Burbank Housing Market Report – April 2026
Here's a look at how the Burbank, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 54
- Median Sale Price: $1,267,500
- Average Sale Price: $1,286,043
- Average Price Per Sq Ft: $849
- Average Days on Market: 61
- Sale-to-List Price Ratio: 101.5%
Month-Over-Month Trends
Compared to March, the median sale price in Burbank moved 6.5% up (from $1,190,063 to $1,267,500). The number of homes sold was 12.9% down compared to the prior month (62 vs. 54). Average days on market shifted 7.6% down (66 days to 61 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 5.6% up (from $1,200,000 to $1,267,500). Sales volume is 20.6% down year-over-year.
What This Means
Burbank's housing market is sending mixed signals this April. Prices continue their upward march, with the median climbing 6.5% from last month and 5.6% year-over-year, suggesting underlying demand remains intact despite affordability headwinds. The fact that homes are selling for 101.5% of list price indicates buyers are still willing to compete, which is notable in a higher-rate environment. However, the real story is in the cooling activity: sales dropped nearly 13% from March and over 20% compared to last April. That's not a minor dip—it signals genuine hesitation among buyers.
The good news for sellers is that homes are moving faster, with days on market falling to 61 days from 66. The active inventory sits at 180 listings, which is moderate and gives buyers some breathing room after years of scarcity. The median asking price of $1.2 million on those listings is slightly below the median sale price, suggesting realistic pricing is helping properties move.
What's happening here is fairly typical spring seasonality meeting persistent affordability concerns. Rising inventory combined with fewer transactions suggests we're past the frenzy but not yet in a buyer's market. For most sellers, conditions remain favorable, but for buyers, the window for negotiating power may be widening—if they can afford Burbank's entry price.
Burbank Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91505 | 15 | $1,195,000 | $815 | 57 |
| 91506 | 15 | $1,350,000 | $863 | 64 |
| 91504 | 10 | $1,319,000 | $848 | 60 |
| 91501 | 9 | $1,410,000 | $969 | 53 |
| 91502 | 5 | $819,000 | $687 | 88 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 42 | $1,305,000 | $916 |
| TOWNHOMES | 5 | $675,000 | $506 |
| CONDOS | 4 | $762,500 | $638 |
| MULTI_FAMILY | 3 | $1,370,000 | $712 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 6 |
| $750K+ | 48 |
Current Active Listings
As of this report, there are 180 active listings in Burbank with a median asking price of $1,195,990 and an average of 57 days on market.
Thinking About Selling Your Burbank Home?
If you're a homeowner in Burbank considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Burbank and throughout Los Angeles County — get a no-obligation cash offer today.