Foreclosure Homes in Burbank, CA

Current Market Conditions in Burbank, CA

Burbank's real estate market has remained competitive, with steady demand for homes due to its desirable location and community amenities. As of now, there is a continued interest from both buyers and investors, particularly in single-family homes and condominiums, indicating a stable market environment.

Current trends within Burbank reflect a rising home value appreciation, driven by a lack of inventory and high demand. The attractive living conditions, excellent schools, and proximity to entertainment hubs are contributing factors pushing the median home price upward.

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.