In 27217 Burlington, NC the median value of housing is $188,800. This is significantly lower than the US median house value of $338,100. It should be noted however that the 1 year house appreciation in Burlington is 16.52%, which is much higher than the US 1 year house appreciation rate of 8.27%. This makes Burlington an attractive place to invest in real estate due to its potential for high returns.
The median home cost in Burlington (zip 27217) is $188,800. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Burlington (zip 27217) is up 23.2%.
Average Age of Homes
- The median age of Burlington (zip 27217) real estate is 43 years old
The Rental Market in Burlington (zip 27217)
- Renters make up 32.1% of the Burlington (zip 27217) population
- 1.6% of houses and apartments in Burlington (zip 27217), 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.