There are currently 322 real estate properties in Burns Harbor, IN, with a median automated valuation model (AVM) price of $284,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burns Harbor, IN, 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 Burns Harbor, IN, is $280,750.00, with the most expensive house in Burns Harbor, IN, topping out at $813,700.00 and the cheapest home in Burns Harbor, IN, clocking in at $94,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Burns Harbor, IN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burns Harbor, IN, is on a rollercoaster ride. The average rent price in Burns Harbor, IN, is $1,532.00. Indeed, when looking to rent in Burns Harbor, IN, you can expect to pay as little as $790.00 or as much as $3,300.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Burns Harbor, IN -- 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 Burns Harbor, IN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Burns Harbor, IN and much more. Save thousands at closing with home foreclosure listings in Burns Harbor, IN — up to 75% off market value!
Burns Harbor is located in Porter, Indiana, with an estimated municipal population of 1,828 residents. All of the best foreclosed homes for sale in Burns Harbor are located in the following zip code areas on Foreclosure.com: 46304. The estimated population per square kilometer (.62 miles) in Burns Harbor is 109.
So, about how much do homes cost in Burns Harbor? The most recent median value of resident-owned homes in Burns Harbor is 169,661. An estimated 73.8 percent of households in Burns Harbor own their homes, with an average family size of 3.25. The median household income in Burns Harbor is 77,500, with27.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Burns Harbor, the median commute time of resident workers (in minutes) is 26.4. And last, but certainly not least, are you looking for homes to rent in Burns Harbor? If so, the average rent price paid by renters in Burns Harbor is 1,175, 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 Burns Harbor, 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 Burns Harbor is 35.9, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Burns Harbor is 46.3, with an average family size of 3.25.
The percentage of residents who report their race in Burns Harbor is as follows:
|Black / African American||2.7%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Burns Harbor? Or maybe you are searching for 55+ active adult communities in and/or near Burns Harbor?
The percentage of residents who report their age in Burns Harbor 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 Burns Harbor with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Burns Harbor.
How do you know that living in -- or moving to -- Burns Harbor is right where you need to be? Perhaps you grew up in Burns Harbor or already live nearby; therefore, the decision to buy a home in Burns Harbor is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Burns Harbor 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 Burns Harbor:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Burns Harbor.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Burns Harbor can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Burns Harbor, meanwhile, can field multiple offers from more qualified buyers.