The housing median value in 91504 Burbank, CA is $1,081,300, which is significantly higher than the US house median value of $338,100. The appreciation rate for houses in this area has also been strong over the past year with an appreciation rate of 7.39%, which is slightly lower than the national one-year appreciation of 8.27%. This indicates that 91504 Burbank is a very desirable place to live and invest in real estate, as it has appreciated at a healthy rate despite being more expensive than the national median housing value.
The median home cost in Burbank (zip 91504) is $1,081,300. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Burbank (zip 91504) is up 13.0%.
Average Age of Homes
- The median age of Burbank (zip 91504) real estate is 57 years old
The Rental Market in Burbank (zip 91504)
- Renters make up 46.0% of the Burbank (zip 91504) population
- 2.0% of houses and apartments in Burbank (zip 91504), 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.