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Burbank, IL Real Estate & Property Data

Burbank Real Estate Market Trends

Last Updated: April 26, 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 313 residential properties have sold over the past year. With a median home price of $268,000 in Burbank and a total of 1 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) 36

% 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) 3

Burbank, IL Real Estate Overview

There were 313 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

$268,000

(Feb 2024)

+18.3%

year-over-year

y-o-y

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
March '23 Mar '23 $253,500

Median Down Payment i

$10,627

(Feb 2024)

-28.7%

year-over-year

y-o-y

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
March '23 Mar '23 $24,750

Number of Homes Sold i

18

(Feb 2024)

-10%

year-over-year

y-o-y

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
March '23 Mar '23 21

Number of Purchase Loans i

12

(Feb 2024)

-45.5%

year-over-year

y-o-y

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
March '23 Mar '23 16

Number of REFI Loans i

12

(Feb 2024)

+100%

year-over-year

y-o-y

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
March '23 Mar '23 12

Number of HELOC Loans i

3

(Feb 2024)

-40%

year-over-year

y-o-y

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
March '23 Mar '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 1 Burbank, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

-85.7%

year-over-year

y-o-y

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
March '23 Mar '23 8

Foreclosure Starts i

1

(Feb 2024)

-83.3%

year-over-year

y-o-y

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
March '23 Mar '23 7

Completed Foreclosures (REOs) i

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
March '23 Mar '23 N/A

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