The housing market in Burns, MI is generally more affordable than the national average, with the median value of a home being $211,400 compared to the US median value of $338,100. In the last year, homes in Burns have appreciated 6.41%, which is slightly lower than the overall US appreciation rate of 8.27%. This trend could be beneficial for those looking to buy in Burns as they may be able to access more affordable properties.
The median home cost in Burns is $211,400. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Burns is up 12.8%.
Average Age of Homes
- The median age of Burns real estate is 43 years old
The Rental Market in Burns
- Renters make up 19.1% of the Burns population
- 0.8% of houses and apartments in Burns, 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.