Burke County, NC Home Values & Market Trends
The median home price in Burke County, NC is $228,570.86. There were 1,338 home sales in Burke County, NC over the past 12 months. The median residential Burke County, NC home value for transactions over the previous year is $172,000. The number of current listings in Burke County, NC is 163, and the percentage of properties for sale is 163.00%. The county has 29 foreclosures, 1 bank owned properties, 15 headed for auction, and 163 properties for sale.
Burke County, NC Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Morganton | $ 289,900 $ 171/sqft | Hildebran | $ 344,644 $ 206/sqft |
| Valdese | $ 232,500 $ 170/sqft | Drexel | $ -- $ -- |
| Connelly Springs | $ 235,037 $ 163/sqft | Glen Alpine | $ -- $ -- |
Housing Market Summary for Burke County, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $180K | $224.2K | 24.58% |
| Median Sold Price | $217.7K | $224.2K | 3.02% |
| Homes For Sale | 153 | 159 | 3.92% |
| Homes Sold | 792 | 763 | -3.66% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Burke County, NC
Browse Homes in Burke County, NC
Burke County, NC home values range from $20,860 to $5,428,167. Hildebran is the priciest city with a median listing home price of $279,000, and Valdese is most affordable with average house prices of around $183,250.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Burke County, NC with Morganton containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Burke County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $457,466 in Connelly Springs to the lowest home value of $87,733 in Morganton.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Burke County, NC ranges from the highest value of $181,644 in Connelly Springs to the lowest value of $181,644 in Connelly Springs. Bank owned homes and properties account for 0.00% of properties in Burke County, NC. There are 6 cities within Burke County, NC; Connelly Springs containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMorganton has 9 auction properties, the highest number of properties going to auction in a single city in the state of Burke County, NC. Auction homes and other auction properties account for 0.05% of all properties in Burke County, NC. There are 6 cities within Burke County, NC; of those cities, the median estimated home value for homes going to auction ranges from $244,731 in Valdese to the lowest value of $69,096 in Valdese.
Compare Nearby Cities
More Real Estate Resources for Burke County, NC
Guide for Burke County, NC
North Carolina Foreclosure Laws
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