Commercial Real Estate Market in Burke, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
28 active listings and 584 off-market properties in Burke, VA.
Market Trends
Burke, VA spans 8.5 square miles in Fairfax County, Virginia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Burke, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Burke, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Burke, VA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Burke, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Burke, VA has 43,941 residents in 15,132 households. Density runs 5,178 people per square mile. Median household income here is $166,016 and median gross rent $2,441 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Springfield | $245 | $23.00 |
| Lorton | $325 | $15.00 |
Commercial property in Burke, VA asks $280/SF. The 2 bordering markets run from $245/SF in Springfield to $325/SF in Lorton, and the city sits in line with their $285/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Burke?
How does Burke compare to nearby markets on price?
Where does Realmo's Burke market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 8 active for-lease listings in Burke, VA. The sale median is based on 9 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
