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Preforeclosure Homes in Burlington, IA

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Living in Burlington, IA

Burlington, IA, is a picturesque city along the Mississippi River, known for its welcoming community, rich history, and abundance of outdoor activities. With excellent educational opportunities and diverse recreational options, Burlington is an attractive destination for families and individuals alike.

Current Market Conditions in Burlington, IA

The real estate market in Burlington is showing positive signs of growth, characterized by a steady increase in home values over the past few years. Buyers are drawn to the area's affordability compared to larger cities, leading to competitive offers on desirable properties.

As more people seek suburban living, the demand for homes in Burlington continues to rise. This trend is creating opportunities for real estate investment with potential for rental income, as the rental market remains strong due to a limited inventory of rental properties.

Home Value Estimator For Burlington, IA

There are currently 13,439 real estate properties in Burlington, IA, with a median automated valuation model (AVM) price of $116,929.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burlington, IA, 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 Burlington, IA, is $163,971.00, with the most expensive house in Burlington, IA, topping out at $11,476,299.00 and the cheapest home in Burlington, IA, clocking in at $10,372.00. In other words, there’s something for every potential homebuyer or savvy investor in Burlington, IA!

Rent Prices In Burlington, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burlington, IA, is on a rollercoaster ride. The average rent price in Burlington, IA, is $1,101.00. Indeed, when looking to rent in Burlington, IA, you can expect to pay as little as $490.00 or as much as $2,100.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Burlington, IA -- 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.

Burlington, IA Preforeclosure Homes


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