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Foreclosure Homes in Burbank, CA 91506

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Burbank, CA Foreclosures

How much do homes sell for in Burbank, CA?
The average home price is currently $1,375,477.
In Burbank, CA, how many homes are available?
There are currently 23 active home listings available in Burbank.
What’s the average rental cost in Burbank, CA?
The average rental price in Burbank is $3,119.
What is the most expensive home in Burbank?
The most expensive home sold in Burbank had a price of $211,771,472.
What is currently the cheapest priced home in Burbank, CA?
The cheapest home for sale in Burbank is priced at $42,938.

Living in Burbank, CA

Burbank, California, known as the Media Capital of the World, is a vibrant city located in Los Angeles County. It is home to major studios such as Warner Bros. and Disney, offering a unique culture steeped in entertainment. With a favorable climate, family-friendly neighborhoods, and excellent educational institutions, Burbank is a desirable place to live for both families and entertainment professionals.

Current Market Conditions in Burbank, CA

The Burbank real estate market is currently experiencing a high demand for housing, primarily driven by its desirable location and industry presence. With limited inventory and a continuous influx of new residents, home prices have steadily increased over the past year.

The market remains competitive, with many homes receiving multiple offers shortly after listing, reflecting buyers' eagerness to secure a property in this thriving community.

Home Value Estimator For Burbank, CA

There are currently 26,983 real estate properties in Burbank, CA, with a median automated valuation model (AVM) price of $1,198,302.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burbank, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Burbank, CA, is $1,375,477.00, with the most expensive house in Burbank, CA, topping out at $211,771,472.00 and the cheapest home in Burbank, CA, clocking in at $42,938.00. In other words, there’s something for every potential homebuyer or savvy investor in Burbank, CA!

Rent Prices In Burbank, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burbank, CA, is on a rollercoaster ride. The average rent price in Burbank, CA, is $3,119.00. Indeed, when looking to rent in Burbank, CA, you can expect to pay as little as $1,550.00 or as much as $6,240.00, with the average rent median estimated to be $3,180.00. The good news is that finding an affordable and desirable property to rent in Burbank, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Burbank, CA 91506 Foreclosures

Market Trend for Burbank, CA

Total Listings Available: 23

Market Values:

Home Prices from $42,938 to $211,771,472

Average Sales Price: $1,375,477

Rental Values:

Rental from $1,550 to $6,240

Average Rent Value: $3,119 / month

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