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Burbank Junction Chandler Park (Magnolia Park North) Northwest District Rancho Adjacent The Rancho District (The Rancho)

BURBANK, CA 91506

Real Estate Market Report  ·  Los Angeles County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 91506

Burbank Junction · Chandler Park (Magnolia Park North) · Northwest District · Rancho Adjacent · The Rancho District (The Rancho)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BURBANK, CA real estate market (91506) currently shows 37 active listings, with 18 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 39 days on market compared to 32 days last year.

The median listing price has fallen 1.8% year-over-year, from $1,272,500 to $1,250,000.

Whether you are buying or selling in BURBANK, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,559  ·  Density: 3,116.4/mi²  ·  Median household income: $104,009

Typical home value: $986,984  ·  Homeownership: 58.0%

Market Overview

Active Listings
37
⇧ 15.6% vs 32 last year
Pending
18
49% pending ratio
Median Price
$1,250,000
⇩ 1.8% vs $1,272,500 last year
Average Price
$1,317,213
⇩ 17% vs $1,586,340 last year
Days on Market
39
⇧ 21.9% vs 32 days last year

Price Per Square Foot

Median $/sqft
$891
⇧ 9.2% vs $816/sqft last year
Median Home Size
1,515 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 32 last year
  • Days on market: 39 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $1,250,000 (-1.8% YoY)
  • Average: $1,317,213 (-17% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.4 miles — 816 listings ($1,784,022,462 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
91506Burbank, CA 915060.0 mi27$35,824,923$1,275,000$1,326,849
91505Burbank, CA 915051.4 mi54$69,072,264$1,157,000$1,279,116
91501Burbank, CA 915012.3 mi27$51,247,728$1,512,250$1,898,064
91602North Hollywood, CA 916022.8 mi53$101,665,660$1,383,746$1,918,220
90068Los Angeles, CA 900683.0 mi160$398,305,120$1,996,000$2,489,407
91203Glendale, CA 912033.7 mi7$5,283,131$771,250$754,733
91606North Hollywood, CA 916063.9 mi46$41,028,228$890,247$891,918
91607Valley Village, CA 916074.4 mi60$116,107,260$1,521,250$1,935,121
91207Glendale, CA 912074.5 mi11$22,384,054$2,072,500$2,034,914
91352Sun Valley, CA 913524.8 mi45$44,885,745$899,999$997,461
90046Los Angeles, CA 900465.0 mi234$749,025,342$1,881,000$3,200,963
91208Glendale, CA 912085.1 mi25$39,837,550$1,536,500$1,593,502
90039Los Angeles, CA 900395.4 mi67$109,355,457$1,499,000$1,632,171

Frequently Asked Questions

How many homes are for sale in BURBANK, CA 91506?

As of March 2026, there are 37 active listings in BURBANK, CA (zip code 91506), compared to 32 the prior year.

What is the median home price in BURBANK, CA 91506?

The median listing price in BURBANK, CA 91506 is $1,250,000 as of March 2026, a 1.8% decrease from $1,272,500 the prior year.

How long do homes stay on the market in BURBANK, CA?

Homes in BURBANK, CA 91506 spend an average of 39 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in BURBANK, CA 91506?

Based on current inventory and days-on-market data as of March 2026, BURBANK, CA 91506 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 39 days on market compared to 32 days last year.

How much can I save on real estate commission in BURBANK, CA?

With SELL123.com's maximum 3% commission, sellers in BURBANK, CA 91506 save an estimated $25,000 compared to a typical 5% commission on the median listing price of $1,250,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.