Burton, MN has seen an impressive growth in housing median values over the past year. In comparison to the US House Median Value of $338,100, Burton's median value is slightly lower at $322,400. However, the 1 year appreciation rate for houses in Burton is more than double the US average of 8.27%, coming in at 13.39%. This increase in house values shows that Burton is a desirable location to live and invest in real estate. With current housing prices relatively lower than the national average, now may be the perfect time to make a move to Burton for potential homeowners or investors.
The median home cost in Burton is $322,400. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Burton is up 12.6%.
Average Age of Homes
- The median age of Burton real estate is 71 years old
The Rental Market in Burton
- Renters make up 12.5% of the Burton population
- 0.0% of houses and apartments in Burton, 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.