Market Overview
Home Prices in Burbank, OH
The median home value in Burbank, OH is $312,720 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Burbank are priced24% below average. Burbank is part of the Wooster, OH metro area.
Over the past five years, Burbank home values have risen by approximately42.1%, reflecting strong long-term appreciation in this market.
Price History
Burbank Home Price Trend
City Comparison
Burbank vs. National Median
At $312,720, homes in Burbank cost 24% below the national median of $410,000. This makes Burbank a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Burbank?
20% Down Payment
$62,544
on $312,720
Monthly P&I
$1,631/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,071/mo
incl. taxes & insurance
Income Needed
$82,840
gross annual (30% rule)
10% Down Option
$31,272
+ PMI applies
Loan Amount (20% dn)
$250,176
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, OH?
The median home value in Burbank is $312,720 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Burbank?
Over the past year, home values in Burbank have increased by 2.5%. Over five years, prices have risen approximately 42.1%.
How much do I need to earn to buy a home in Burbank?
To comfortably afford the median home price of $312,720 with a 20% down payment ($62,544) at today's rates (6.8%), you'd need a gross annual income of approximately $82,840. 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 $312,720, homes in Burbank are 24% below the national average.
What metro area is Burbank part of?
Burbank is part of the Wooster, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.