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Rent To Own Homes in Burke, SD

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View this home at Garrison St Bonesteel SD 57317
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Garrison St
Bonesteel, SD 57317
AUCTION: 04-25-2024
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Top Reasons To Live In Burke, SD In 2024

Burke is located in Gregory, South Dakota, with an estimated municipal population of 586 residents. All of the best foreclosed homes for sale in Burke are located in the following zip code areas on Foreclosure.com: 57523. The estimated population per square kilometer (.62 miles) in Burke is 404.


Cost Of Living In Burke, SD

So, about how much do homes cost in Burke? The most recent median value of resident-owned homes in Burke is 84,012. An estimated 54.5 percent of households in Burke own their homes, with an average family size of 2.67. The median household income in Burke is 40,000, with14.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Burke, the median commute time of resident workers (in minutes) is 12.9. And last, but certainly not least, are you looking for homes to rent in Burke? If so, the average rent price paid by renters in Burke is 509, according to recent statistics.


Diversity And Demographics In Burke, South Dakota

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 Burke, 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 Burke is 47.2, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Burke is 50.3, with an average family size of 2.67.

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

White 92.9%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 6.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.9%
Other 0%

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

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

Under 10 16%
Aged 10-19 7.4%
20s 10.9%
30s 9.1%
40s 9.1%
50s 9.1%
60s 17%
70s 9.6%
80+ 11.9%

Best Schools In Burke, South Dakota

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 Burke with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Burke.


Pros And Cons Of Living In Burke, South Dakota

How do you know that living in -- or moving to -- Burke is right where you need to be? Perhaps you grew up in Burke or already live nearby; therefore, the decision to buy a home in Burke is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Burke 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 Burke:

  • 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 Burke.


Reasons To Move To Burke, South Dakota, 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 Burke can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Burke, meanwhile, can field multiple offers from more qualified buyers.

Burke, SD Rent To Own Homes


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