Why Live in Burkburnett
Burkburnett, TX, a historic Texas boomtown, is located midway between Dallas and Oklahoma City, near the Red River. Known for its early 20th-century oil boom, the city now has a population of around 10,000, with many residents commuting to Wichita Falls, 15 miles away. The presence of Sheppard Air Force Base has spurred local business opportunities, with manufacturing and distributing companies providing civilian jobs. The Burkburnett Independent School District, which includes several Purple Star-designated campuses, serves the community and nearby areas. Housing in Burkburnett is notably affordable, with ranch-style homes priced between $150,000 and $300,000, and larger contemporary builds ranging from $325,000 to $500,000. Friendship Park is a local highlight, featuring a family-friendly aquatic center and hosting an annual fishing derby and the Burkburnett Friendship Festival. Recreational options include rifle clubs, hunting land, and a semi-private 18-hole golf course. While the city has a small downtown area with limited commerce, most residents travel to Wichita Falls for shopping. Despite the mild winters and hot, humid summers, residents contend with airplane noise from the nearby military base. Crime rates have decreased significantly over the past decade, although there was a slight increase in 2023.
Home Trends in Burkburnett, TX
On average, homes in Burkburnett, TX sell after 58 days on the market compared to the national average of 51 days. The median sale price for homes in Burkburnett, TX over the last 12 months is $192,500, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$192,500
Median Single Family Sale Price
$198,500
Median 2 Bedroom Sale Price
$157,000
Average Price Per Sq Ft
$129
Number of Homes for Sale
50
Last 12 months Home Sales
137
Median List Price
$209,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-6%