The housing market in Burke, NY is an attractive area for potential buyers and real estate investors. The median value of a house in this small town is $141,300 which is significantly lower than the US median value of $338,100. Over the past year, house appreciation has been strong with an increase of 12.09%, while the national average appreciation rate was 8.27%. This makes Burke an ideal location for individuals interested in purchasing property and taking advantage of the rising home values over time.
The median home cost in Burke is $141,300. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Burke is up 14.6%.
Average Age of Homes
- The median age of Burke real estate is 41 years old
The Rental Market in Burke
- Renters make up 7.1% of the Burke population
- 0.0% of houses and apartments in Burke, 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.