The housing market in the Burlington, IA Metro Area is thriving. The median value for a home currently stands at $116,800, significantly lower than the national median of $338,100. Home values are appreciating quickly in the area as well, with an impressive 10.95% increase over the past year compared to the national rate of 8.27%. This makes Burlington a great option for those looking to buy or invest in a new home and benefit from its strong real estate market.
The median home cost in Burlington Metro Area is $116,800. Home appreciation the last 10 years has been 58.9%. Home Appreciation in Burlington Metro Area is up 14.2%.
Average Age of Homes
- The median age of Burlington Metro Area real estate is 61 years old
The Rental Market in Burlington Metro Area
- Renters make up 23.5% of the Burlington Metro Area population
- 1.4% of houses and apartments in Burlington Metro Area, 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.