City:
Burke is a city in the state of virginia with a population of roughly 44,523. It is in Fairfax County, Virginia the Washington-Arlington-Alexandria, DC-VA-MD-WV core-based statistical areas (CBSA), and the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA combined statistical area (CSA).Its Zip codes include 22015 .
Burke, VA is a small town located in the Shenandoah Valley of Virginia. The population is just over 2,000 people and the median household income is just over $60,000. Burke has a strong agricultural economy and is home to several wineries. However, the real estate market in Burke has been experiencing strong growth in recent years.
The average price of a home in Burke was $269,500 in 2017. This represents an increase of more than 50% from the average price of $156,500 recorded in 2016. The majority of homes sold in Burke are single-family homes. However, there has been a significant increase in the number of condominiums being sold as well. In 2017, the number of condo sales accounted for almost 20% of all home sales in Burke.
One reason why the real estate market has been so strong in Burke is that there are many opportunities for buyers and sellers alike to find properties that meet their needs and desires. There are plenty of single-family homes available for purchase as well as condos and townhouses that can be converted into homes if desired. Additionally, there are a number of new developments being built or planned for Burke which will add even more housing options to the market over time.
If you are interested in buying or selling property in Burke, VA please contact our office at (540) 841-9090 or visit our website at www.burkerealestategroupllc.com to learn more about our services and how we can help you achieve your real estate goals!
Price Index: Washington-Arlington-Alexandria, DC-VA-MD-WV (MSAD)