Burning Springs / Chestnutburg median real estate price is $70,206, which is less expensive than 84.1% of Kentucky neighborhoods and 94.3% of all U.S. neighborhoods.
The average rental price in Burning Springs / Chestnutburg is currently $752, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.8% of Kentucky neighborhoods.
Burning Springs / Chestnutburg is a rural neighborhood (based on population density) located in Manchester, Kentucky.
Burning Springs / Chestnutburg real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Burning Springs / Chestnutburg neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Burning Springs / Chestnutburg has a 16.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.