Is Burke, VA 22015 a buyer’s or seller’s market?
Burke is a seller’s market. With about 0.9 months of supply and 53% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 93% of U.S. ZIP codes, and #11 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Burke housing market right now
In the three months ending August 31, 2026, 53% of homes in Burke, VA 22015 sold above their list price, the typical home went under contract in 26 days and there were 0.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 164 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 46%, homes sold about as fast and the median sale price held steady to $690,951. Overall, Burke is more competitive than a year ago, so tougher for buyers.
Within Fairfax County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 95%. On our competition score, Burke ranks #11 of 358 VA ZIP codes with enough sales (score 88 out of 100).
Nearby, buyers who want less competition could look at Falls Church 22041 (16% sold over asking) or Mc Lean 22102 (18% sold over asking), while Dunn Loring 22027 (75% sold over asking) is even more competitive.
Run the numbers for 22015
Nearby markets
Alexandria 22303Seller’s market $386 /sq ftAlexandria 22306Seller’s market $343 /sq ftAlexandria 22307Seller’s market $425 /sq ftAlexandria 22308Seller’s market $420 /sq ft Browse all markets →Towns like Burke nearby
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Questions about Burke real estate
Is Burke a buyer’s or seller’s market?
A seller’s market: there were 0.9 months of supply in Burke, VA 22015 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Burke?
The typical home went under contract in 26 days in the latest three months.
Do homes in Burke sell over asking?
53% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.
What are property taxes in Burke?
About 1.01% of a home’s value a year in Fairfax County, or roughly $4,040 on a $400,000 home.
What is the median home price in Burke?
The median sale price was $690,951 in the three months ending August 31, 2026, about $346 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology