Housing in Burbank, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$330,000

Median List Price

$335,436

Price Per Sq Ft

$172

Days on Market

58

Active Inventory

50

Months of Supply

3.1

Seller's market

Zillow Home Value

$293,794

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 7.5%List Price 12.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

43.8%

Sale-to-List Ratio

100.3%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
43.8%
Listings with Price Drops
22.0%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

22

Pending Sales

16

Homes Sold 36.0%New Listings 33.3%Pending 40.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$172

Median List $/SF

$235

Sale $/SF 0.6%List $/SF 3.7%Mar 24Jan 26

Burbank vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Burbank is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$258,900

Median Rent

$1,241

Total Housing Units

10,012

Vacancy Rate

3.4%

Owner Occupied

80.2%

Renter Occupied

19.8%

Median Property Tax

$5,776

per year

Monthly Cost (w/ Mortgage)

$1,433

Housing Types

Single Family
81.6%
Multi-Family
17.9%
Mobile Home
0.5%

The current median sale price in Burbank, IL is $330,000 according to Redfin data. Homes spend a median of 58 days on the market. 50.0% of homes sold above asking price. The market has 3.1 months of supply. The median price per square foot is $172. The median rent is $1,241 per month (Census ACS). About 80.2% of housing units are owner-occupied. The median year homes were built is 1965. There are 10,012 total housing units.