Burgeo, Newfoundland and Labrador
As of September 27, 2026, the median asking price in Burgeo is $69,900, across 9 active MLS® listings.
Those listings have been on the market an average of 173 days.
Asking prices work out to about $107 per square foot, based on the 9 listings that report floor area.
Detached homes in Burgeo are listed at an average of $74,129 across 7 active listings.
Burgeo is a small, remote coastal community on Newfoundland’s south coast, defined by a working-harbour setting, strong local ties, and a quieter lifestyle oriented around fishing, marine services, and public-sector employment. Demographics skew older with slower in-migration than larger Newfoundland centres, and housing stock is dominated by detached single-family homes and modest bungalows, many on larger lots. The neighbourhood’s appeal is rooted in affordability, scenery, and access to the outdoors rather than rapid growth, and buyers are often local households, returning residents, or value-focused purchasers seeking a low cost of ownership.
Amenities are concentrated in the town core—basic retail and services, recreation facilities, and waterfront access—while residents rely on larger hubs (e.g., Corner Brook) for specialized shopping and healthcare. School options are limited and typically serve a broad catchment in a small-town setting, and transit is primarily car-dependent with limited regional bus availability; walkability varies but is generally highest near the centre. Real estate trends tend to be stable-to-volatile due to thin sales volumes: prices can move sharply on a small number of transactions, and liquidity can be limited, but rent-to-price ratios can be attractive for investors targeting workforce rentals or longer-term tenants, with the main risks being vacancy sensitivity and slower resale timelines.
Burgeo’s current for-sale market is small and varied, with 9 active listings spanning everything from compact, entry-level homes to larger properties across different parts of the town. The median asking price is $69,900 and the average is $107 per square foot, while the average 173 days on market suggests a slower pace where buyers and investors have time to compare options and negotiate, and sellers may need sharper pricing to stand out.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
Walk Score 1 · Bike Score 21
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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