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SHERMAN OAKS, CA 91423

Real Estate Market Report  ·  Los Angeles County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
100
⇧ 20.5% vs 83 last year
Pending
18
18% pending ratio
Median Price
$1,692,000
⇩ 22.9% vs $2,193,750 last year
Average Price
$2,236,305
⇩ 2.5% vs $2,294,086 last year
Days on Market
50
⇩ 12.3% vs 57 days last year

Market Context

Population: 31,787  ·  Density: 3,021.3/mi²  ·  Median household income: $104,205

Typical home value: $1,252,950  ·  Homeownership: 37.9%

Market Analysis

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

The SHERMAN OAKS, CA real estate market (91423) currently shows 100 active listings, with 18 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are selling faster, averaging 50 days on market compared to 57 days last year.

The median listing price has fallen 22.9% year-over-year, from $2,193,750 to $1,692,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 100 this year vs 83 last year
  • Days on market: 50 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $1,692,000 (-22.9% YoY)
  • Average: $2,236,305 (-2.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.3 miles — 1,490 listings ($9,388,690,361 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
91423Sherman Oaks, CA 914230.0 mi100$223,630,500$1,692,000$2,236,305
91401Van Nuys, CA 914012.0 mi53$94,223,824$1,299,950$1,777,808
91604Studio City, CA 916042.3 mi123$356,903,073$2,398,000$2,901,651
90077Los Angeles, CA 900773.3 mi105$1,617,776,580$7,947,000$15,407,396
90210Beverly Hills, CA 902103.4 mi211$3,355,539,752$10,495,000$15,903,032
91601North Hollywood, CA 916013.7 mi42$73,937,094$1,150,000$1,760,407
91602North Hollywood, CA 916023.8 mi49$93,728,719$1,295,000$1,912,831
91406Van Nuys, CA 914064.7 mi90$80,526,510$899,000$894,739
90069West Hollywood, CA 900694.8 mi235$1,188,454,925$2,097,500$5,057,255
91505Burbank, CA 915055.2 mi44$58,729,924$1,185,000$1,334,771
90049Los Angeles, CA 900495.4 mi192$1,580,351,232$3,595,000$8,230,996
90068Los Angeles, CA 900686.1 mi160$425,743,040$1,992,500$2,660,894
90048Los Angeles, CA 900486.3 mi86$239,145,188$1,989,000$2,780,758

Frequently Asked Questions

How many homes are for sale in SHERMAN OAKS, CA 91423?

As of January 2026, there are 100 active listings in SHERMAN OAKS, CA (zip code 91423), compared to 83 the prior year.

What is the median home price in SHERMAN OAKS, CA 91423?

The median listing price in SHERMAN OAKS, CA 91423 is $1,692,000 as of January 2026, a 22.9% decrease from $2,193,750 the prior year.

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

Homes in SHERMAN OAKS, CA 91423 spend an average of 50 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in SHERMAN OAKS, CA 91423?

Based on current inventory and days-on-market data as of January 2026, SHERMAN OAKS, CA 91423 is currently a Balanced Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 57 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 91423 save an estimated $33,840 compared to a typical 5% commission on the median listing price of $1,692,000. 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.