Burbank, OH44214

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$296,000
4.2% YoY Growth
Median Household Income
$87,400
33.3% 5-Year Growth
Days on Market
71
58.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Burbank, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Burbank, OH is 71. This is a decrease of -58.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 80.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$339,000-1.0%
Listing Count
5-6.0%
Listings as % of Homes0.3%-6.0%
Days on Market
71-58.0%
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Demographics — Burbank, OH

As of the latest ACS Survey released in 2023, Burbank, OH has a population of 2,360, which has increased by 4.2% over the past 5 years. Burbank, OH is a popular place for families, as children make up 27.3% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,3604.2%
% Under 18
27.3%23.0%
% Seniors
16.5%7.8%
% WFH
9.8%22.5%
% w/ College Degree
14.2%-25.7%
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As of the latest ACS Survey released in 2023, Burbank, OH is a predominantly white area, with 96.7% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Burbank, OH is black, making up 0.4% of the population. Foreign-born residents account for 0.0% of the population in Burbank, OH, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.7%-1.8%
% Black
0.4%100.0%
% Hispanic
0.0%-100.0%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Burbank, OH

According to HUD data as of 2023, there were 49 mortgage originations in Burbank, OH, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Burbank, OH. Investor activity is low, as 0.0% of loans were by investors. 31.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
49
% Conventional Loans
86.0%
% Government Loans
14.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
31.0%

Loan Activity

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Rentals and Section 8 — Burbank, OH

Burbank, OH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
5
Total Units Section 8
5
% Rentals under Section 8
4.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$830
2 BedroomN/AN/A$1,000
3 BedroomN/AN/A$1,300
4 BedroomN/AN/A$1,400

Affordability — Burbank, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.9
Median Home Price$296,000
Median Household Income$87,400

Burbank, OH — ZIP Code Boundary Map

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Frequently Asked Questions