HomeMarketCap.com

ZIP 91324 Northridge, CA Housing Market

91324Northridge area

Price, Rent & Competition

$934,566

$2,772

60 index

52

Supply & Market Activity

20

14

29.50%

Area profile & market context

Population

30,699

Population density

2,784 / sq mi

Latest market movement

Home value (MoM)

-0.17%

Inventory (MoM)

+15.56%

Buyer competition (MoM)

-6.25%

New listings (MoM)

+17.65%

Homes Pending (MoM)

+7.69%

Price cuts share (MoM)

+5.63%

Typical rent (YoY)

-0.69%

How quickly homes are selling

Selling faster

Homes appear to be going under contract faster in this ZIP.

This summary uses one direct sale-speed signal for this ZIP. Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 14 · MoM: 7.69% · YoY: 16.67%

Other local market activity

  • New listings

    Value: 20 · MoM: 17.65% · YoY: 0.00%

  • Homes for sale

    Value: 52 · MoM: 15.56% · YoY: 4.00%

  • Buyer competition

    Value: 60 · MoM: -6.25% · YoY: -14.29%

  • Price cuts share

    Value: 29.50% · MoM: 5.63% · YoY: 3.09%

  • Home sales activity (metro)

    Value: 7,098 · MoM: -1.32% · YoY: 1.53%

ZIP 91324 covers residential neighborhoods in Northridge, located within Los Angeles County, CA, part of the broader Los Angeles housing market. The typical home value in ZIP 91324 in the Northridge housing market is $934,566, with a typical rent of $2,772 per month. That puts the local home-value-to-annual-rent ratio at 28.1.

Key stats

  • ZIP 91324 is around the 52nd percentile of tracked local ZIPs for home value.
  • ZIP 91324 is around the 67th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 28.1.
  • 70 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$934,566
Typical rent
$2,772
Homes for sale
52
Buyer competition
60
New listings
20
Homes going pending
14
Listings with price cuts
29.5%
Typical home value — past 12 months
Aug 25Jul 26
Down 0.7% over 12 months
Typical home value down 0.7% over the last 12 months in ZIP 91324.
Typical rent — past 12 months
Aug 25Jul 26
Down 0.4% over 12 months
Typical rent down 0.4% over the last 12 months in ZIP 91324.
Homes for sale — past 12 months
Aug 25Jul 26
Down 8.8% over 12 months
Homes for sale down 8.8% over the last 12 months in ZIP 91324.
New listings — past 12 months
Aug 25Jul 26
Down 4.8% over 12 months
New listings down 4.8% over the last 12 months in ZIP 91324.
Homes going pending — past 12 months
Aug 25Jul 26
Up 7.7% over 12 months
Homes going pending up 7.7% over the last 12 months in ZIP 91324.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 4.8% over 12 months
Buyer competition index down 4.8% over the last 12 months in ZIP 91324.
Listings with price cuts — past 12 months
Aug 25Jul 26
Up 12.4% over 12 months
Listings with price cuts up 12.4% over the last 12 months in ZIP 91324.

Price and rent in ZIP 91324

ZIP 91324 is around the 52nd percentile of tracked local ZIPs for home value. ZIP 91324 is around the 54th percentile of tracked local ZIPs for rent.

ZIP 91324 home value & rent trend (past 12 months)

Typical home value fell 0.7% over the past 12 months, from $940,793 to $934,566. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.3% in November 2025.

Typical rent fell 0.4% over the past 12 months, from $2,785 to $2,772. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.9% in January 2026.

How ZIP 91324 compares to the metro

ZIP 91324's typical rent is 2.3% above the metro median of $2,710.

Supply, pending activity, and competition

ZIP 91324 is around the 24th percentile of tracked local ZIPs for for-sale inventory. ZIP 91324 is around the 67th percentile of tracked local ZIPs for buyer competition. 70 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 40 and 61 — a 21-point spread across 94 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 91330, 91325, 91306, 91326.

Continue your market research

91324 Housing Market Overview FAQ

What is the typical home value in ZIP 91324?

The typical home value in ZIP 91324 is $934,566 in the latest monthly reading.

What is the typical rent in ZIP 91324?

Typical rent in ZIP 91324 is $2,772 per month.

What is the home-value-to-rent ratio in ZIP 91324?

ZIP 91324 has a home-value-to-annual-rent ratio of 28.1.

Sources and method

Explore ZIP Pages in Los Angeles Metro