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Foreclosure Homes in Burke, VA

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Burke, VA Foreclosures

Current Market Conditions in in Burke, VA As of March 2026?
Over the past month, Burke has experienced a notable increase in home prices, attributed to a surge in buyer interest and limited housing supply. The average home sale prices have increased by approximately 3%, indicating a healthy and active market. Properties are frequently receiving multiple offers, making this a competitive environment for buyers looking to secure their dream homes.
How much do homes sell for in Burke, VA?
The average home price is currently $733,947.
In Burke, VA, how many homes are available?
There are currently 20 active home listings available in Burke.
What’s the average rental cost in Burke, VA?
The average rental price in Burke is $2,998.
What is the most expensive home in Burke?
The most expensive home sold in Burke had a price of $22,426,121.
What is currently the cheapest priced home in Burke, VA?
The cheapest home for sale in Burke is priced at $33,945.

Living in Burke, VA

Burke, VA is a charming suburban area, ideal for families and individuals who appreciate a peaceful community with many amenities. Residents enjoy access to outdoor activities, quality schools, and a commute to Washington D.C. that balances tranquility with convenience.

Buyer vs Seller Market in Burke, VA

The real estate market in Burke remains strong with a steady demand for homes. Currently, inventory is low compared to demand, leading to competitive pricing and quicker sales. Homes typically sell within just a few weeks of being listed, reflecting buyer confidence in this suburb.

Trends indicate that the market is favoring sellers, with average sale prices on the rise due to the desirable location, quality of schools, and community amenities. Burke continues to attract buyers from various demographics looking for suburban living close to urban centers.

Home Value Estimator For Burke, VA

There are currently 14,343 real estate properties in Burke, VA, with a median automated valuation model (AVM) price of $715,193.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burke, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Burke, VA, is $733,947.00, with the most expensive house in Burke, VA, topping out at $22,426,121.00 and the cheapest home in Burke, VA, clocking in at $33,945.00. In other words, there’s something for every potential homebuyer or savvy investor in Burke, VA!

Rent Prices In Burke, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burke, VA, is on a rollercoaster ride. The average rent price in Burke, VA, is $2,998.00. Indeed, when looking to rent in Burke, VA, you can expect to pay as little as $1,490.00 or as much as $5,800.00, with the average rent median estimated to be $2,900.00. The good news is that finding an affordable and desirable property to rent in Burke, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Burke, VA Foreclosures

Market Trend for Burke, VA

Total Listings Available: 20

Market Values:

Home Prices from $33,945 to $22,426,121

Average Sales Price: $733,947

Rental Values:

Rental from $1,490 to $5,800

Average Rent Value: $2,998 / month

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