Burr Oak, IA is a small town with a median house value of $118,400, which is significantly lower than the US median house value of $338,100. Despite this disparity in values, Burr Oak has enjoyed an impressive 1 year appreciation rate of 11.61%, which is higher than the US average of 8.27%. This indicates that the housing market in Burr Oak is currently doing well and it may be a good time for potential buyers to invest in property there.
The median home cost in Burr Oak is $118,400. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Burr Oak is up 15.1%.
Average Age of Homes
- The median age of Burr Oak real estate is 41 years old
The Rental Market in Burr Oak
- Renters make up 24.6% of the Burr Oak population
- 0.0% of houses and apartments in Burr Oak, 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.