Much like the surrounding areas, it is a lot less expensive compared to the entire nation. Compared to the city of Tyler, it is substantially less expensive.
Home prices
The median home in Burke costs $104,300. Compared to nearby areas it is roughly $1,080 (1%) higher.Compared to the country as a whole it is approximately $113,200 (52%) lower, and compared to the city of Tyler it is about $55,700 (34%) lower.
Rents
Burke's median rent is $663 per month. This is about $30 (4%) lower in comparison to nearby areas.Compared to the country as a whole it is roughly $399 (37%) lower, and is about $260 (28%) lower compared to the city of Tyler.
Nearby places
Diboll
Diboll is roughly 3 miles south of Burke. Its real estate prices are a bit less expensive. Diboll's median home value is $80,700, which comes out to $23,600 (29%) lower than Burke. Rent there is a lot less expensive. Diboll's median rent is $433 a month, which works out to $230 (53%) lower than Burke.
Lufkin
Lufkin is about 6 miles north from Burke. Housing prices there are somewhat more expensive. The median home price in Lufkin is $116,800, which is $12,500 (10%) higher than Burke. Its rents are somewhat more expensive. In Lufkin the median rent is $856 per month, which works out to $193 (22%) higher than Burke.
Hudson
Hudson is about 7 miles north from Burke. The real estate prices there are a little more expensive. The price of the median home in Hudson is $138,100, which comes out to $33,800 (24%) higher than Burke. Its rents are a little more expensive. Hudson's median monthly rent is $811, which works out to $148 (18%) higher than Burke.
Huntington
Huntington is roughly 10 miles east of Burke. Real estate prices there are a lot less expensive. Huntington's median home cost is $77,200, which works out to $27,100 (35%) lower than Burke. The rent there is a bit less expensive. The median rent in Huntington is $538 per month, which works out to $125 (23%) lower than Burke.
Redland
Redland is roughly 12 miles north from Burke. The housing prices there are fairly similar. The median home in Redland costs $103,300, which is very similar to Burke. Its rents are a little more expensive. The median monthly rent in Redland is $825, which is $162 (19%) higher than Burke.