Market Overview
Home Prices in Burbank, CA
The median home value in Burbank, CA is $1,192,558 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Burbank are priced191% above average. Burbank is part of the Los Angeles-Long Beach-Anaheim, CA metro area.
Over the past five years, Burbank home values have risen by approximately15.7%, reflecting steady appreciation in this market.
Price History
Burbank Home Price Trend
City Comparison
Burbank vs. National Median
At $1,192,558, homes in Burbank cost 191% above the national median of $410,000. Buyers in Burbank should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Burbank?
20% Down Payment
$238,512
on $1,192,558
Monthly P&I
$6,220/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,899/mo
incl. taxes & insurance
Income Needed
$315,960
gross annual (30% rule)
10% Down Option
$119,256
+ PMI applies
Loan Amount (20% dn)
$954,046
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Burbank, CA?
The median home value in Burbank is $1,192,558 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1% year-over-year.
How much have home prices changed in Burbank?
Over the past year, home values in Burbank have decreased by 1%. Over five years, prices have risen approximately 15.7%.
How much do I need to earn to buy a home in Burbank?
To comfortably afford the median home price of $1,192,558 with a 20% down payment ($238,512) at today's rates (6.8%), you'd need a gross annual income of approximately $315,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Burbank compare to the national average home price?
The national median home value is approximately $410,000. At $1,192,558, homes in Burbank are 191% above the national average.
What metro area is Burbank part of?
Burbank is part of the Los Angeles-Long Beach-Anaheim, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.