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Bankruptcy Homes in Burley, ID

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Home Value Estimator For Burley, ID

There are currently 5,364 real estate properties in Burley, ID, with a median automated valuation model (AVM) price of $278,827.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burley, ID, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Burley, ID, is $325,971.00, with the most expensive house in Burley, ID, topping out at $9,313,700.00 and the cheapest home in Burley, ID, clocking in at $39,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Burley, ID!


Rent Prices In Burley, ID

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burley, ID, is on a rollercoaster ride. The average rent price in Burley, ID, is $1,043.00. Indeed, when looking to rent in Burley, ID, you can expect to pay as little as $420.00 or as much as $2,840.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Burley, ID -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Burley, ID In 2024

Burley is located in Cassia, Idaho, with an estimated municipal population of 10,582 residents. All of the best foreclosed homes for sale in Burley are located in the following zip code areas on Foreclosure.com: 83318. The estimated population per square kilometer (.62 miles) in Burley is 654.


Cost Of Living In Burley, ID

So, about how much do homes cost in Burley? The most recent median value of resident-owned homes in Burley is 128,301. An estimated 62.4 percent of households in Burley own their homes, with an average family size of 3.26. The median household income in Burley is 48,265, with12 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Burley, the median commute time of resident workers (in minutes) is 12.4. And last, but certainly not least, are you looking for homes to rent in Burley? If so, the average rent price paid by renters in Burley is 669, according to recent statistics.


Diversity And Demographics In Burley, Idaho

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Burley, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Burley is 30.1, split between 50.9 percent male versus 49.1 female. The percentage of residents who report being married in Burley is 52.3, with an average family size of 3.26.

The percentage of residents who report their race in Burley is as follows:

White 91.8%
Black / African American 0.2%
Asian 1%
American Indian / Alaskan Native 1.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.3%
Other 3.4%

Looking for family-friendly neighborhoods in and/or near Burley? Or maybe you are searching for 55+ active adult communities in and/or near Burley?

The percentage of residents who report their age in Burley is as follows:

Under 10 17.2%
Aged 10-19 17.2%
20s 15.5%
30s 13.3%
40s 10.4%
50s 9.5%
60s 8.1%
70s 5.4%
80+ 3.4%

Best Schools In Burley, Idaho

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Burley with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Burley.


Pros And Cons Of Living In Burley, Idaho

How do you know that living in -- or moving to -- Burley is right where you need to be? Perhaps you grew up in Burley or already live nearby; therefore, the decision to buy a home in Burley is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Burley for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Burley:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Burley.


Reasons To Move To Burley, Idaho, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Burley can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Burley, meanwhile, can field multiple offers from more qualified buyers.

Burley, ID Bankruptcy Homes


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