Burke, VA

Strong seller's market+5.7% YoY

Housing market overview · Updated weekly

$740,000median sale price

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

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

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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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