Burtrum, MN is a great place to invest in real estate. The median value of housing in Burtrum is $278,000 and is significantly lower than the national median value of $338,100. In addition, houses appreciate at an average rate of 7.75%, which is slightly lower than the US 1 year appreciation rate of 8.27%. Investing in property in Burtrum might be a wise decision for those looking to get a good return on their investment with a lower initial cost.
The median home cost in Burtrum is $278,000. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Burtrum is up 13.6%.
Average Age of Homes
- The median age of Burtrum real estate is 45 years old
The Rental Market in Burtrum
- Renters make up 14.3% of the Burtrum population
- 0.0% of houses and apartments in Burtrum, 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.