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Burbank, IL Real Estate & Property Data

Burbank Real Estate Market Trends

Last Updated: May 02, 2024

Accurate and comprehensive real estate data is critical for insight into Burbank, IL. ATTOM’s Burbank real estate data is updated daily, and current market trends show that in Burbank, IL a total of 320 residential properties have sold over the past year. With a median home price of $292,000 in Burbank and a total of 3 foreclosures. Get detailed property data for Burbank, IL instantly. ATTOM is your one-stop-shop for the Burbank property reports and real estate data you need in Burbank, IL.

Burbank Real Estate Market Trends

Get property data for any address in Burbank, IL or the country:

Total Residential Properties 8,838

Total Commercial Properties 413

Avg. Home Age (Single Family Home) 59 Years

Avg. Square Feet (Single Family Home) 1,371

Total 2024 Residential Sales (year-to-date) 63

% of Homes Seriously Underwater (Q2 2024) 0.95%

Total 2023 Residential Sales 292

% of Equity Rich Homes (Q2 2024) 39.55%

Effective 2023 Property Tax 1.86%

Total Foreclosure Filings (year-to-date) 6

Burbank, IL Real Estate Overview

There were 320 residential properties sold in the past year in Burbank, IL. The median home value in Burbank, IL is $269,483. There are a total of 8,838 residential properties in the Burbank.

Median Sales Price i

$292,000

(Mar 2024)

+15.2%

year-over-year

y-o-y

March '24 Mar '24 $292,000
February '24 Feb '24 $268,000
January '24 Jan '24 $280,000
December '23 Dec '23 $272,500
November '23 Nov '23 $293,750
October '23 Oct '23 $373,000
September '23 Sep '23 $280,000
August '23 Aug '23 $274,000
July '23 Jul '23 $310,000
June '23 Jun '23 $294,500
May '23 May '23 $265,000
April '23 Apr '23 $282,750

Median Down Payment i

$17,900

(Mar 2024)

-27.7%

year-over-year

y-o-y

March '24 Mar '24 $17,900
February '24 Feb '24 $10,627
January '24 Jan '24 $14,775
December '23 Dec '23 $9,179
November '23 Nov '23 $14,935
October '23 Oct '23 $32,035
September '23 Sep '23 $8,391
August '23 Aug '23 $10,342
July '23 Jul '23 $30,450
June '23 Jun '23 $13,737
May '23 May '23 $11,347
April '23 Apr '23 $21,625

Number of Homes Sold i

27

(Mar 2024)

+28.6%

year-over-year

y-o-y

March '24 Mar '24 27
February '24 Feb '24 18
January '24 Jan '24 18
December '23 Dec '23 19
November '23 Nov '23 25
October '23 Oct '23 25
September '23 Sep '23 32
August '23 Aug '23 28
July '23 Jul '23 21
June '23 Jun '23 36
May '23 May '23 29
April '23 Apr '23 21

Number of Purchase Loans i

27

(Mar 2024)

+68.8%

year-over-year

y-o-y

March '24 Mar '24 27
February '24 Feb '24 12
January '24 Jan '24 14
December '23 Dec '23 18
November '23 Nov '23 22
October '23 Oct '23 22
September '23 Sep '23 27
August '23 Aug '23 29
July '23 Jul '23 20
June '23 Jun '23 27
May '23 May '23 29
April '23 Apr '23 15

Number of REFI Loans i

14

(Mar 2024)

+16.7%

year-over-year

y-o-y

March '24 Mar '24 14
February '24 Feb '24 12
January '24 Jan '24 9
December '23 Dec '23 14
November '23 Nov '23 20
October '23 Oct '23 15
September '23 Sep '23 11
August '23 Aug '23 20
July '23 Jul '23 19
June '23 Jun '23 19
May '23 May '23 14
April '23 Apr '23 11

Number of HELOC Loans i

7

(Mar 2024)

+16.7%

year-over-year

y-o-y

March '24 Mar '24 7
February '24 Feb '24 3
January '24 Jan '24 9
December '23 Dec '23 6
November '23 Nov '23 8
October '23 Oct '23 6
September '23 Sep '23 5
August '23 Aug '23 2
July '23 Jul '23 3
June '23 Jun '23 10
May '23 May '23 5
April '23 Apr '23 6

Burbank, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60459
$269,483 $196.58/sqft

Burbank, IL Foreclosure Activity

There were a total of 3 Burbank, IL properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

3

(Mar 2024)

-62.5%

year-over-year

y-o-y

March '24 Mar '24 3
February '24 Feb '24 1
January '24 Jan '24 2
December '23 Dec '23 4
November '23 Nov '23 3
October '23 Oct '23 N/A
September '23 Sep '23 2
August '23 Aug '23 6
July '23 Jul '23 4
June '23 Jun '23 8
May '23 May '23 6
April '23 Apr '23 4

Foreclosure Starts i

3

(Mar 2024)

-57.1%

year-over-year

y-o-y

March '24 Mar '24 3
February '24 Feb '24 1
January '24 Jan '24 1
December '23 Dec '23 2
November '23 Nov '23 2
October '23 Oct '23 N/A
September '23 Sep '23 2
August '23 Aug '23 4
July '23 Jul '23 4
June '23 Jun '23 6
May '23 May '23 5
April '23 Apr '23 2

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 1

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