Burlington, NJ County has a median housing value of $316,600, which is slightly lower than the US median. However, the 1 year house appreciation rate in Burlington is 16.31%, almost double the national average of 8.27%. This indicates that Burlington housing is in high demand and is a desirable place to live. The rising housing prices and growth rate make this county an attractive option for potential home buyers looking for an area with good prospects for future appreciation.
The median home cost in Burlington County is $316,600. Home appreciation the last 10 years has been 68.8%. Home Appreciation in Burlington County is up 18.2%.
Average Age of Homes
- The median age of Burlington County real estate is 42 years old
The Rental Market in Burlington County
- Renters make up 21.0% of the Burlington County population
- 1.2% of houses and apartments in Burlington County, 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.