Burke, VA
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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