The Lower Burns Park housing market is somewhat competitive. The median sale price of a home in Lower Burns Park was $373K last month, down 18.5% since last year.
What is the housing market like in Lower Burns Park today?
In March 2024, Lower Burns Park home prices were down 18.5% compared to last year, selling for a median price of $373K. On average, homes in Lower Burns Park sell after 15 days on the market compared to 46 days last year. There were 1 homes sold in March this year, down from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$373,000
-18.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lower Burns Park, MI
$373,000
-18.5%
United States
To compare other locations to the Lower Burns Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Ann Arbor add value to a home.
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How hot is the Lower Burns Park housing market?
Lower Burns Park is somewhat competitive. Homes sell in 35 days.
0
100
41
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 35 days.
Hot homes
can sell for about 3% above list price and go pending in around 21 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lower Burns Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lower Burns Park.
Risk Factor
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lower Burns Park has a minor risk of flooding. 5 properties in Lower Burns Park are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Lower Burns Park. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lower Burns Park has a minor risk of wildfire. There are 7 properties in Lower Burns Park that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Lower Burns Park.
Lower Burns Park has minimal risk of severe winds over the next 30 years
Wind Factor
Lower Burns Park has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Lower Burns Park has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lower Burns Park have a Moderate Heat Factor®.
Lower Burns Park is expected to see a 114% increase in the number of days over 100ºF over the next 30 years. Lower Burns Park is expected to experience 7