The housing market in New Burlington, OH has seen great growth over the past year. The median value of houses in the area is currently at $173,500, which is significantly lower than the national median value of $338,100. Despite this gap in median values, the appreciation rate over the last year has been impressive at 10.68%, outpacing the national average of 8.27%. This speaks to a strong housing market and is indicative of continued economic growth for New Burlington, OH.
The median home cost in New Burlington is $173,500. Home appreciation the last 10 years has been 86.6%. Home Appreciation in New Burlington is up 16.6%.
Average Age of Homes
- The median age of New Burlington real estate is 46 years old
The Rental Market in New Burlington
- Renters make up 27.6% of the New Burlington population
- 2.1% of houses and apartments in New 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.