Median price for residential apartments in Burtonsville, MD 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.
53 Burtonsville, MD, USA apartments for sale
Burtonsville
According to statistics, the population in Burtonsville, MD amounts to 10,428, which shows growth 6% compared to the previous year. The median age of the city’s residents is 36. The average household income is $104,253, shifting decline -1% from the past year, and the average property value in Burtonsville, MD growth 4% to $380,700 throughout the year.
| Population | 10,428 |
| Median Age | 35.9 |
| Poverty Rate | 3% |
| Household Income | $104,253 |
| Number Of Employees | 5,891 |
| Median Property Value | $380,700 |
Household Income
The average household income in Burtonsville, MD declined from $104,828 to $104,253 in the past year. This data is an estimate based upon 3,110 households in Burtonsville, MD . The chart below presents how household income is distributed in Burtonsville, MD in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Burtonsville, MD shifted from $366,800 to $380,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Burtonsville, MD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Burtonsville, MD properties falls in the '$300,000 to $399,999' range, which is higher 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 Burtonsville, MD compared to median property taxes around the country. The prevalent amount of property taxes in Burtonsville, MD equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Burtonsville, MD, USA
Average apartment sale in Burtonsville: $437,450 (-4.5%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $175,000 | +0% |
| 2-bed apartments | $299,900 | N/A |
| 3-bed apartments | $405,227 | -12.7% |
| 4+ bed apartments | $563,071 | +4.7% |
During Nov 2022, the average price for an apartment in/near Burtonsville, MD decreased by 4.5% to $437,450.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $299,900. A 3-bed apartment goes for $405,227, it decreased by 12.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.7% and made it up to $563,071.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $618,299 | -6.6% |
| Townhouses for sale | $405,833 | +5.9% |
| Condos for sale | $437,500 | +22.9% |
| Land for sale | $175,000 | +0% |
Price reports demonstrate that house price decreased by 6.6% this month making it up to $618,299. Condos are really in demand in this season. The median price for a condo increased by 22.9%, it’s now available for $437,500. The property value of townhouses increased by 5.9%, you’ll have to spend around $405,833 to get one.