Market Overview
Home Prices in Burke, VA
The median home value in Burke, VA is $742,103 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Burke are priced81% above average. Burke is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area.
Over the past five years, Burke home values have risen by approximately16.4%, reflecting steady appreciation in this market.
Price History
Burke Home Price Trend
City Comparison
Burke vs. National Median
At $742,103, homes in Burke cost 81% above the national median of $410,000. Buyers in Burke should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Burke?
20% Down Payment
$148,421
on $742,103
Monthly P&I
$3,870/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,915/mo
incl. taxes & insurance
Income Needed
$196,600
gross annual (30% rule)
10% Down Option
$74,210
+ PMI applies
Loan Amount (20% dn)
$593,682
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 Burke, VA?
The median home value in Burke is $742,103 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Burke?
Over the past year, home values in Burke have decreased by 0.5%. Over five years, prices have risen approximately 16.4%.
How much do I need to earn to buy a home in Burke?
To comfortably afford the median home price of $742,103 with a 20% down payment ($148,421) at today's rates (6.8%), you'd need a gross annual income of approximately $196,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Burke compare to the national average home price?
The national median home value is approximately $410,000. At $742,103, homes in Burke are 81% above the national average.
What metro area is Burke part of?
Burke is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.