Median price for residential apartments in Burnsville, NC as of Nov, 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.
14 Burnsville, NC 28714, USA apartments for sale
Burnsville
According to statistics, the population in Burnsville, NC amounts to 1,788, which shows growth 7% compared to the previous year. The median age of the city’s residents is 50. The average household income is $33,385, shifting growth 17% from the past year, and the average property value in Burnsville, NC decline 1% to $177,200 throughout the year.
| Population | 1,788 |
| Median Age | 49.7 |
| Poverty Rate | 25% |
| Household Income | $33,385 |
| Number Of Employees | 670 |
| Median Property Value | $177,200 |
Household Income
The average household income in Burnsville, NC grew from $28,611 to $33,385 in the past year. This data is an estimate based upon 817 households in Burnsville, NC . The chart below presents how household income is distributed in Burnsville, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Burnsville, NC shifted from $175,900 to $177,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Burnsville, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Burnsville, 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 Burnsville, NC compared to median property taxes around the country. The prevalent amount of property taxes in Burnsville, NC equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Burnsville, NC 28714, USA
Average apartment sale in Burnsville: $183,483 (-55.4%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $114,138 | -66.2% |
| 1-bed apartments | $140,000 | N/A |
| 2-bed apartments | $180,000 | -34.8% |
| 3-bed apartments | $256,111 | -66.4% |
| 4+ bed apartments | $385,000 | -46.7% |
During Nov 2022, the average price for an apartment in/near Burnsville, NC decreased by 55.4% to $183,483.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $140,000 with no changes this month. Asking price for 2-bed apartment also decreased by 34.8% and a place of this size will now cost you $180,000. A 3-bed apartment goes for $256,111, it decreased by 66.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 46.7% and made it down to $385,000.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Lofts for sale | $1,100,000 | N/A |
| Houses for sale | $295,769 | -48.7% |
| Apartments for sale | $190,000 | N/A |
| Condos for sale | $180,000 | -22.5% |
| Land for sale | $114,138 | -69% |
While assessing the property pricing Burnsville, NC, you can note that it remains flat with a price tag of $190,000. Price reports demonstrate that house price decreased by 48.7% this month making it up to $295,769. Condos faced an upward trend these days. The median price for a condo decreased by 22.5%, it’s now available for $180,000. The price statistics of lofts have not significantly changed, it now still goes for $1,100,000.