Burnaby Real Estate

1017 Homes for Sale

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Home Prices in Burnaby

The asking price of homes for sale in Burnaby has increased 16.2% since August last year, while the number of homes for sale has decreased -8.38%. See more Burnaby Home Prices & Values.

House
Median Asking Price
$2.0M
531 Houses
Townhouse
Median Asking Price
$1.0M
196 Townhouses
Condo
Median Asking Price
$579K
297 Condos

Burnaby MLS® Listings & Real Estate

Zolo helps you search for your future home out of the 1017 homes for sale in Burnaby. Search by location with our MLS® map for Canada-wide real estate listings. Explore these homes by property type, price, number of bedrooms, size, keywords like "swimming pool," and more to find Burnaby condos or houses for sale in Burnaby. With Zolo you'll be able to find the hottest Burnaby neighbourhoods, neighbourhoods with the top schools in the city, and easily navigate the MLS® system. Most residents in the city own their homes, while 37% live in Burnaby rentals.

Zolo has the most thorough, up-to-date set of Burnaby real estate listings and gives you the power to search within the Burnaby MLS® system for nearby cities and neighbourhoods. If you're keen on learning about the Burnaby real estate market and how it's changed over the year, Zolo's Burnaby average house price stats are the perfect way to further your research. After analyzing Burnaby MLS® data for thousands of homes, we've collected new insights on average home prices, housing inventory, and days on market. Currently, the average Burnaby home will sell for $819,036 and will be on the market for 18 days. Get in touch with one of our Burnaby real estate brokers to get started on landing your dream home today! Interested in cities around Burnaby? Browse some New Westminster real estate as well as search for homes for sale in Port Moody and within the MLS® system (Vancouver) on Zolo.

Burnaby City Guide

223K
Population
10.1%
Population Growth
7%
Unemployment

Burnaby is immediately east of Metro Vancouver and is the third-largest city in British Columbia. It was first incorporated in 1892 but didn’t achieve city status in Canada until 100 years later. In the first 40 years after it was initially incorporated, Burnaby served as the rural agricultural area for both Vancouver and neighbouring New Westminster. Later it took on more importance as an important transportation corridor between the Coast and the Fraser Valley. As a result, Burnaby has lost its rural use and feel and is now a very urban city in southern B.C.

Elevation in this city is quite varied, given that it’s only 99 square kilometres in size. Parts of Burnaby are at sea level while other parts, such as Burnaby Mountain, rise up 370 metres (1,200 feet). Due to this elevation, Burnaby experiences a bit more snowfall during winter months than surrounding cities.

Employment in the city comes from a variety of industrial and commercial firms that make this city their headquarters. This includes major technology firms Electronic Arts and Creo as well as Ballard Power Systems and Telus. Heavy industry firms include Chevron and Petro-Canada.

Surprisingly, the city’s ratio of park land to residents is one of the highest in North America. This is partly because the city keeps and maintains some agricultural land along the Fraser foreshore flats.

While Burnaby occupies only 4% of the land area in the Greater Vancouver Area, it accounts for 10% of this region’s population. And it’s growing. Census Canada reports the city’s population is now more than 225,000. The median age for a Burnaby resident is 39.8, just slightly younger than the B.C. median age of 41.9 years-old.

However, what really put Burnaby on the international stage, so to speak, was Michael Buble. The famous Canadian crooner grew up in the city. For those from a slightly different generation, Michael J. Fox was the icon. This iconic Canadian actor also grew up on on the city shores.

Neighbourhoods

There are 11 recognized neighbourhoods in Burnaby. In the south end is the defacto city centre, Metrotown. While not the official city centre—which is City Hall—it’s considered the centre by most, as just about everyone ends up here. The neighbourhood is home to the biggest shopping complex in the municipality and average home prices are just short of $700,000.

The most expensive community is Montecito, just north of the Lougheed Highway in the North Burnaby East area. Property sells for an average price of $1.8 million. Keep in mind, this is an average price and not all property in the area is priced this high. For instance, the older townhomes don’t sell for near that price, while the large family homes on a very large, long lots can sell for quite a bit more. Other pricey neighbourhoods are Parkcrest, to the west, and Garden Village which is just north of Metrotown. An average property in these communities sells for about $1.7 million.

Forest Hills and Central are two neighbourhoods in Burnaby North where property sells, on average, for about $600,000 to $800,000. You can expect to buy family homes, most of which were built in the last few decades.

