The housing market in 91501 Burbank, CA is a robust one. The median value of homes in this area is $1,091,000, which is significantly higher than the national median of $338,100. Over the course of the past year, property values have appreciated by 7.39%, slightly less than the US average of 8.27%. With high demand and an ever-increasing number of people moving to this desirable neighborhood, it's no surprise that Burbank is a highly sought after place to live.
The median home cost in Burbank (zip 91501) is $1,091,000. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Burbank (zip 91501) is up 13.0%.
Average Age of Homes
- The median age of Burbank (zip 91501) real estate is 45 years old
The Rental Market in Burbank (zip 91501)
- Renters make up 65.6% of the Burbank (zip 91501) population
- 1.4% of houses and apartments in Burbank (zip 91501), 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.