Sherman Oaks, CA Housing Market
Median List Price
$1,695,000
Updated August 2026
Today, Sherman Oaks has 242 homes for sale at a median list price of $1,695,000, typically selling in about 58 days.
Sherman Oaks Market Analysis
Buyers in Sherman Oaks, CA are looking at a median list price of $1.7M. Per square foot, the median stands at $719. Since February, the median price has moved down about 3.6% to $1.3M as of July.
It takes about 20 days for the typical home here to go under contract. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Sherman Oaks, CA has 242 active listings on the market right now. 71 new listings came on the market in the last 30 days.
Pricing spreads from a $497,450 median for one bedroom homes to $3.2M for five bedroom homes. Most of what is for sale here is single family homes, about 65.7% of the mix, with condos accounting for another 28.9%. Sherman Oaks, CA covers the 91423, 91403, 91401, and 91411 ZIP codes.
Sherman Oaks Rental Market
Renters in Sherman Oaks, CA are looking at a median asking rent of $6,000. Since February, the median rent has moved up about 31.1% to $5,900 as of July. Sherman Oaks, CA has 134 active rental listings on the market right now.
Sherman Oaks Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 6% over the last six months and 4% over the past year, yet 40% of sellers have trimmed their asking price, and the typical home takes about 58 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.70M
↑ 4% 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
5.6 months of supply
Balanced Supply242 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~58 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 trend is moving the other way though, with selling times down 21% over the last six months.
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 $671K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.2M)
Price Reductions
98 listings have reduced their price
40% of active listings
Average reduction: 6.6% (~$112K)
Browse Sherman Oaks Listings
Frequently Asked Questions about the Sherman Oaks, CA Housing Market
What is the median home price in Sherman Oaks, CA?
The median list price in Sherman Oaks is $1,695,000 as of August 2026, based on 242 active listings.
Is Sherman Oaks a buyer's market or a seller's market?
Sherman Oaks currently reads as a balanced market. Active inventory works out to about 5.6 months of supply at the recent sales pace.
How fast do homes sell in Sherman Oaks?
Homes that closed in the last 90 days typically went under contract in about 20 days. The average home currently for sale has been on the market for 58 days.
Are home prices in Sherman Oaks going up or down?
The median sale price in Sherman Oaks is up about 3.9% compared with a year ago.
How many homes are for sale in Sherman Oaks, CA?
There are 242 homes for sale in Sherman Oaks right now, including 17 listed within the last week.
What is the median rent in Sherman Oaks?
The median asking rent in Sherman Oaks is $6,000 per month, across 134 active rental listings.