Burbank Housing Market Report – March 2026
Here's a look at how the Burbank, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 62
- Median Sale Price: $1,190,063
- Average Sale Price: $1,424,106
- Average Price Per Sq Ft: $787
- Average Days on Market: 66
- Sale-to-List Price Ratio: 100.7%
Month-Over-Month Trends
Compared to February, the median sale price in Burbank moved 0.6% up (from $1,183,500 to $1,190,063). The number of homes sold was 72.2% up compared to the prior month (36 vs. 62). Average days on market shifted 34.7% down (101 days to 66 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 8.2% up (from $1,100,000 to $1,190,063). Sales volume is 5.1% up year-over-year.
What This Means
Burbank's housing market is showing solid momentum heading into spring, with March data suggesting real buyer appetite is returning. Sales volume jumped 72 percent month-over-month, hitting 62 homes sold compared to just 36 in February. That's a typical seasonal pattern—spring always brings more activity—but the year-over-year gains are more telling. With median prices up 8.2 percent annually and sitting at $1.19 million, the market is appreciating steadily despite economic uncertainty elsewhere. What's particularly encouraging is that homes are selling faster, with average days on market dropping to 66 days from 101 days just last month, suggesting sellers aren't getting stuck waiting.
The fact that homes are selling at 100.7 percent of list price indicates balanced market conditions. Buyers aren't desperate, but they're also not dragging their feet. The current inventory of 159 active listings is a healthy supply level, giving serious buyers actual options without creating a glut. Single-family homes dominate the sales mix, which makes sense in Burbank—that's what most people are looking for. Interest rate stability and the region's entertainment industry resilience likely support continued demand. For buyers, this is neither a frantic seller's market nor a buyer's bonanza, but rather a fair playing field where prepared offers matter most.
Burbank Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91505 | 26 | $1,160,000 | $803 | 66 |
| 91501 | 12 | $932,000 | $715 | 91 |
| 91506 | 11 | $1,430,000 | $822 | 38 |
| 91504 | 9 | $1,425,000 | $812 | 68 |
| 91502 | 4 | $2,900,000 | $731 | 67 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 47 | $1,300,000 | $832 |
| CONDOS | 8 | $682,500 | $577 |
| TOWNHOMES | 3 | $769,000 | $643 |
| MULTI_FAMILY | 2 | $4,825,000 | $503 |
| CONDO | 1 | $850,000 | $556 |
| OTHER | 1 | $4,950,000 | $1,307 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $500K - $749K | 8 |
| $750K+ | 53 |
Current Active Listings
As of this report, there are 159 active listings in Burbank with a median asking price of $1,150,000 and an average of 58 days on market.
Thinking About Selling Your Burbank Home?
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