The housing market in 27215 Burlington, NC is thriving. The median value of housing in the area is $270,600, which is lower than the U.S. median value of $338,100. However, the one year house appreciation rate in Burlington is 16.52%, much higher than the U.S. average of 8.27%. This suggests that housing values are rapidly rising and that it may be a good time to invest in real estate in the area for potential buyers.
The median home cost in Burlington (zip 27215) is $270,600. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Burlington (zip 27215) is up 23.2%.
Average Age of Homes
- The median age of Burlington (zip 27215) real estate is 40 years old
The Rental Market in Burlington (zip 27215)
- Renters make up 35.8% of the Burlington (zip 27215) population
- 2.5% of houses and apartments in Burlington (zip 27215), 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.