Zip 91505 (Burbank, CA) Housing

Housing in 91505 Burbank, CA is quite expensive compared to the national average. The median value of housing in this zip code is an impressive $1,062,800, which is more than three times the US median house value of $338,100. While house prices nationally have seen an appreciation rate of 8.27% in the past year, homes in 91505 Burbank have appreciated at a slightly lower rate of 7.39%. Investing in real estate in this area can be quite lucrative as values continue to rise steadily despite a more moderate appreciation rate compared to other parts of the country.

The median home cost in Burbank (zip 91505) is $1,062,800. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Burbank (zip 91505) is up 13.0%.

Average Age of Homes

- The median age of Burbank (zip 91505) real estate is 68 years old

The Rental Market in Burbank (zip 91505)

- Renters make up 51.6% of the Burbank (zip 91505) population
- 3.3% of houses and apartments in Burbank (zip 91505), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Burbank, California	United States
	14,100.0	139,647,020.0
	71	42
	$1,062,800	$338,100
	13.0%	16.6%
	45.6%	57.0%
	119.9%	101.1%
	$5.66	$10.98
	$4,596	$2,690
	43.3%	57.4%
	7.5%	11.2%
	49.2%	31.4%
Vacant Housing
	3.3%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.0%	2.4%
	0.2%	2.8%
	0.3%	3.9%
	0.4%	4.5%
	0.2%	11.3%
	0.0%	13.0%
	0.5%	20.1%
	1.7%	13.6%
	2.6%	8.3%
	33.0%	9.7%
	41.1%	3.9%
	15.4%	2.2%
	0.5%	0.8%
	3.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.3%	13.6%
	1.3%	13.6%
	6.0%	13.6%
	11.1%	13.2%
	5.8%	14.8%
	6.0%	13.6%
	15.5%	10.0%
	33.4%	4.7%
	16.3%	12.2%

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