Median price for residential apartments in Burke, VA as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
212 Burke, VA, USA apartments for sale
Burke
According to statistics, the population in Burke, VA amounts to 42,710, which shows decline 1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $134,191, shifting decline 0% from the past year, and the average property value in Burke, VA growth 4% to $518,600 throughout the year.
| Population | 42,710 |
| Median Age | 40.6 |
| Poverty Rate | 3% |
| Household Income | $134,191 |
| Number Of Employees | 21,681 |
| Median Property Value | $518,600 |
Household Income
The average household income in Burke, VA declined from $134,290 to $134,191 in the past year. This data is an estimate based upon 13,571 households in Burke, VA . The chart below presents how household income is distributed in Burke, VA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Burke, VA shifted from $497,900 to $518,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Burke, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Burke, VA properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Burke, VA compared to median property taxes around the country. The prevalent amount of property taxes in Burke, VA equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Burke, VA, USA
Average apartment sale in Burke: $676,671 (+3.6%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| 2-bed apartments | $446,260 | -5.4% |
| 3-bed apartments | $517,210 | -1.4% |
| 4+ bed apartments | $769,055 | +4.5% |
During Nov 2022, the average price for an apartment in/near Burke, VA increased by 3.6% to $676,671.
Asking price for 2-bed apartment also decreased by 5.4% and a place of this size will now cost you $446,260. A 3-bed apartment goes for $517,210, it decreased by 1.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.5% and made it up to $769,055.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Condos for sale | $486,594 | -2.2% |
| Townhouses for sale | $520,236 | +2.1% |
| Lofts for sale | $769,307 | +28.2% |
| Houses for sale | $807,896 | +1% |
Price reports demonstrate that house price increased by 1% this month making it up to $807,896. Condos faced an upward trend these days. The median price for a condo decreased by 2.2%, it’s now available for $486,594. The price dynamics of lofts changed, it increased by 28.2%, the price tag now starts at $769,307. The property value of townhouses increased by 2.1%, you’ll have to spend around $520,236 to get one.