Median price for residential apartment in Burns Harbor, IN as of Aug, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
13 Burns Harbor, IN, USA apartments for sale
Burns Harbor
According to statistics, the population in Burns Harbor, IN amounts to 1,452, which shows growth 12% compared to the previous year. The median age of the city’s residents is 35. The average household income is $72,632, shifting growth 3% from the past year, and the average property value in Burns Harbor, IN growth 4% to $162,100 throughout the year.
| Population | 1,452 |
| Median Age | 35.2 |
| Poverty Rate | 9% |
| Household Income | $72,632 |
| Number Of Employees | 777 |
| Median Property Value | $162,100 |
Household Income
The average household income in Burns Harbor, IN grew from $70,284 to $72,632 in the past year. This data is an estimate based upon 562 households in Burns Harbor, IN . The chart below presents how household income is distributed in Burns Harbor, IN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Burns Harbor, IN shifted from $156,600 to $162,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Burns Harbor, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Burns Harbor, IN properties falls in the '$200,000 to $249,999' 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 Burns Harbor, IN compared to median property taxes around the country. The prevalent amount of property taxes in Burns Harbor, IN equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Burns Harbor, IN, USA
Average sale in Burns Harbor: $352,950 (+45.1%)
| Apartment Size | Aug | vs Last Month |
|---|---|---|
| 3 bed for sale | $335,740 | +5.9% |
| 4+ bed for sale | $439,000 | +159% |
During Aug 2022, the average price for an apartment in/near Burns Harbor, IN increased by 45.1% to $352,950.
A 3-bed apartment goes for $335,740, it increased by 5.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 159% and made it up to $439,000.
| Listing Type | Aug | vs Last Month |
|---|---|---|
| Houses for sale | $352,950 | +10.2% |
| Land for sale | $12,000 | N/A |
Price reports demonstrate that house price increased by 10.2% this month making it up to $352,950.