Housing Market Report for Burke County, NC

This housing market report uses absorption rates to track supply and demand for Burke County, NC. With 7.9 months of inventory across all segments, conditions currently favor buyers — more homes are available than active buyers, creating more room to negotiate on price and terms. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 21, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$75k – $100k

Absorption rate of 0.4, with 2.4 months of inventory.

Coolest Segment ❄️
$900k – $950k

With 36 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$225k – $250k

38 active listings with 49 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 4.9 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
25k-50k 1 0.2 0 Seller's
50k-75k 4 0.7 0 Seller's
75k-100k 2 5 2 0.4 2.4 Seller's
100k-125k 8 6 2 0.1 8 Buyer's
125k-150k 9 12 2 0.2 4.5 Balanced
150k-175k 15 21 3 0.2 4.3 Balanced
175k-200k 18 43 4 0.4 2.5 Seller's
200k-225k 19 38 4 0.3 3 Balanced
225k-250k 38 49 9 0.2 4.7 Balanced
250k-275k 25 40 3 0.3 3.8 Balanced
275k-300k 25 40 5 0.3 3.8 Balanced
300k-325k 16 19 5 0.2 5.1 Balanced
325k-350k 21 17 2 0.1 7.4 Buyer's
350k-375k 15 15 0.2 6 Balanced
375k-400k 20 8 2 0.1 15 Buyer's
400k-425k 8 9 0.2 5.3 Balanced
425k-450k 7 16 0.4 2.6 Seller's
450k-475k 10 9 0.2 6.7 Buyer's
475k-500k 9 7 1 0.1 7.7 Buyer's
500k-550k 9 11 2 0.2 4.9 Balanced
550k-600k 9 9 2 0.2 6 Balanced
600k-650k 6 9 2 0.3 4 Balanced
650k-700k 5 4 0.1 7.5 Buyer's
700k-750k 2 1 0.1 12 Buyer's
750k-800k 6 2 0.1 18 Buyer's
800k-850k 4 3 0.1 8 Buyer's
850k-900k 4 3 0.1 8 Buyer's
900k-950k 6 1 0 36
950k-1m 1 1 0.2 6 Balanced
1m-1.1m 4 3 1 0.1 8 Buyer's
1.1m-1.2m 7 6 2 0.1 7 Buyer's
1.2m-1.3m 3 0
1.3m-1.4m 2 2 1 0.2 6 Balanced
1.4m-1.5m 2 1 0.1 12 Buyer's
1.5m-1.6m 1 1 0.2 6 Balanced
1.6m-1.7m 2 0
1.7m-1.8m 1 1 0.2 6 Balanced
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 2 1 0.3 0 Seller's
2.25m-2.5m 1 1 1 0.2 6 Balanced
2.5m-2.75m 3 0
2.75m-3m 1 0
3m-3.5m 2 2 0.2 6 Balanced

Townhouses

Hottest Segment 🔥
$350k – $375k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$350k – $375k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

0 active listings with 3 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 1.8 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
25k-50k 1 1 0.2 0 Seller's
50k-75k 1 0
175k-200k 1 0.2 0 Seller's
225k-250k 1 0.2 0 Seller's
250k-275k 3 0.5 0 Seller's
275k-300k 1 1 0.2 0 Seller's
350k-375k 1 1 0.2 6 Balanced
375k-400k 1 1 0.2 6 Balanced
450k-475k 1 1 0.2 0 Seller's

Condos

Hottest Segment 🔥
$225k – $250k

Absorption rate of 0.

Coolest Segment ❄️
$250k – $275k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

0 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 6 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
225k-250k 1 0
250k-275k 1 1 0.2 0 Seller's
275k-300k 2 0
325k-350k 1 0.2 0 Seller's
600k-650k 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$325k – $350k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$125k – $150k

With 96 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$25k – $50k

105 active listings with 30 sold in the last 6 months.

Market Overview
All Segments

With 18.9 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 44 21 1 0.1 12.6 Buyer's
25k-50k 105 30 2 0 21
50k-75k 62 25 3 0.1 14.9 Buyer's
75k-100k 43 8 1 0 32.3
100k-125k 19 4 2 0 28.5
125k-150k 16 1 0 96
150k-175k 12 7 0.1 10.3 Buyer's
175k-200k 12 2 0 36
200k-225k 2 1 0.3 0 Seller's
225k-250k 9 2 0 27
250k-275k 4 1 0 24
275k-300k 8 3 1 0.1 16 Buyer's
300k-325k 4 0
325k-350k 2 2 0.2 6 Balanced
350k-375k 3 0
375k-400k 8 4 0.1 12 Buyer's
450k-475k 3 0
475k-500k 3 1 0.1 18 Buyer's
500k-550k 1 1 0.2 6 Balanced
550k-600k 4 1 1 0 24
600k-650k 5 3 0.1 10 Buyer's
650k-700k 1 0.2 0 Seller's
700k-750k 1 1 0.2 6 Balanced
750k-800k 1 0
900k-950k 2 0
950k-1m 4 0
1.1m-1.2m 1 0
1.2m-1.3m 4 0
1.7m-1.8m 1 0
2.25m-2.5m 1 0
3.5m-4m 1 0.2 0 Seller's