Zip 97720 (Burns, OR) Housing

The housing market in Burns, OR (97720) is slightly above the average median value of the US. At $169,200, the median value of a house in Burns is significantly lower than the US median value of $338,100. In addition to this difference in median value, house appreciation over the past year has also been higher in Burns than the national rate - 8.4% compared to 8.27%. Thus, Burns appears to be a relatively affordable housing market with good potential for appreciation over time.

The median home cost in Burns (zip 97720) is $169,200. Home appreciation the last 10 years has been 228.8%. Home Appreciation in Burns (zip 97720) is up 14.0%.

Average Age of Homes

- The median age of Burns (zip 97720) real estate is 55 years old

The Rental Market in Burns (zip 97720)

- Renters make up 21.7% of the Burns (zip 97720) population
- 0.2% of houses and apartments in Burns (zip 97720), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Burns, Oregon	United States
	2,115.0	139,647,020.0
	48	42
	$169,200	$338,100
	14.0%	16.6%
	79.0%	57.0%
	228.8%	101.1%
	$11.19	$10.98
	$1,218	$2,690
	55.6%	57.4%
	15.7%	11.2%
	28.7%	31.4%
Vacant Housing
	0.2%	1.9%
	0.5%	0.4%
	1.9%	0.7%
	0.0%	0.4%
	1.2%	3.6%
	11.8%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	7.2%	2.4%
	11.7%	2.8%
	11.6%	3.9%
	12.9%	4.5%
	15.9%	11.3%
	15.4%	13.0%
	8.6%	20.1%
	5.8%	13.6%
	3.0%	8.3%
	2.9%	9.7%
	0.2%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.1%	13.6%
	11.1%	13.6%
	17.6%	13.6%
	8.4%	13.2%
	14.7%	14.8%
	17.6%	13.6%
	8.2%	10.0%
	5.9%	4.7%
	21.8%	12.2%

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