combined make New Burnside an attractive option for prospective homeowners looking to get more bang for their buck.
The median home cost in New Burnside is $67,600. Home appreciation the last 10 years has been 35.3%. Home Appreciation in New Burnside is up 14.3%.
Average Age of Homes
- The median age of New Burnside real estate is 45 years old
The Rental Market in New Burnside
- Renters make up 9.9% of the New Burnside population
- 0.0% of houses and apartments in New Burnside, 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.