For more options, talk to your local Burnaby Realtor, or spend a weekend checking out open houses in Burnaby. To help narrow down your must-see list, check out which communities rank on the hot-list. This list ranks all the communities in Burnaby-based on the number of listings that are available, the average sales price and how long homes for sale in Burnaby stay on the market.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Deer Lake 100% 33% $1.7M 16
2Simon Fraser Hills 70% 70% $749K 8
3Vancouver Heights 74% 58% $852K 21
4Forest Hills Bn 67% 60% $634K 7
5Government Road 63% 63% $654K 34

Nearby Cities

Many buyers opt to purchase in a nearby city and commute to work. These buyers want larger homes for sale and lots but with good commuter access to Burnaby’s downtown core. Good options include New Westminster, Port Moody and Surrey. Look for neighbourhoods that are closer to the highway or commuter train stations, such as Port Moody Centre or Whalley. Even cities that require a bit longer of a commute, such as Richmond, Coquitlam and Langley are good options as they offer more affordable detached homes.

 

City
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Port Coquitlam 57%59%$737K209
2Pitt Meadows 58%44%$721K89
3New Westminster 53%59%$540K274
4Port Moody 52%49%$766K111
5Langley 53%46%$725K761

Demographics

Before committing to live in a city look at its demographics. Collected by Census Canada, this information lets you compare your age, income and background with those already living in the city. This can help you determine if Burnaby is the right city for you and your family.

 

37%
Rent
63%
Own
$966
Monthly Rent (Median)
$1,030
Monthly Mortgage (Median)
56,900
Total Families
$56,136
Family Income (Median)
40
Age (Median)
61%
College Educated

Schools

If you decide that Burnaby is the right city to set down your roots, you may want to consider what schools are nearby. To help you narrow down your Burnaby housing market search, here’s the list of the top five Burnaby schools in each category.

Elementary Schools

9.8 Holy Cross
9.5 St Michaels
9.4 John Knox Christian
9.2 Our Lady Of Mercy
8.8 St Helen's

Secondary Schools

6.7 Burnaby Mountain
6.5 Moscrop
6.5 Burnaby North
6.4 Carver Christian
5.9 Burnaby Central

Commuters

Burnaby is a very commuter-friendly city. Public transit includes buses as well as SkyTrain, the light-rail above-ground trains that connect the city to downtown Vancouver. If you’d rather bike, there are plenty of bike trails and more and more bike-only street routes. If you’re relying on a car remember that traffic from neighbouring communities, such as Coquitlam and Port Moody, may also rely on highways and major streets to get to and from downtown Vancouver.

To get a better idea of how city residents commute, consider the data collected by Statistics Canada.

66%
Drive
29%
Transit
1%
Bike
4%
Walk

Local Scoop

Even in a city with plenty of employment, everybody likes to do a few free things and this city doesn’t disappoint. Locals like to check out the city’s museums, which includes a behind-the-scenes look at a 1912-built home at the Burnaby Village Museum. The museum also gives visitors a chance to check out a newly restored Interurban #1223 tram—the passenger and shipping trolleys that were used up until 1958.

For those interested in learning about the city’s agricultural past, take the self-guided Big Bend Tour. Going at your own pace you can visit up to 10 of the 43 farms that are still in operation in Burnaby. These farms grow everything from cranberries to zucchini—and you can end your tour at the country-to-city store for some fresh goodies to take home.

The kids (both big and small) will be delighted with Burnaby’s Central Railway. The classic model steam train lets you sightsee the city’s biggest park, in style. Just keep in mind the train only operates on weekends and during the summer months.

Music lovers will love the city’s Blues + Roots Festival or check out the annual free outdoor concert performed by the Vancouver Symphony Orchestra at Burnaby’s Deer Lake Park in early July.

Outdoor enthusiasts will love Burnaby’s central location. The city is less than two hours away from world-class skiing and snowboarding in Whistler. Just across on bridge, on the North Shore, are excellent hiking and mountain-biking trails. Plus, there’s a tonne to do in your own backyard. There are two public golf courses in the city, both of which offer the same luxuries and amenities as the private courses. There’s also a variety of parks to explore. Enjoy the Tancho Cranes and other eco-sculptures located in the Burnaby Mountain Conservation Area. Or try and wrap your arms around the immense Douglas Firs, Western Hemlock, Cedars and Poplars that dominate the 86.4 hectares of urban Central Park.

The kids may be interested in the city’s Festival of Learning. A week-long event in early May, this celebration of learning is packed with free events. The aim of each event is to inform, engage, entertain and spark creative dialogue.

burnaby
The listing data is provided under copyright by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver. The listing data is deemed reliable but is not guaranteed accurate by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board, Real Estate Board of Greater Vancouver, nor Zolo.