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- California
- Sherman Oaks
- 91423 Housing Market
91423 Housing Market
Median List Price
$1,775,000
Updated August 2026
Today, the 91423 ZIP code in Sherman Oaks, CA has 109 homes for sale at a median list price of $1,775,000, typically selling in about 61 days.
91423 Housing Market Overview
Homes in the 91423 ZIP code carry a median list price of $1.8M. Compared with Sherman Oaks overall, that is a 7.6% premium. The median price moved from $1.8M in February to $1.5M in July, a 16.7% decrease over six months. Right now 109 homes are on the market in the 91423 ZIP code. Five bedroom homes carry the highest medians at $3.8M, with one bedroom homes starting the range at $500,000.
91423 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 17% over the last six months and 13% over the past year, yet the typical home takes about 61 days to sell, and 43% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.77M
↑ 13% 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
5.2 months of supply
Balanced Supply109 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 ~61 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 32% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $824K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.3M)
Price Reductions
47 listings have reduced their price
43% of active listings
Average reduction: 6.6% (~$117K)
Browse 91423 Listings
Frequently Asked Questions about the 91423 Housing Market
What is the median home price in the 91423 ZIP code?
The median list price in the 91423 ZIP code is $1,775,000 as of August 2026, based on 109 active listings.
Is the 91423 ZIP code a buyer's market or a seller's market?
The 91423 ZIP code currently reads as a buyer's market. Active inventory works out to about 5.2 months of supply at the recent sales pace.
How fast do homes sell in the 91423 ZIP code?
The average home currently for sale in the 91423 ZIP code has been on the market for 61 days.
Are home prices in the 91423 ZIP code going up or down?
The median sale price in the 91423 ZIP code is up about 12.9% compared with a year ago.
How many homes are for sale in the 91423 ZIP code?
There are 109 homes for sale in the 91423 ZIP code right now, including 7 listed within the last week.