Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 16,300 people, 5,876 houses or apartments, and a median cost of homes of $474,776, Burrillville real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Burrillville, accounting for 73.14% of the town's housing units. Other types of housing that are prevalent in Burrillville include duplexes, homes converted to apartments or other small apartment buildings ( 10.85%), row houses and other attached homes ( 7.43%), and a few large apartment complexes or high rise apartments ( 5.90%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Burrillville. Owner-occupied housing accounts for 74.99% of Burrillville's homes, and 66.42% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Burrillville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Burrillville built before 1939 ( 25.62%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.99%). There's also some housing in Burrillville built between 2000 and later ( 10.77%).
Appreciation rates for homes in Burrillville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.42%, which ranks in the top 30% nationwide. This equates to an annual average Burrillville house appreciation rate of 7.62%.
NeighborhoodScout's data show that during the latest twelve months, Burrillville's appreciation rate, at 7.60%, has been at or slightly above the national average. In the latest quarter, Burrillville's appreciation rate has been 2.99%, which annualizes to a rate of 12.50%.
Relative to Rhode Island, our data show that Burrillville's latest annual appreciation rate is lower than 70% of the other cities and towns in Rhode Island.
$474,776
for Rhode island
for nation
5,876
$2,626 / per month