Foreclosure Homes in Burlington, KY 41005

Current Market Conditions in Burlington, KY

The Burlington real estate market remains stable with a steady increase in home prices over the past year. Neighborhoods are highly sought after due to their family-friendly environment and good schools, translating to a competitive atmosphere for buyers.

With an influx of families and young professionals moving into the area, the demand for single-family homes is on the rise. The market is currently experiencing a shortage of listings, which means homes are selling quickly with multiple offers in many cases.

New construction is also on the upswing, with several developments underway to accommodate the growing population in Burlington.

Rent Prices In Burlington, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burlington, KY, is on a rollercoaster ride. The average rent price in Burlington, KY, is $1,452.00. Indeed, when looking to rent in Burlington, KY, you can expect to pay as little as $590.00 or as much as $3,220.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Burlington, KY -- 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.