As it was in 2023, Burlingame Terrace was once again Burlingame’s most affordable neighborhood in 2024, only this time with an average home value of $2.348 million, an increase of 16.7% over its 2023 average value of $2.013 million.  The increase put Burlingame Terrace within shouting reach of 2022’s high-water mark of $2.44 million and did not impact the entry-level neighborhood’s popularity with buyers, as its 16 total sales in 2024 made it the third-most popular neighborhood for buyers in Burlingame.  Despite its overall value increase, Burlingame Terrace did boast the city’s two-most affordable sales in 2024 and Burlingame’s only sub-$1 million single-family home sale, even as the neighborhood average price-per-square foot rose 8.6% to $1,393, sixth-highest in Burlingame. 

To view a detailed google map of the Burlingame Terrace neighborhood, click here. The MLS area is 465.

Favorable

• Perfectly situated between Burlingame Ave and Broadway

• Older homes with character

Adverse

• Lower tree density than Burlingables or Easton Addition, but still gorgeous

Burlingame is one of the few areas that has maintained its gracious charm and timeless elegance over the decades. A favorite among families, Burlingame’s two main shopping areas, Burlingame Avenue and Broadway, attract a wide variety of shoppers discovering its boutiques, restaurants, dessert places, and clothing stores. Home to fresh farmer’s markets every Sunday morning in the summer and fall, jazz concerts in Washington Park, and a yearly Art in the Park fair, Burlingame is a wonderful place to start a family or retire later in life, and is well equipped for both!

Its tree lined streets offer an abundance of architecture and style of homes, from quaint two bedroom bungalows to thoughtfully designed four and five bedrooms.