Median price for residential apartments in Burlington, KY 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.
111 Burlington, KY 41005, USA apartments for sale
Burlington
According to statistics, the population in Burlington, KY amounts to 16,776, which shows growth 3% compared to the previous year. The median age of the city’s residents is 34. The average household income is $73,304, shifting growth 14% from the past year, and the average property value in Burlington, KY growth 1% to $165,000 throughout the year.
| Population | 16,776 |
| Median Age | 33.8 |
| Poverty Rate | 10% |
| Household Income | $73,304 |
| Number Of Employees | 8,532 |
| Median Property Value | $165,000 |
Household Income
The average household income in Burlington, KY grew from $64,250 to $73,304 in the past year. This data is an estimate based upon 5,786 households in Burlington, KY . The chart below presents how household income is distributed in Burlington, KY in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Burlington, KY shifted from $162,700 to $165,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Burlington, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Burlington, KY properties falls in the '$125,000 to $149,999' 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 Burlington, KY compared to median property taxes around the country. The prevalent amount of property taxes in Burlington, KY equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Burlington, KY 41005, USA
Average apartment sale in Burlington: $320,110 (-20.4%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $77,450 | -96.4% |
| 2-bed apartments | $193,428 | +6.1% |
| 3-bed apartments | $306,141 | -1% |
| 4+ bed apartments | $395,905 | +2.6% |
During Oct 2022, the average price for an apartment in/near Burlington, KY decreased by 20.4% to $320,110.
Asking price for 2-bed apartment also increased by 6.1% and a place of this size will now cost you $193,428. A 3-bed apartment goes for $306,141, it decreased by 1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 2.6% and made it up to $395,905.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Condos for sale | $190,422 | +6.1% |
| Houses for sale | $344,760 | -3% |
| Land for sale | $39,900 | -98.1% |
| Lofts for sale | $371,380 | -13.1% |
| Townhouses for sale | $329,900 | +72.3% |
Price reports demonstrate that house price decreased by 3% this month making it up to $344,760. Condos are really in demand in this season. The median price for a condo increased by 6.1%, it’s now available for $190,422. The price dynamics of lofts changed, it decreased by 13.1%, the price tag now starts at $371,380. The property value of townhouses increased by 72.3%, you’ll have to spend around $329,900 to get one.