Question 1

What is the median sold price in Burdett?

Accepted Answer

The median sold price in Burdett is $287,500 based on 10 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Burdett?

Accepted Answer

The average sold price in Burdett is $345,050. Note that the average ($345,050) is higher than the median ($287,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Burdett?

Accepted Answer

Home prices in Burdett range from $208,000 to $670,000 based on recent sales data. This $462,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Burdett selling above or below asking price?

Accepted Answer

On average, homes in Burdett are selling at 96.7% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Burdett?

Accepted Answer

Homes in Burdett are selling in an average of 46 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Burdett?

Accepted Answer

The average price per square foot in Burdett is $302. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $604,000.

Question 7

How active is the real estate market in Burdett?

Accepted Answer

The Burdett market has seen 10 home sales over the past 2 years, with 1 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How much do detached homes cost in Burdett?

Accepted Answer

Detached homes in Burdett are selling for an average of $345,050, with 10 sales over the past 2 years.

Question 9

Are home prices rising or falling in Burdett?

Accepted Answer

Home prices in Burdett have increased by 34.1% over the past 2 years. The average sold price moved from $220,000 to $295,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Burdett a buyer's or seller's market?

Accepted Answer

Based on current data, Burdett is a balanced market. Homes are selling in 46 days on average and at 96.7% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 11

What percentage of homes sell above asking price in Burdett?

Accepted Answer

In Burdett, 20% of homes sold above asking price, while 80% sold below asking. A moderate number of homes attract multiple offers.

Question 12

What are the average property taxes in Burdett?

Accepted Answer

The average annual property tax in Burdett is $2,141, with a median of $1,842. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 13

What size homes are selling in Burdett?

Accepted Answer

Homes selling in Burdett range from 965 to 1,650 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 14

How much do home prices vary in Burdett?

Accepted Answer

Burdett shows moderate price diversity with a standard deviation of $164,818 around the average price of $345,050. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 15

Where can I find recently sold homes in Burdett?

Accepted Answer

You can view a comprehensive list of houses sold in Burdett right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 16

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 17

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Burdett.

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Burdett Sold Data Overview

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2-Year Market Trends: All Property Types

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