Is Burbank, CA 91502 a buyer’s or seller’s market?

The Burbank housing market right now

In the three months ending August 31, 2026, 86% of homes in Burbank, CA 91502 sold above their list price, the typical home went under contract in 44 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold faster (76 days then) and the median sale price fell 29% to $634,725. Overall, Burbank is more competitive than a year ago, so tougher for buyers.

Within Los Angeles County, homes here sell faster than in 64% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) is even more competitive.