As we start a new year, many Burnley homeowners are asking the same question: should I sell now, or wait until spring?
In recent conversations with local buyers, sellers, and landlords, one question keeps coming up:
“What will happen to Burnley house prices in 2026?”
Buyers worry about purchasing at the wrong time. Homeowners want to know if prices will rise further before they sell. Landlords are unsure whether to buy more or start selling.
No one can predict the future with certainty, but most experts are not expecting a crash. So what is likely to happen?
What Really Drives House Prices?
House prices are driven by two things: supply and demand.
When there are more buyers than homes for sale, prices are supported. When there are more homes than buyers, prices soften. That basic rule has never changed.
Supply of Homes in Burnley
The number of homes for sale in Burnley gives us a good guide to where prices may head.
January 2020: 751 homes for sale
January 2021: 603
January 2022: 553
January 2023: 742
January 2024: 834
January 2026: 683
During and after the pandemic, many people moved sooner than planned, which reduced supply and pushed prices up.
While there are more homes for sale now than a few years ago, levels are still well below 2008, when Burnley had around 1,320-1,350 homes on the market. Unless supply returns to those levels, a major price crash looks unlikely.
Demand for Burnley Homes
Demand is measured by how many homes sell each year:
2020: 1,220 sales
2021: 1,826
2022: 1,724
2023: 1,473
2024: 1,529
2025: 1,694
(BB10, BB11 and BB12)
Demand is mainly affected by mortgage rates, affordability, and job security. Unlike 2007–08, most homeowners today are on mortgage rates of around 3% to 5%, wages are rising, and unemployment remains low. This means fewer people are being forced to sell.
Is 2026 a Good Time to Buy in Burnley?
That depends more on your personal situation than on trying to time the market.
If you can afford the right home and plan to stay long-term, waiting for the “perfect” moment often does more harm than good. Buying a home is usually a 25–35 year commitment.
Mortgage payments for first-time buyers are still around 26.5% cheaper as a share of income than in 2007, and 5% deposit mortgages remain available, even if rates are slightly higher than a year ago.
For landlords, steady prices and rising rents are helping to improve yields in many parts of Burnley.
What Will Happen to Burnley House Prices in 2026?
If inflation stays under control and interest rates ease slightly, Burnley house prices are likely to rise slowly rather than boom.
My view is that prices in Burnley will grow by around 1% to 2% during 2026, similar to 2025. Some areas and property types will perform better than average, while others may fall slightly behind.
Affordability will remain key. Plan carefully, allow for future rate changes, and make decisions that suit your own circumstances.
How We Can Help - Including Our Members Club
Whether you are buying, selling, or just thinking about your next move, good local advice matters.
As a Burnley estate agency, we deal with the market every day and see what is selling, where demand is strongest, and how homes need to be priced to attract buyers.
We also run a Members Club, which benefits both sellers and buyers:
Sellers get early exposure to motivated, pre-qualified buyers before their home goes fully online, often leading to quicker and smoother sales.
Buyers get early access to selected properties, giving them the chance to view and offer before homes are widely advertised.
If you are considering buying or selling in Burnley in 2026 - or simply want to understand your options - we are always happy to have a no-obligation conversation and explain how our Members Club and local knowledge can help.
Get in touch with me today on info@pendlehillproperties.co.uk
