The Burke housing market is most competitive. Homes in Burke receive 9 offers on average and sell in around 22 days. The median sale price of a home in Burke was $647K last month, down 0.58% since last year. The median sale price per square foot in Burke is $340, up 9.5% since last year.
In March 2024, Burke home prices were down 0.58% compared to last year, selling for a median price of $647K. On average, homes in Burke sell after 22 days on the market compared to 7 days last year. There were 24 homes sold in March this year, down from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$647,450
-0.58% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Burke, VA
$647,450
-0.58%
United States
To compare other locations to the Burke and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Burke add value to a home.
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How hot is the Burke housing market?
Burke is most competitive. Homes sell in 6 days.
0
100
98
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 6 days.
Hot homes
can sell for about 8% above list price and go pending in around 3 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Burke
Explore recent offers and recently sold homes in Burke
Recent offers
Offer Not Accepted|
5 Weeks Ago
~$850K Offer
Sold for $900K
4bd | 3ba | ~1,500sqft
Under List Price
1%
Days on Market
2
Competing Offers
3
Down Payment
~20%
Michelle Soto
Burke Redfin Agent
Listing agent just mentioned that the sellers selected another offer buyer's offer due to the terms although they waived all contingencies and went significantly over on the price. Said our offer was close in price but did not say we lost it due to being too low on the price.…
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Burke housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Burke.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Burke has a moderate risk of flooding. 917 properties in Burke are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Burke. Flood risk is increasing slower than the national average.
66% of properties are at risk of wildfire over the next 30 years
Fire Factor
Burke has a moderate risk of wildfire. There are 9,316 properties in Burke that have some risk of being affected by wildfire over the next 30 years. This represents 66% of all properties in Burke.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Burke has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Burke is most at risk from hurricanes. 14,053 properties in Burke have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 77 mph.