The housing in Burke Centre, VA has a median value of $555,300 which is significantly higher than the US median value of $338,100. This represents a difference of over $217,200. Over the past year, house appreciation in Burke Centre has been 3.59%, much lower than the 8.27% national average for the US. This suggests that although house prices are significantly higher in Burke Centre, they are appreciating at a slower rate than the rest of the country.
The median home cost in Burke Centre is $555,300. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Burke Centre is up 8.6%.
Average Age of Homes
- The median age of Burke Centre real estate is 35 years old
The Rental Market in Burke Centre
- Renters make up 25.7% of the Burke Centre population
- 1.5% of houses and apartments in Burke Centre, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.