Burke, VA Housing Market & Real Estate

Strong seller's market+5.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Burke, VA is $740,000, up 5.7% year-over-year. Homes sell in an average of 26 days with 22 active listings. The market is currently a strong seller's market.

$740,000median sale price

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

Strong seller's market0.7 months of supply26 avg. days on market

Burke, VA is currently a strong seller's market, based on 0.7 months of supply and homes selling in about 26 days. How we determine this →

Homes sold

31

Last 12 weeks

Days on market

26

Average pace

Active listings

22

0.7 months supply

Sale-to-list

100.9%

Above asking

Burke, VA market data

Current housing market statistics for Burke, VA
MetricValue
Median sale price$740,000
Median list price$724,999
Year-over-year price change+5.7%
Average days on market26 days
Active inventory22 listings
Months of supply0.7 months
Sale-to-list price ratio100.9%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

The Burke housing market is currently classified as a strong seller's market with a median sale price of $740,000. Prices have risen 5.7% compared to last year, with homes spending an average of 26 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Burke

There are currently 22 homes listed for sale in Burke, Virginia. The median listing price is $725K.

Active listings

22

Homes on market

Median list price

$725K

Avg. days on market

26

Days until sale

New this week

29

Newly listed

Price drops:9.1%of listings
Sale-to-list:100.9%

Top public schools in Burke

6 schools tracked · 6,208 students

The largest public schools serving Burke, VA 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.

Lake Braddock Secondary

Grades 7-12 · 4,397 students

Public

White Oaks Elementary

Grades PK-6 · 724 students

Public

Terra Centre Elementary

Grades PK-6 · 626 students

Public

Cherry Run Elementary

Grades PK-6 · 461 students

Public

Burke School

Grade range n/a

Special ed

ALC at Burke

Grade range n/a

Alternative

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

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Frequently asked questions

What is the average home price in Burke?

The median home sale price in Burke is $740,000, up 5.7% from last year.

How long do homes stay on market in Burke?

Homes typically spend 26 days on market before going under contract.

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

With 0.7 months of supply, Burke is currently a strong seller's market.

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