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Featured local agent — Burke, VA
Sarah Mitchell
Compass Real Estate · Burke, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Burke, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$845,000median sale price
How is the Burke, VA housing market right now?
The median home sale price in Burke, VA is $845,000, up 0.6% year-over-year. Homes sell in an average of 13 days with 59 active listings. The market is currently a strong seller's 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 Burke a buyer's or seller's market?
Burke, VA is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
62
Last 12 weeks
Days on market
13
Fast-moving
Active listings
59
1.0 months supply
Sale-to-list
102.8%
Above asking
What does the Burke housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $845,000 |
| Median list price | $799,495 |
| Year-over-year price change | +0.6% |
| Average days on market | 13 days |
| Active inventory | 59 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 102.8% |
| Median price per sq ft | $345/sq ft |
| Homes sold (latest month) | 62 |
| New listings (latest month) | 54 |
| Listings with a price cut | 15.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Burke by property type?
How the Burke, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $934,250 | $344/sq ft | 42 | 13 days |
| Condo / Co-op | $407,000 | $338/sq ft | 1 | 25 days |
| Townhouse | $622,500 | $346/sq ft | 20 | 7 days |
Source: Redfin · Updated monthly
The Burke housing market is currently classified as a strong seller's market with a median sale price of $845,000. Prices have risen 0.6% compared to last year, with homes spending an average of 13 days on market, indicating 1.0 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 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Burke
There are currently 59 homes listed for sale in Burke, Virginia. The median listing price is $799K.
Active listings
59
Homes on market
Median list price
$799K
Avg. days on market
13
Days until sale
New this week
54
Newly listed
Who lives in Burke?
Population
43,336
Median income
$179,063/yr
Median age
40.3 years
Owner-occupied
89.6%
College grads
68.3%
Avg commute
30.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Burke?
Zillow home value
$742,103
Zillow rent index
$2,896/mo
Price-to-rent ratio
21.4x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Burke?
Burke is a community of approximately 43K residents with a median age of 40.3 years.The median household income is $179,063, which reflects a relatively affluent area with strong earning potential. 68.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 89.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Burke offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
White Oaks Elementary
Grades PK-6 · 724 students
Terra Centre Elementary
Grades PK-6 · 626 students
Cherry Run Elementary
Grades PK-6 · 461 students
Burke School
Grade range n/a
ALC at Burke
Grade range n/a
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 Burke, VA?
Want a head-to-head view? Compare Burke side-by-side with any other U.S. city using our market-comparison tool.
Is Burke a good real estate investment market?
For investors evaluating Burke, the price-to-rent ratio of 21.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 0.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Burke's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Burke's median home price.
Frequently asked questions
What is the average home price in Burke?
The median home sale price in Burke is $845,000, up 0.6% from last year.
How long do homes stay on market in Burke?
Homes typically spend 13 days on market before going under contract.
What is the median income in Burke?
The median household income is $179,063 per year.
Is Burke a buyer's or seller's market?
With 1.0 months of supply, Burke is currently a strong seller's market.
What is the Zillow home value estimate for Burke?
The Zillow Home Value Index (ZHVI) for Burke is $742,103, representing the typical home value in the area.
What is the median condo price in Burke?
The median condo/co-op sale price in Burke, VA is $407,000, compared to $934,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Burke?
The median single-family home price in Burke, VA is $934,250 (about $344 per square foot).
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