Home Values

Burleson Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median list price per square foot in Burleson is $83, which is lower than the Dallas-Fort Worth Metro average of $101. The median price of homes currently listed in Burleson is $168,900 while the median price of homes that sold is $145,261. The median rent price in Burleson is $1,300, which is the same as the Dallas-Fort Worth Metro median of $1,300.

Foreclosures will be a factor impacting home values in the next several years. In Burleson 4.1 homes are foreclosed (per 10,000). This is lower than the Dallas-Fort Worth Metro value of 4.2 and also lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Burleson is 3.0%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Burleson homeowners underwater on their mortgage is 12.4%, which is higher than Dallas-Fort Worth Metro at 10.4%.

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Relative ZHVI
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Burleson Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $168,900 Median listing price
  • $145,261 Median sale price
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Burleson Market Health

Data through Aug 31, 2014
  • 4.1/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 12.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.1 homes Burleson
4.2 homes Dallas-Fort Worth Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Rendon $182,300
Kennedale $165,600
Joshua $132,500
Name Median ZHVI
Edgecliff Village $117,600
Crowley $116,100
Keene $94,500
Name Median ZHVI
Alvarado $74,000
Forest Hill $70,500
Everman $70,000

Listings & Sales

Data through Aug 31, 2014
  • $83 Median list price / sq ft
  • $77 Median sale price / sq ft
  • 31.2% Listings with price cut
30.4%
Sold below listing
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Burleson Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,302 Burleson
    $1,407 Dallas-Fort Worth Metro
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,300 Rent list price
  • $0.80 Rent list price / sq ft
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