Market Overview
Home Prices in Burkeville, VA
The median home value in Burkeville, VA is $198,965 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 15.6% compared to a year ago and down 4.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Burkeville are priced51% below average.
Over the past five years, Burkeville home values have risen by approximately19.6%, reflecting steady appreciation in this market.
Price History
Burkeville Home Price Trend
2020
$142,981
$143K
—
2021
$166,345
$166K
+16.3%
2022
$177,470
$177K
+6.7%
2023
$181,478
$181K
+2.3%
2024
$179,816
$180K
-0.9%
2025
$172,131
$172K
-4.3%
2026
$198,965
$199K
+15.6%
City Comparison
Burkeville vs. National Median
🏠 Burkeville
$198,965
National Median
$410,000
At $198,965, homes in Burkeville cost 51% below the national median of $410,000. This makes Burkeville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Burkeville?
20% Down Payment
$39,793
on $198,965
Monthly P&I
$1,038/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,318/mo
incl. taxes & insurance
Income Needed
$52,720
gross annual (30% rule)
10% Down Option
$19,897
+ PMI applies
Loan Amount (20% dn)
$159,172
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 Burkeville, VA?
The median home value in Burkeville is $198,965 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 15.6% year-over-year.
How much have home prices changed in Burkeville?
Over the past year, home values in Burkeville have increased by 15.6%. Over five years, prices have risen approximately 19.6%.
How much do I need to earn to buy a home in Burkeville?
To comfortably afford the median home price of $198,965 with a 20% down payment ($39,793) at today's rates (6.8%), you'd need a gross annual income of approximately $52,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Burkeville compare to the national average home price?
The national median home value is approximately $410,000. At $198,965, homes in Burkeville are 51% below the national average.