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Sherman Oaks

SHERMAN OAKS, CA 91403

Real Estate Market Report  ·  Los Angeles County
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 91403

Sherman Oaks

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SHERMAN OAKS, CA real estate market (91403) currently shows 101 active listings, with 20 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 42 days on market compared to 47 days last year.

The median listing price has fallen 15.6% year-over-year, from $2,275,000 to $1,920,250.

Whether you are buying or selling in SHERMAN OAKS, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 25,887  ·  Density: 2,786.3/mi²  ·  Median household income: $107,970

Typical home value: $1,305,800  ·  Homeownership: 41.9%

Market Overview

Active Listings
101
⇩ 13.7% vs 117 last year
Pending
20
20% pending ratio
Median Price
$1,920,250
⇩ 15.6% vs $2,275,000 last year
Average Price
$1,984,563
⇩ 7.3% vs $2,140,932 last year
Days on Market
42
⇩ 10.6% vs 47 days last year

Price Per Square Foot

Median $/sqft
$755
⇩ 2.7% vs $776/sqft last year
Median Home Size
2,400 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 101 this year vs 117 last year
  • Days on market: 42 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $1,920,250 (-15.6% YoY)
  • Average: $1,984,563 (-7.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 1,562 listings ($5,496,735,534 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
91403Sherman Oaks, CA 914030.0 mi91$175,227,234$1,761,250$1,925,574
91423Sherman Oaks, CA 914231.8 mi123$272,384,730$1,744,950$2,214,510
91401Van Nuys, CA 914012.8 mi59$106,269,266$1,360,500$1,801,174
91316Encino, CA 913163.2 mi161$338,453,073$821,700$2,102,193
91405Van Nuys, CA 914053.8 mi62$57,262,642$817,250$923,591
91604Studio City, CA 916044.0 mi141$396,205,629$2,360,500$2,809,969
90049Los Angeles, CA 900494.4 mi217$1,806,359,646$3,597,500$8,324,238
91606North Hollywood, CA 916065.1 mi46$41,028,228$890,247$891,918
91402Panorama City, CA 914025.4 mi78$55,761,576$673,742$714,892
91602North Hollywood, CA 916025.5 mi53$101,665,660$1,383,746$1,918,220
90024Los Angeles, CA 900245.9 mi191$627,545,016$1,429,500$3,285,576
90046Los Angeles, CA 900466.2 mi234$749,025,342$1,881,000$3,200,963
90272Pacific Palisades, CA 902726.5 mi106$769,547,492$3,622,000$7,259,882

Frequently Asked Questions

How many homes are for sale in SHERMAN OAKS, CA 91403?

As of March 2026, there are 101 active listings in SHERMAN OAKS, CA (zip code 91403), compared to 117 the prior year.

What is the median home price in SHERMAN OAKS, CA 91403?

The median listing price in SHERMAN OAKS, CA 91403 is $1,920,250 as of March 2026, a 15.6% decrease from $2,275,000 the prior year.

How long do homes stay on the market in SHERMAN OAKS, CA?

Homes in SHERMAN OAKS, CA 91403 spend an average of 42 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in SHERMAN OAKS, CA 91403?

Based on current inventory and days-on-market data as of March 2026, SHERMAN OAKS, CA 91403 is currently a Seller's Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 42 days on market compared to 47 days last year.

How much can I save on real estate commission in SHERMAN OAKS, CA?

With SELL123.com's maximum 3% commission, sellers in SHERMAN OAKS, CA 91403 save an estimated $38,405 compared to a typical 5% commission on the median listing price of $1,920,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.