Housing in 78611 Burnet, TX is more expensive than the national median value with a median value of $400,000. In comparison to the US house median value of $338,100, this shows that housing in 78611 Burnet, TX is significantly more expensive. The appreciation rate for housing in 78611 Burnet, TX is also higher at 13.25%, compared to 8.27% for the US as a whole. This indicates that housing prices are on an upward trend in this area and could potentially increase even further.
The median home cost in Burnet (zip 78611) is $400,000. Home appreciation the last 10 years has been 174.5%. Home Appreciation in Burnet (zip 78611) is up 20.0%.
Average Age of Homes
- The median age of Burnet (zip 78611) real estate is 32 years old
The Rental Market in Burnet (zip 78611)
- Renters make up 22.5% of the Burnet (zip 78611) population
- 0.2% of houses and apartments in Burnet (zip 78611), 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.