Burlingame Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Burlingame Market Snapshot

Burlingame is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 83 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$2.95M
Up 5.1% from July 2025
Up $144K from July 2025
Homes Sold
83
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$18,491/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$15,237
  • Property Tax$3,071
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
11 days
2 fewer days than in July 2025
Homes sell in a week or two
Sale-to-List Ratio
108.0%
Up from 104.5% in July 2025
Selling 8% above asking
% Sold Over Asking
67%
67% of homes sold above their asking price
Active Listings
21
Down 35.4% from July 2025
About 0.8 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Burlingame.

Median Sale Price
Up 5.1% year-over-year in Burlingame. Based on 83 sales in the last 3 months.
Homes Sold
41% more homes sold than a year ago in Burlingame.
Total Monthly Payment
Estimated monthly cost is up 5% from a year ago in Burlingame, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Burlingame housing market trends, 2021–2026

September 2021 median
$2.52M
$8,527/mo at 3.0%
Peak (July 2022)
$3.22M
July 2026 median
$2.95M
$15,158/mo at 6.7%

The median sale price in Burlingame is $2.95M — up 17% from $2.52M in September 2021. Over that stretch, the median peaked at $3.22M in July 2022 and bottomed at $1.88M in March 2023. That puts today's price about 12% above the area's 5-year average of $2.63M. Each point is the median of a rolling 3-month window of closings, so the curve runs smoother than any single month; the multi-year direction is the signal.

What buyers actually pay has moved more than the sticker price suggests: a typical monthly payment (20% down, principal & interest) is about $15,158 today, up 78% from $8,527 in September 2021. Most of that increase comes from mortgage rates (3.0% then vs. 6.7% now), not prices — at September 2021 rates, today's median would run about $9,958/mo.

Seasonally, the three months ending in June have been the busiest stretch for closings in Burlingame over the past 5 years (about 65 sales in that window on average, vs. 31 for the stretch ending in February). That's an average across just 5 observations per month, so treat it as a tendency, not a rule.

Frequently asked questions about Burlingame

Is now a good time to buy in Burlingame?

Burlingame is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

How do Burlingame home prices compare to the Bay Area average?

At $2.95M, Burlingame's median sits about 64% above the Bay Area average of $1.80M. Burlingame is on the higher end of the regional market.

By home type:

  • Single-family homes at $3.31M
  • Condos at $900K
  • Townhomes at $1.81M
What price range should I budget for in Burlingame?

Prices in Burlingame depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $3.31M
  • Condos at $900K
  • Townhomes at $1.81M

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Burlingame for buyers?

Burlingame is one of the Bay Area's more competitive markets:

  • Homes sell about 8% above asking on average
  • 67% close above list price
  • 11 days typical time to go pending
  • 17% of listings have had a price reduction

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

What will my total monthly cost be on a median-priced Burlingame home?

At $2.95M with 20% down at 6.71%, your estimated total monthly cost is approximately $18,491:

  • $15,237 principal and interest
  • $3,071 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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