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Cheap Homes in Burlington, NC 27216

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Burlington, NC Foreclosures

How much do homes sell for in Burlington, NC?
The average home price is currently $325,934.
What’s the average rental cost in Burlington, NC?
The average rental price in Burlington is $1,110.
What is the most expensive home in Burlington?
The most expensive home sold in Burlington had a price of $69,266,100.
What is currently the cheapest priced home in Burlington, NC?
The cheapest home for sale in Burlington is priced at $10,058.

Living in Burlington, NC

Burlington, NC is a welcoming city that perfectly blends urban amenities with suburban charm. Residents enjoy a variety of parks, quality education options, and convenient access to nearby metropolitan areas. With a focus on community and lifestyle, Burlington is an ideal location for families and individuals alike.

Current Market Conditions in Burlington, NC

The real estate market in Burlington has shown steady growth over the past year, with an increase in home values as more buyers are attracted to the area due to its affordability and high quality of life. The demand for single-family homes has particularly surged, and various neighborhoods are seeing new developments.

As of now, the market is competitive, with homes typically selling faster than previous months. First-time homebuyers and investors are particularly interested in properties that are situated in well-established areas.

Home Value Estimator For Burlington, NC

There are currently 29,144 real estate properties in Burlington, NC, with a median automated valuation model (AVM) price of $254,505.00. 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, NC, 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, NC, is $325,934.00, with the most expensive house in Burlington, NC, topping out at $69,266,100.00 and the cheapest home in Burlington, NC, clocking in at $10,058.00. In other words, there’s something for every potential homebuyer or savvy investor in Burlington, NC!

Rent Prices In Burlington, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burlington, NC, is on a rollercoaster ride. The average rent price in Burlington, NC, is $1,110.00. Indeed, when looking to rent in Burlington, NC, you can expect to pay as little as $460.00 or as much as $2,320.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Burlington, NC -- 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.

Cheap Homes in Burlington, NC 27216


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