Burnett, NE is a small town with an estimated population of just under 700. Despite its size, it has seen significant growth in terms of housing values over the past year. The median value for housing in Burnett is currently $165,600, which is far lower than the US median of $338,100. However, the 1 year house appreciation rate for Burnett is 7.91%, which is only slightly behind the national rate of 8.27%. This indicates that there has been strong demand for housing in this area and that despite its size, Burnett offers an attractive real estate market to prospective buyers and investors.
The median home cost in Burnett is $165,600. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Burnett is up 16.3%.
Average Age of Homes
- The median age of Burnett real estate is 53 years old
The Rental Market in Burnett
- Renters make up 20.0% of the Burnett population
- 0.0% of houses and apartments in Burnett, 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.