In 2015, Burke, VA had a median housing value of $654,900. This was significantly higher than the US median house value of $338,100 during that same time frame. While the US experienced an 8.27% appreciation in housing values over the previous year, Burke experienced a 3.59% appreciation rate. Despite this lower rate of appreciation, housing in Burke remains highly desirable and competitive due to its location and other amenities available in the area.
The median home cost in Burke (zip 22015) is $654,900. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Burke (zip 22015) is up 8.6%.
Average Age of Homes
- The median age of Burke (zip 22015) real estate is 37 years old
The Rental Market in Burke (zip 22015)
- Renters make up 19.3% of the Burke (zip 22015) population
- 0.9% of houses and apartments in Burke (zip 22015), 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.