Housing in Burlington, MA has a median value of $750,500, which is much higher than the US house median value of $338,100. The 1 year appreciation rate for houses in Burlington is 8.09%, slightly lower than the US house appreciation rate of 8.27%. This suggests that although the price of housing in Burlington is quite high, it may be a good investment as it still appreciates at a somewhat similar rate to the rest of the United States.
The median home cost in Burlington is $750,500. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Burlington is up 12.9%.
Average Age of Homes
- The median age of Burlington real estate is 46 years old
The Rental Market in Burlington
- Renters make up 29.8% of the Burlington population
- 1.6% 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.