Median price for residential apartments in as of Sep, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
161 Burlington, IA, USA apartments for sale
Burlington
According to statistics, the population in Burlington, IA amounts to 25,330, which shows decline -1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $42,907, shifting growth 6% from the past year, and the average property value in Burlington, IA growth 3% to $90,100 throughout the year.
| Population | 25,330 |
| Median Age | 41.4 |
| Poverty Rate | 19% |
| Household Income | $42,907 |
| Number Of Employees | 12,237 |
| Median Property Value | $90,100 |
Household Income
The average household income in Burlington, IA grew from $40,381 to $42,907 in the past year. This data is an estimate based upon 10,937 households in Burlington, IA . The chart below presents how household income is distributed in Burlington, IA in comparison to the revenue allocation amid households nationally.
- USA
- Burlington, IA
Property Value
According to data from last year, the average property value in Burlington, IA shifted from $87,200 to $90,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Burlington, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Burlington, IA properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
- USA
- Burlington, IA
Rent vs. Own
- Rent67%
- Own33%
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 Burlington, IA compared to median property taxes around the country. The prevalent amount of property taxes in Burlington, IA equals $1150, which is less than the national average.
- USA
- Burlington, IA
Housing Trends
Burlington, IA, USA Housing Trends
Average sale in Burlington: $124,316 (-13.2%)
| Apartment Size | Sep | vs Last Month |
|---|---|---|
| 2 bed apartments | $64,750 | -53% |
| 3 bed apartments | $131,779 | +5.2% |
| 4+ bed apartments | $191,300 | -14.4% |
During Sep 2021, the average price for an apartment in/near Burlington, IA decreased by 13.2% to $124,316.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $64,750. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $131,779. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $191,300 for a big-family home.
| Listing Type | Sep | vs Last Month |
|---|---|---|
| Houses for sale | $123,345 | -5.9% |
| Apartments for sale | $135,000 | -14.1% |
| Lofts for sale | $109,900 | N/A |
While assessing the property pricing Burlington, IA, you can note that it remains flat with a price tag of $135,000. According to statistics, average house is still $123,345 with no significant changes this month. The price statistics of lofts have not significantly changed, it now still goes for $109,900.
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