Burlington, ND is a great place to buy a house. The median house value in the city is $236,200, which is significantly lower than the US median of $338,100. As a result, many people are investing in this area and taking advantage of the attractive prices. Over the past year, housing values have appreciated by 9.41%, which is higher than the national average of 8.27%. With steady appreciation and low initial costs, Burlington is an excellent place to invest in real estate now and for years to come.
The median home cost in Burlington is $236,200. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Burlington is up 10.5%.
Average Age of Homes
- The median age of Burlington real estate is 31 years old
The Rental Market in Burlington
- Renters make up 21.6% of the Burlington population
- 2.2% of houses and apartments in Burlington, 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.