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What income do you need to buy in Burholme?
About $104,000 a year to buy the typical Burholme home, which sells for about $297,000.
- Typical sale price
- $297,000Median of 32 sales in the past 24 months
- Income needed
- $104,000A year, before taxes
- Cash needed up front
- $42,00010% down, transfer tax and closing costs
Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit). These are estimates, not a loan offer.
What it costs each month
| Principal and interest | $1,864 |
|---|---|
| Property tax | $328 |
| Insurance | $124 |
| Mortgage insurance | $111 |
| Total a month | $2,427 |
Claiming the Homestead Exemption could lower the property tax by about $117 a month. The total above does not include that saving.
How prices have moved
Down 8.8% from the year before, comparing the median sale price of the last 12 months with the 12 months before.
| Quarter | Median sale price | Sales |
|---|---|---|
| Q1 2025 | Few sales | 2 |
| Q2 2025 | $395,000 | 5 |
| Q3 2025 | $290,000 | 6 |
| Q4 2025 | $294,000 | 7 |
| Q1 2026 | Few sales | 3 |
| Q2 2026 | Few sales | 4 |
| Q3 2026 | Few sales | 3 |
Quarters with fewer than 5 sales are left out, because a median of so few sales is unreliable.
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Lawndale $220,000
- Oxford Circle $230,000
- Melrose Park Gardens $220,000
Pricier nearby
- Fox Chase $340,000
- Rhawnhurst $320,000
- Lexington Park $336,000
Questions about buying in Burholme
What income do you need to buy a home in Burholme?
About $104,000 a year for the typical Burholme price of $297,000, keeping the housing payment to 28% of gross income. Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit).
How much cash do you need to buy in Burholme?
About $42,000 up front at the typical price: 10% down ($30,000), your share of the transfer tax ($6,787) and closing costs ($5,930).
What does a typical home in Burholme cost per month?
A typical Burholme home costs about $2,427 a month all in: principal and interest $1,864, property tax $328, insurance $124, mortgage insurance $111. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 32 sales, as of 2026-10-29. Mortgage rate 7.24% (Freddie Mac, week of 2026-10-29). Estimates only, not financial advice. Talk to a lender.