138 homes in near SCHOLARS PREPARATORY SCHOOL
Homes for Sale near SCHOLARS PREPARATORY SCHOOL
BURBANK, CA
About Homes near SCHOLARS PREPARATORY SCHOOL
About BURBANK: SCHOLARS PREPARATORY SCHOOL is located in BURBANK. Burbank is a city in the southeastern end of the San Fernando Valley in Los Angeles County, California, United States. Located 7 miles (11 km) northwest of downtown Los Angeles, Burbank had a population of 105,833 as of 2025. The city was named after David Burbank, who established a sheep ranch there in 1867. Burbank consists of two distinct areas: a downtown/foothill section, in the foothills of the Verdugo Mountains, and the flatland section.
These are homes for sale within about 2 miles of SCHOLARS PREPARATORY SCHOOL in BURBANK. The area around the school has 142 active listings.
SCHOLARS PREPARATORY SCHOOL Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 7% over the last six months and 5% over the past year, and selling times have improved 39% versus six months ago. At the same time, 30% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.24M
↑ 5% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.1 months of supply
Balanced Supply142 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~41 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 39% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 55% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in SCHOLARS PREPARATORY SCHOOL Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
43%
Homeowners
57%
Renters
Homeownership is 12.5 points lower than the California average (55.5%)
43,066 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $498K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$696K)
Price Reductions
42 listings have reduced their price
30% of active listings
Average reduction: 5.8% (~$72K)
SCHOLARS PREPARATORY SCHOOL Area Market Overview
Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district. The median list price in the SCHOLARS PREPARATORY SCHOOL area is $1.2M. That runs roughly 5.3% higher than BURBANK as a whole. Current inventory stands at 142 active listings. Little has changed over the last six months, with the median price at $1.3M in July versus $1.3M in February.
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Frequently Asked Questions about Homes near SCHOLARS PREPARATORY SCHOOL
How many homes are for sale in SCHOLARS PREPARATORY SCHOOL Area, CA?
There are currently 142 homes for sale in SCHOLARS PREPARATORY SCHOOL Area, ranging from $313,900 to $11,210,000. 9 of them hit the market within the last week.
What is the median home price in SCHOLARS PREPARATORY SCHOOL Area?
The median list price in SCHOLARS PREPARATORY SCHOOL Area is $1,237,250. Price per square foot averages $791. Prices are up 4.6% compared to a year ago.
How fast do homes sell in SCHOLARS PREPARATORY SCHOOL Area?
Homes in SCHOLARS PREPARATORY SCHOOL Area currently average 41 days on the market, a steady pace.
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