91316 Housing Market
Median List Price
$1,157,000
Updated August 2026
Today, the 91316 ZIP code in Encino, CA has 158 homes for sale at a median list price of $1,157,000, typically selling in about 57 days.
91316 Housing Market Overview
The median list price in the 91316 ZIP code is $1.2M. Compared with Encino overall, that is a 31.9% discount. Current inventory stands at 158 active listings.
Expect a median around $287,500 for one bedroom homes and $6.5M at the six bedroom end. February to July saw the median price go from $700,000 to $692,500, down about 1.1%.
91316 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 8.3 months of supply is more than current demand absorbs, and sale prices have eased 10% over the last six months and are 6% below a year ago. At the same time, sales volume is up 40% versus six months ago, which keeps well-priced homes moving. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$1.16M
↓ 6% 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
8.3 months of supply
Ample Supply158 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~57 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The slowdown has deepened 24% versus 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 44% of current listings are under 30 days old, while the rest have been up longer.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $926K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$2.3M)
Price Reductions
62 listings have reduced their price
39% of active listings
Average reduction: 7.3% (~$85K)
Browse 91316 Listings
Frequently Asked Questions about the 91316 Housing Market
What is the median home price in the 91316 ZIP code?
The median list price in the 91316 ZIP code is $1,157,000 as of August 2026, based on 158 active listings.
Is the 91316 ZIP code a buyer's market or a seller's market?
The 91316 ZIP code currently reads as a balanced market. Active inventory works out to about 8.3 months of supply at the recent sales pace.
How fast do homes sell in the 91316 ZIP code?
The average home currently for sale in the 91316 ZIP code has been on the market for 57 days.
Are home prices in the 91316 ZIP code going up or down?
The median sale price in the 91316 ZIP code is down about 6.1% compared with a year ago.
How many homes are for sale in the 91316 ZIP code?
There are 158 homes for sale in the 91316 ZIP code right now, including 15 listed within the last week.