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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
Balanced Market
February 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 February 2026. Source: Realtor.com.

The BURBANK, CA real estate market (91506) currently shows 27 active listings, with 9 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 31 days on market compared to 48 days last year.

The median listing price has fallen 5.5% year-over-year, from $1,349,475 to $1,275,000.

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
27
⇧ 12.5% vs 24 last year
Pending
9
33% pending ratio
Median Price
$1,275,000
⇩ 5.5% vs $1,349,475 last year
Average Price
$1,326,849
⇩ 17.1% vs $1,599,930 last year
Days on Market
31
⇩ 35.4% vs 48 days last year

Price Per Square Foot

Median $/sqft
$790
⇩ 16.8% vs $949/sqft last year
Median Home Size
1,658 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 24 last year
  • Days on market: 31 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $1,275,000 (-5.5% YoY)
  • Average: $1,326,849 (-17.1% 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 — 741 listings ($1,678,118,919 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
91506Burbank, CA 915060.0 mi28$41,105,988$1,361,369$1,468,071
91505Burbank, CA 915051.4 mi44$58,729,924$1,185,000$1,334,771
91501Burbank, CA 915012.3 mi23$39,063,453$1,147,000$1,698,411
91602North Hollywood, CA 916022.8 mi49$93,728,719$1,295,000$1,912,831
90068Los Angeles, CA 900683.0 mi160$425,743,040$1,992,500$2,660,894
91203Glendale, CA 912033.7 mi9$6,806,997$757,500$756,333
91606North Hollywood, CA 916063.9 mi43$37,493,807$870,000$871,949
91607Valley Village, CA 916074.4 mi53$99,439,713$1,465,000$1,876,221
91207Glendale, CA 912074.5 mi10$22,220,000$2,300,000$2,222,000
91352Sun Valley, CA 913524.8 mi39$44,672,043$889,000$1,145,437
90046Los Angeles, CA 900465.0 mi207$687,641,787$1,869,000$3,321,941
91208Glendale, CA 912085.1 mi18$28,795,770$1,549,999$1,599,765
90039Los Angeles, CA 900395.4 mi58$92,677,678$1,499,000$1,597,891

Frequently Asked Questions

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

As of February 2026, there are 27 active listings in BURBANK, CA (zip code 91506), compared to 24 the prior year.

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

The median listing price in BURBANK, CA 91506 is $1,275,000 as of February 2026, a 5.5% decrease from $1,349,475 the prior year.

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

Homes in BURBANK, CA 91506 spend an average of 31 days on the market before going under contract, compared to 48 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 February 2026, BURBANK, CA 91506 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 48 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 $25,500 compared to a typical 5% commission on the median listing price of $1,275,000. 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.