Burwell, NE Foreclosures
How much do homes sell for in Burwell, NE?
The average home price is currently $403,041.
In Burwell, NE, how many homes are available?
There are currently 11 active home listings available in Burwell.
What’s the average rental cost in Burwell, NE?
The average rental price in Burwell is $1,163.
What is the most expensive home in Burwell?
The most expensive home sold in Burwell had a price of $2,186,600.
What is currently the cheapest priced home in Burwell, NE?
The cheapest home for sale in Burwell is priced at $32,324.
Living in Burwell, NE
Burwell, located in the heart of Nebraska, is a small town that offers a unique blend of rural charm and community spirit. It is known for its proximity to the Calamus Reservoir, providing ample outdoor recreational opportunities, including fishing, boating, and hiking. With a strong sense of community and friendly atmosphere, Burwell makes for an ideal place for families and retirees alike.
Current Market Conditions in Burwell, NE
The real estate market in Burwell has shown steady growth in recent years, with a healthy demand for single-family homes as young families and retirees are drawn to its affordability and community atmosphere. Prices remain relatively low compared to urban areas, making it an attractive option for investors and home buyers.
In recent months, the inventory of available homes has tightened, leading to increased competition among buyers. However, prices have remained fairly stable, indicating a balanced market as both sellers and buyers continue to engage positively.
Home Value Estimator For Burwell, NE
There are currently 846 real estate properties
in Burwell, NE,
with a median automated valuation model (AVM) price
of $238,113.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Burwell, NE, 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 Burwell, NE,
is $403,041.00, with the most expensive house
in Burwell, NE, topping out
at $2,186,600.00 and the cheapest home
in Burwell, NE,
clocking in at $32,324.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Burwell, NE!
Rent Prices
In Burwell, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Burwell, NE, is on
a rollercoaster ride. The
average rent price in Burwell, NE,
is $1,163.00. Indeed, when looking to rent in
Burwell, NE, you can expect to pay as little
as $590.00 or as much
as $2,120.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Burwell, NE
-- 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
