The story of this market
The typical home in ZIP 91504 sells for about $892,500, or $779 per square foot.
Prices are down 18.31% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $3,122 a month.
ZIP 91504 — Burbank
The 91504 housing market is currently experiencing a significant price correction with median listing prices down over 18% year-over-year. While sales volume in the broader Burbank area remains active, the specific ZIP code shows a high median home value relative to income, suggesting a cooling trend. Several metrics including specific tax rates, school ratings, and detailed development pipelines are not currently available at the ZIP level.
Median prices moved down 18.3% year over year.
Homes spend a median of 45 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 10.4% — a stable, low-distress profile.
ZCTA 91504, Los Angeles County, CA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%). County (Los Angeles County, California) — County Assessment Roll: Requires all real property to be appraised by the County Assessor to establish an assessed value, which serves as the basis for all property tax levies.
Data retrieved from US Census Bureau ZCTA 91504 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.