Burbank Housing Market Report – June 2026
Here's a look at how the Burbank, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 70
- Median Sale Price: $1,250,000
- Average Sale Price: $1,431,636
- Average Price Per Sq Ft: $773
- Average Days on Market: 54
- Sale-to-List Price Ratio: 100.6%
Month-Over-Month Trends
Compared to May, the median sale price in Burbank moved 0.5% down (from $1,256,500 to $1,250,000). The number of homes sold was 20.7% up compared to the prior month (58 vs. 70). Average days on market shifted 6.9% down (58 days to 54 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 4.5% up (from $1,196,000 to $1,250,000). Sales volume is 27.3% up year-over-year.
What This Means
Burbank's June housing market is showing healthy momentum heading into summer, though the headline numbers warrant some context. While home sales jumped 20.7% month-over-month to 70 units, it's worth noting that earlier data collection issues mean we should focus less on volume swings and more on the price and velocity trends, which tell a clearer story. The median sale price dipped slightly to $1.25 million, but that's a normal fluctuation in a market that's still up 4.5% year-over-year. What's genuinely encouraging is that homes are selling faster—down to 54 days on market from 58 last month—and buyers are paying above asking at a 100.6% ratio, signaling genuine demand.
The broader picture suggests Burbank remains an attractive market for buyers despite broader economic headwinds. Homes are moving efficiently, and the fact that sellers are seeing list-price-plus offers indicates the supply-demand balance still favors the residential market here. With 212 active listings on the market, there's adequate inventory without an overwhelming glut. Single-family homes dominate the sales mix at 46 units, reflecting Burbank's character as a neighborhood-oriented community. For both buyers and sellers, this is a relatively balanced moment—not a frenzy, but not stagnant either.
Burbank Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91505 | 27 | $1,125,000 | $727 | 51 |
| 91501 | 16 | $1,402,500 | $737 | 55 |
| 91506 | 15 | $1,166,000 | $793 | 64 |
| 91504 | 11 | $1,331,000 | $913 | 47 |
| 91502 | 1 | $632,000 | $718 | 40 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 46 | $1,350,000 | $864 |
| CONDOS | 7 | $650,000 | $629 |
| TOWNHOMES | 7 | $740,000 | $558 |
| MULTI_FAMILY | 5 | $1,350,000 | $536 |
| OTHER | 3 | $1,315,000 | $390 |
| CONDO | 2 | $623,000 | $578 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $400K - $499K | 1 |
| $500K - $749K | 9 |
| $750K+ | 59 |
Current Active Listings
As of this report, there are 212 active listings in Burbank with a median asking price of $1,210,871 and an average of 64 days on market.
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