Burlington, NJ Foreclosures
How much do homes sell for in Burlington, NJ?
The average home price is currently $379,243.
In Burlington, NJ, how many homes are available?
There are currently 112 active home listings available in Burlington.
What’s the average rental cost in Burlington, NJ?
The average rental price in Burlington is $1,766.
What is the most expensive home in Burlington?
The most expensive home sold in Burlington had a price of $36,334,096.
What is currently the cheapest priced home in Burlington, NJ?
The cheapest home for sale in Burlington is priced at $14,780.
Living in Burlington, NJ
Burlington, NJ, is a vibrant city nestled along the banks of the Delaware River. Known for its historical heritage and family-friendly atmosphere, Burlington boasts a variety of parks and recreational opportunities. With easy access to public transportation and a selection of local schools, it creates a welcoming environment for residents of all ages.
Current Market Conditions in Burlington, NJ
The real estate market in Burlington, NJ, has shown a trend of steady appreciation in home values over the past few months. With both single-family homes and townhouses available, the market caters to a diverse range of buyers, from first-time homeowners to those looking to scale up. The demand for properties in Burlington is strong, as the city's charm and accessibility make it a desirable location.
Current market trends reveal a healthy balance between supply and demand, but inventory remains somewhat tight. Sellers are seeing quicker sales and, in some cases, multiple offers on their properties. Buyers might face competition, especially in well-appointed neighborhoods.
Home Value Estimator For Burlington, NJ
There are currently 11,099 real estate properties
in Burlington, NJ,
with a median automated valuation model (AVM) price
of $362,478.00. 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, NJ, 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, NJ,
is $379,243.00, with the most expensive house
in Burlington, NJ, topping out
at $36,334,096.00 and the cheapest home
in Burlington, NJ,
clocking in at $14,780.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Burlington, NJ!
Rent Prices
In Burlington, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Burlington, NJ, is on
a rollercoaster ride. The
average rent price in Burlington, NJ,
is $1,766.00. Indeed, when looking to rent in
Burlington, NJ, you can expect to pay as little
as $900.00 or as much
as $3,260.00,
with the average rent median estimated to
be $1,750.00. The good news is that finding
an affordable and desirable property to rent in Burlington, NJ
-- 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.
Learn more on Foreclosure homes
