Zip 48519 (Burton, MI) Housing

The housing in Burton, MI (48519) is quite affordable compared to the US median housing value of $338,100. The median value of a home in Burton is $160,000 which is less than half the US median. However, while the US one-year house appreciation rate was 8.27%, the appreciation rate for homes in Burton was 3.73%. This slower appreciation rate may reflect an economic environment that is not as vibrant as other parts of the country.

The median home cost in Burton (zip 48519) is $160,000. Home appreciation the last 10 years has been 115.7%. Home Appreciation in Burton (zip 48519) is up 8.1%.

Average Age of Homes

- The median age of Burton (zip 48519) real estate is 46 years old

The Rental Market in Burton (zip 48519)

- Renters make up 32.2% of the Burton (zip 48519) population
- 1.2% of houses and apartments in Burton (zip 48519), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Burton, Michigan	United States
	3,426.0	139,647,020.0
	45	42
	$160,000	$338,100
	8.1%	16.6%
	55.4%	57.0%
	115.7%	101.1%
	$17.69	$10.98
	$2,002	$2,690
	63.8%	57.4%
	5.3%	11.2%
	30.9%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.8%	0.4%
	0.0%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	5.7%	2.4%
	12.7%	2.8%
	10.9%	3.9%
	9.9%	4.5%
	28.7%	11.3%
	22.6%	13.0%
	2.5%	20.1%
	1.5%	13.6%
	1.0%	8.3%
	0.0%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	16.9%	13.6%
	16.9%	13.6%
	14.6%	13.6%
	9.7%	13.2%
	14.7%	14.8%
	14.6%	13.6%
	20.1%	10.0%
	5.0%	4.7%
	5.5%	12.2%

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