There are currently 9,499 real estate properties in Burien, WA, with a median automated valuation model (AVM) price of $610,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burien, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Burien, WA, is $679,472.00, with the most expensive house in Burien, WA, topping out at $3,844,500.00 and the cheapest home in Burien, WA, clocking in at $167,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Burien, WA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burien, WA, is on a rollercoaster ride. The average rent price in Burien, WA, is $1,794.00. Indeed, when looking to rent in Burien, WA, you can expect to pay as little as $850.00 or as much as $4,360.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Burien, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Burien, WA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Burien, WA and much more. Save thousands at closing with home foreclosure listings in Burien, WA — up to 75% off market value!
Burien is located in King, Washington, with an estimated municipal population of 51,500 residents. All of the best foreclosed homes for sale in Burien are located in the following zip code areas on Foreclosure.com: 98146 98148 98168 98166 98062. The estimated population per square kilometer (.62 miles) in Burien is 1,980.
So, about how much do homes cost in Burien? The most recent median value of resident-owned homes in Burien is 380,363. An estimated 54.9 percent of households in Burien own their homes, with an average family size of 3.26. The median household income in Burien is 67,402, with32 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Burien, the median commute time of resident workers (in minutes) is 28.5. And last, but certainly not least, are you looking for homes to rent in Burien? If so, the average rent price paid by renters in Burien is 1,268, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Burien, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Burien is 37.9, split between 51.4 percent male versus 48.6 female. The percentage of residents who report being married in Burien is 46.1, with an average family size of 3.26.
The percentage of residents who report their race in Burien is as follows:
|Black / African American||8.3%|
|American Indian / Alaskan Native||0.8%|
|Native Hawaiian / Other Pacifc Islander||1.3%|
Looking for family-friendly neighborhoods in and/or near Burien? Or maybe you are searching for 55+ active adult communities in and/or near Burien?
The percentage of residents who report their age in Burien is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Burien with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Burien.
How do you know that living in -- or moving to -- Burien is right where you need to be? Perhaps you grew up in Burien or already live nearby; therefore, the decision to buy a home in Burien is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Burien for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Burien:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Burien.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Burien can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Burien, meanwhile, can field multiple offers from more qualified buyers.