Market Overview
Home Prices in Burkburnett, TX
The median home value in Burkburnett, TX is $184,449 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Burkburnett are priced55% below average. Burkburnett is part of the Wichita Falls, TX metro area.
Over the past five years, Burkburnett home values have risen by approximately28.9%, reflecting strong long-term appreciation in this market.
Price History
Burkburnett Home Price Trend
City Comparison
Burkburnett vs. National Median
At $184,449, homes in Burkburnett cost 55% below the national median of $410,000. This makes Burkburnett a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Burkburnett?
20% Down Payment
$36,890
on $184,449
Monthly P&I
$962/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,222/mo
incl. taxes & insurance
Income Needed
$48,880
gross annual (30% rule)
10% Down Option
$18,445
+ PMI applies
Loan Amount (20% dn)
$147,559
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Burkburnett, TX?
The median home value in Burkburnett is $184,449 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Burkburnett?
Over the past year, home values in Burkburnett have increased by 0.7%. Over five years, prices have risen approximately 28.9%.
How much do I need to earn to buy a home in Burkburnett?
To comfortably afford the median home price of $184,449 with a 20% down payment ($36,890) at today's rates (6.8%), you'd need a gross annual income of approximately $48,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Burkburnett compare to the national average home price?
The national median home value is approximately $410,000. At $184,449, homes in Burkburnett are 55% below the national average.
What metro area is Burkburnett part of?
Burkburnett is part of the Wichita Falls, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.