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Featured local agent — Burke Centre, VA
Sarah Mitchell
Compass Real Estate · Burke Centre, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Burke Centre, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$645,000median sale price
How is the Burke Centre, VA housing market right now?
The median home sale price in Burke Centre, VA is $645,000, down 22.8% year-over-year. Homes sell in an average of 21 days with 25 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 Centre a buyer's or seller's market?
Burke Centre, VA is currently a strong seller's market, based on 0.8 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
33
Last 12 weeks
Days on market
21
Average pace
Active listings
25
0.8 months supply
Sale-to-list
101.8%
Above asking
What does the Burke Centre housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $645,000 |
| Median list price | $649,900 |
| Year-over-year price change | -22.8% |
| Average days on market | 21 days |
| Active inventory | 25 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 101.8% |
| Median price per sq ft | $349/sq ft |
| Homes sold (latest month) | 33 |
| New listings (latest month) | 26 |
| Listings with a price cut | 20.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Burke Centre by property type?
How the Burke Centre, 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 | $875,000 | $380/sq ft | 11 | 26 days |
| Condo / Co-op | $393,750 | $344/sq ft | 4 | 16 days |
| Townhouse | $624,763 | $324/sq ft | 18 | 21 days |
Source: Redfin · Updated monthly
The Burke Centre housing market is currently classified as a strong seller's market with a median sale price of $645,000. Prices have fallen 22.8% compared to last year, with homes spending an average of 21 days on market, indicating 0.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Burke Centre
There are currently 25 homes listed for sale in Burke Centre, Virginia. The median listing price is $650K.
Active listings
25
Homes on market
Median list price
$650K
Avg. days on market
21
Days until sale
New this week
26
Newly listed
Who lives in Burke Centre?
Population
17,447
Median income
$159,932/yr
Median age
38.5 years
Owner-occupied
80.1%
College grads
66.5%
Avg commute
31.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Burke Centre?
Burke Centre is a community of approximately 17K residents with a median age of 38.5 years.The median household income is $159,932, which reflects a relatively affluent area with strong earning potential. 66.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Burke Centre offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Burke Centre, VA?
Want a head-to-head view? Compare Burke Centre side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Burke Centre?
The median home sale price in Burke Centre is $645,000, down 22.8% from last year.
How long do homes stay on market in Burke Centre?
Homes typically spend 21 days on market before going under contract.
What is the median income in Burke Centre?
The median household income is $159,932 per year.
Is Burke Centre a buyer's or seller's market?
With 0.8 months of supply, Burke Centre is currently a strong seller's market.
What is the median condo price in Burke Centre?
The median condo/co-op sale price in Burke Centre, VA is $393,750, compared to $875,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Burke Centre?
The median single-family home price in Burke Centre, VA is $875,000 (about $380 per square foot).
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