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Sarah Mitchell

CNESRESABR

Compass Real Estate · Burkburnett, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Burkburnett, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Burkburnett, TX Housing Market & Real Estate

Balanced market-34.3% YoY

Housing market overview · Updated monthly ·

$179,900median sale price

How is the Burkburnett, TX housing market right now?

The median home sale price in Burkburnett, TX is $179,900, down 34.3% year-over-year. Homes sell in an average of 60 days with 39 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Balanced market2.1 months of supply60 avg. days on market

Burkburnett, TX is currently a balanced market, based on 2.1 months of supply and homes selling in about 60 days. How we determine this →

Homes sold

19

Last 12 weeks

Days on market

60

Average pace

Active listings

39

2.1 months supply

Sale-to-list

Below asking

What does the Burkburnett housing market data show?

Current housing market statistics for Burkburnett, TX
MetricValue
Median sale price$179,900
Median list price$265,000
Year-over-year price change-34.3%
Average days on market60 days
Active inventory39 listings
Months of supply2.1 months
Median price per sq ft$115/sq ft
Homes sold (latest month)19
New listings (latest month)19
Listings with a price cut35.9%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Burkburnett by property type?

How the Burkburnett, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Burkburnett, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$179,900$115/sq ft1960 days

Source: Redfin · Updated monthly

The Burkburnett housing market is currently classified as a balanced market with a median sale price of $179,900. Prices have fallen 34.3% compared to last year, with homes spending an average of 60 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.

Homes for sale in Burkburnett

There are currently 39 homes listed for sale in Burkburnett, Texas. The median listing price is $265K.

Active listings

39

Homes on market

Median list price

$265K

Avg. days on market

60

Days until sale

New this week

19

Newly listed

Price drops:35.9%of listings

Who lives in Burkburnett?

Population

11,012

Median income

$65,796/yr

Median age

40.8 years

Owner-occupied

64.9%

College grads

20.9%

Avg commute

17.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Burkburnett?

Zillow home value

$184,449

Zillow rent index

$1,223/mo

Price-to-rent ratio

12.6x

Price-to-income

2.8x

Source: Zillow Research

What is it like to live in Burkburnett?

Burkburnett is a community of approximately 11K residents with a median age of 40.8 years.The median household income is $65,796, which represents a working-class community with solid middle-income opportunities. 20.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 64.9%, showing a blend of owner and renter-occupied properties. The average commute time is 17.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Burkburnett offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Burkburnett?

5 schools tracked · 2,824 students

The largest public schools serving Burkburnett, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

BURKBURNETT H S

Grades 9-12 · 918 students

Public

BURKBURNETT MIDDLE

Grades 6-8 · 739 students

Public

I C EVANS EL

Grades PK-2 · 609 students

Public

OVERTON RAY EL

Grades 3-5 · 538 students

Public

GATEWAY STUDENT SUPPORT CTR

Grades 10-12 · 20 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Burkburnett, TX?

Want a head-to-head view? Compare Burkburnett side-by-side with any other U.S. city using our market-comparison tool.

Is Burkburnett a good real estate investment market?

For investors evaluating Burkburnett, the price-to-rent ratio of 12.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 34.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Burkburnett's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Burkburnett's median home price.

Frequently asked questions

What is the average home price in Burkburnett?

The median home sale price in Burkburnett is $179,900, down 34.3% from last year.

How long do homes stay on market in Burkburnett?

Homes typically spend 60 days on market before going under contract.

What is the median income in Burkburnett?

The median household income is $65,796 per year.

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

With 2.1 months of supply, Burkburnett is currently a balanced market.

What is the Zillow home value estimate for Burkburnett?

The Zillow Home Value Index (ZHVI) for Burkburnett is $184,449, representing the typical home value in the area.

How much does a single-family home cost in Burkburnett?

The median single-family home price in Burkburnett, TX is $179,900 (about $115 per square foot).

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