Burbank, IL
Housing market overview · Updated weekly
$281,000median sale price
Homes sold
10
Last 12 weeks
Days on market
87
Average pace
Active listings
65
6.5 months supply
Sale-to-list
95.9%
Below asking
The Burbank housing market is currently classified as a buyer's market with a median sale price of $281,000. Prices have fallen 11.4% compared to last year, with homes spending an average of 87 days on market, indicating 6.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Burbank
There are currently 65 homes listed for sale in Burbank, Il. The median listing price is $337K.
Active listings
65
Homes on market
Median list price
$337K
Avg. days on market
87
Days until sale
New this week
24
Newly listed
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Frequently asked questions
What is the average home price in Burbank?
The median home sale price in Burbank is $281,000, down 11.4% from last year.
How long do homes stay on market in Burbank?
Homes typically spend 87 days on market before going under contract.
Is Burbank a buyer's or seller's market?
With 6.5 months of supply, Burbank is currently a buyer's market.
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