The housing in Burg, ND is quite prosperous. The median value of housing in the area is $228,900, which is significantly less than the US median value of $338,100. Despite this discrepancy however, Burg's one year house appreciation rate has been a healthy 9.41%, higher than that of the United States overall at 8.27%. This increase in home values suggests that living in Burg is becoming more and more desirable for potential homeowners.
The median home cost in Burg is $228,900. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Burg is up 10.5%.
Average Age of Homes
- The median age of Burg real estate is 59 years old
The Rental Market in Burg
- Renters make up 23.1% of the Burg population
- 0.0% of houses and apartments in Burg, 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.