Median price for residential apartments in as of Sep, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
267 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.
- USA
- Burke, VA
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.
- USA
- Burke, VA
Rent vs. Own
- Rent86%
- Own14%
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.
- USA
- Burke, VA
Housing Trends
Burke, VA, USA Housing Trends
Average sale in Burke: $587,809 (-7.9%)
| Apartment Size | Sep | vs Last Month |
|---|---|---|
| 2 bed apartments | $285,000 | -6.6% |
| 3 bed apartments | $532,565 | +17.5% |
| 4+ bed apartments | $670,527 | -9% |
During Sep 2021, the average price for an apartment in/near Burke, VA decreased by 7.9% to $587,809.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $285,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $532,565. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $670,527 for a big-family home.
| Listing Type | Sep | vs Last Month |
|---|---|---|
| Houses for sale | $662,961 | -14.3% |
| Condos for sale | $285,000 | -19.1% |
| Townhouses for sale | $513,206 | +10.9% |
According to statistics, average house is still $662,961 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $285,000. Value of the townhouses didn’t change, the price still starts at $513,206.
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