The housing market in Burns Harbor, IN is thriving. The median value of houses in the city is $262,500, which is significantly lower than the US median value of $338,100. In the last year, there has been an appreciation of 9.67%, higher than the 8.27% increase seen across the nation. This suggests that Burns Harbor is a desirable place to invest in property and provides great opportunities for homeowners and investors alike.
The median home cost in Burns Harbor is $262,500. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Burns Harbor is up 14.2%.
Average Age of Homes
- The median age of Burns Harbor real estate is 17 years old
The Rental Market in Burns Harbor
- Renters make up 17.3% of the Burns Harbor population
- 0.0% of houses and apartments in Burns Harbor, 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.