Burlingame, California is an affluent city located in the San Francisco Bay Area. The median housing value in Burlingame is $2,328,300, which is far higher than the median US housing value of $338,100. In the past year, there has been a 8.61% increase in house values in Burlingame which is slightly higher than the national average of 8.27%. This indicates that housing prices are continuing to rise in Burlingame and it remains one of the most expensive cities to live in within California.
The median home cost in Burlingame is $2,328,300. Home appreciation the last 10 years has been 88.1%. Home Appreciation in Burlingame is up 13.3%.
Average Age of Homes
- The median age of Burlingame real estate is 59 years old
The Rental Market in Burlingame
- Renters make up 49.0% of the Burlingame population
- 3.0% of houses and apartments in Burlingame, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.