Burke Centre, VA Housing Market
The Burke Centre housing market is most competitive. The median sale price of a home in Burke Centre was $718K last month, up 24.8% since last year. The median sale price per square foot in Burke Centre is $315, down 1.1% since last year.
Burke Centre Housing Market Trends
In April 2024, Burke Centre home prices were up 24.8% compared to last year, selling for a median price of $718K. On average, homes in Burke Centre sell after 11 days on the market compared to 19 days last year. There were 18 homes sold in April this year, up from 16 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Burke Centre housing market?
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 6% above list price and go pending in around 5 days.
- Hot homescan sell for about 11% above list price and go pending in around 1 day.
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 5% above list price and go pending in around 5 days.
- Hot homescan sell for about 9% above list price and go pending in around 3 days.
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 2% above list price and go pending in around 11 days.
- Hot homescan sell for about 5% above list price and go pending in around 4 days.
Burke Centre Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Burke Centre from outside metros.
- New York homebuyers searched to move into Burke Centre more than any other metro followed by Hartford and Atlanta.
- 82% of Burke Centre homebuyers searched to stay within the Burke Centre metropolitan area.
- Salisbury was the most popular destination among Burke Centre homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
Home offer insights for Burke Centre
Recent offers
- Offer Not Accepted|7 Weeks Ago~$650K OfferSold for $750K3 bd | 2.5 ba | ~1,500 sqftOver List Price1%Days on Market6Competing Offers15Down Payment~20%
- Offer Not Accepted|7 Weeks Ago~$700K OfferSold for $750K3 bd | 2.5 ba | ~1,500 sqftOver List Price4%Days on Market6Competing Offers14OfferAll Cash
- Offer Not Accepted|10 Weeks Ago~$600K OfferSold for $650K4 bd | 2.5 ba | ~2,000 sqftOver List Price4%Days on Market2Competing Offers14OfferAll Cash
- Offer Not Accepted|10 Weeks Ago~$700K OfferSold for $750K3 bd | 3.5 ba | ~2,500 sqftOver List Price0%Days on Market4Competing Offers16Down Payment~20%
View houses in Burke Centre that sold recently
Recently sold homes
- $378,500 Last Sold Price2 beds1 bath1,221 sq ft5766 First Landing Way #105, Burke, VA 22015(703) 533-8660List Price$359,900Sale to List5% over listDays on Market42 days5766 First Landing Way #105, Burke, VA 22015
- $833,000 Last Sold Price4 beds2.5 baths2,436 sq ft10925 Carters Oak Way, Burke, VA 22015(703) 913-1300 Redfin CorporationList Price$775,000Sale to List7% over listDays on Market25 days10925 Carters Oak Way, Burke, VA 22015
- $1,090,000 Last Sold Price4 beds3.5 baths3,136 sq ft5822 Oak Leather Dr, Burke, VA 22015(571) 386-1075List Price$949,999Sale to List15% over listDays on Market24 days5822 Oak Leather Dr, Burke, VA 22015
- $930,200 Last Sold Price4 beds3.5 baths3,866 sq ft6054 Woodedge Ct, Burke, VA 22015(571) 386-1075List Price$925,000Sale to List1% over listDays on Market40 days6054 Woodedge Ct, Burke, VA 22015
- $640,000 Last Sold Price3 beds2 baths1,677 sq ft10025 Beacon Pond Ln, Burke, VA 22015(833) 335-7433List Price$630,000Sale to List2% over listDays on Market22 days10025 Beacon Pond Ln, Burke, VA 22015
- $950,000 Last Sold Price4 beds3.5 baths2,966 sq ft10719 Oakenshaw Ct, Burke, VA 22015(571) 386-1075List Price$899,999Sale to List6% over listDays on Market21 days10719 Oakenshaw Ct, Burke, VA 22015
- $925,000 Last Sold Price5 beds3.5 baths2,585 sq ft10008 Marshall Pond Rd, Burke, VA 22015(703) 964-1290List Price$899,000Sale to List3% over listDays on Market34 days10008 Marshall Pond Rd, Burke, VA 22015
- $815,000 Last Sold Price3 beds2.5 baths2,063 sq ft10022 Wards Grove Cir, Burke, VA 22015(703) 237-9500List Price$750,000Sale to List9% over listDays on Market34 days10022 Wards Grove Cir, Burke, VA 22015
See all recently sold homes in Burke Centre.
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Schools in Burke Centre
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Terra Centre Elementary School Public • PreK-6 | 561 Students | 19 reviews |
7/10 Fairview Elementary School Public • PreK-6 | 731 Students | 12 reviews |
NR Alc At Burke Public • N/A | - Students | N/A |
Climate's impact on Burke Centre housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Burke Centre.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in Burke Centre
Walk Score®
Transit Score®
Bike Score®
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