Burgeo

Burgeo, Newfoundland and Labrador, Canada

Market snapshot

As of August 12, 2026, the median asking price in Burgeo is $79,000, across 10 active MLS® listings.

Those listings have been on the market an average of 127 days.

2 new listings came to market in Burgeo in the last 30 days.

Asking prices work out to about $105 per square foot, based on the 10 listings that report floor area.

Detached homes in Burgeo are listed at an average of $75,843 across 7 active listings.

About Burgeo

Burgeo is a small, remote coastal community on Newfoundland’s south coast (in the town of Burgeo) with a strong fishing and outport character. The housing stock is dominated by detached single-family homes, many older and modestly sized, with limited new construction and low transaction volume. Demographics skew older with many long-time residents, and population levels can be variable due to out-migration and seasonal/industry-linked employment. Day-to-day amenities are limited but include basic retail/services and local recreation tied to the waterfront and surrounding natural areas.

Key amenities centre on local community services, small shops, and outdoor activities; for broader shopping and specialized healthcare, residents typically travel to larger regional centres. Schooling is provided locally (small school catchments typical of outports), and there is no urban-style public transit—most mobility is by personal vehicle, with regional road access and limited intercommunity transport options. Real estate trends are characterized by thin inventory and pricing that can move sharply with a few sales, but overall affordability remains high compared with most of Canada. Investment performance tends to hinge on tenant demand stability (often tied to local employment) and the ability to buy at a low basis, rather than rapid appreciation.

Market pulse

Burgeo in Burgeo, Newfoundland and Labrador currently has limited market data available, indicating low listing and sales activity and making pricing trends harder to confirm with confidence. For buyers, this can mean less competition but fewer options to choose from, while investors should expect higher uncertainty and rely more on property-specific fundamentals and on-the-ground demand signals until more live data emerges.

Frequently asked questions about Burgeo

What is the average home price in Burgeo?

The median asking price in Burgeo is $79,000, across 10 active MLS® listings as of August 12, 2026. The average asking price is $86,390. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Burgeo?

There are 10 active MLS® listings in Burgeo as of August 12, 2026. 2 of them came to market in the last 30 days.

How long do homes stay on the market in Burgeo?

Homes currently listed in Burgeo have been on the market an average of 127 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

Explore

How these figures are calculated