Median price for residential apartments in Burgaw, NC as of Oct, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
16 Burgaw, NC 28425, USA apartments for sale
Burgaw
According to statistics, the population in Burgaw, NC amounts to 4,028, which shows decline 0% compared to the previous year. The median age of the city’s residents is 43. The average household income is $33,371, shifting growth 8% from the past year, and the average property value in Burgaw, NC growth 2% to $138,600 throughout the year.
| Population | 4,028 |
| Median Age | 42.9 |
| Poverty Rate | 24% |
| Household Income | $33,371 |
| Number Of Employees | 1,092 |
| Median Property Value | $138,600 |
Household Income
The average household income in Burgaw, NC grew from $30,843 to $33,371 in the past year. This data is an estimate based upon 1,061 households in Burgaw, NC . The chart below presents how household income is distributed in Burgaw, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Burgaw, NC shifted from $135,400 to $138,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Burgaw, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Burgaw, NC properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Burgaw, NC compared to median property taxes around the country. The prevalent amount of property taxes in Burgaw, NC equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Burgaw, NC 28425, USA
Average apartment sale in Burgaw: $229,569 (-36.7%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $76,666 | -61.7% |
| 2-bed apartments | $982,500 | N/A |
| 3-bed apartments | $282,920 | -15.6% |
| 4+ bed apartments | $267,960 | -47.3% |
During Oct 2022, the average price for an apartment in/near Burgaw, NC decreased by 36.7% to $229,569.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $982,500. A 3-bed apartment goes for $282,920, it decreased by 15.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 47.3% and made it down to $267,960.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Houses for sale | $275,440 | -42% |
| Land for sale | $76,666 | -60.1% |
| Other for sale | $264,995 | N/A |
Price reports demonstrate that house price decreased by 42% this month making it up to $275,440.