HomeMarketCap.com

ZIP 91402 Panorama City, CA Housing Market

91402Panorama City area

Price, Rent & Competition

$707,830

$2,189

65 index

88

Supply & Market Activity

24

17

19.83%

Area profile & market context

Population

65,754

Population density

6,814 / sq mi

Latest market movement

Home value (MoM)

+0.03%

Inventory (MoM)

+3.53%

Buyer competition (MoM)

+4.84%

New listings (MoM)

0.00%

Homes Pending (MoM)

0.00%

Price cuts share (MoM)

+1.69%

Typical rent (YoY)

+1.32%

How quickly homes are selling

Stable

Direct sale-speed signals look fairly stable for this ZIP right now.

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: 17 · MoM: 0.00% · YoY: 30.77%

Other local market activity

  • New listings

    Value: 24 · MoM: 0.00% · YoY: 14.29%

  • Homes for sale

    Value: 88 · MoM: 3.53% · YoY: 18.92%

  • Buyer competition

    Value: 65 · MoM: 4.84% · YoY: 14.04%

  • Price cuts share

    Value: 19.83% · MoM: 1.69% · YoY: -23.93%

  • Home sales activity (metro)

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

ZIP 91402 covers residential neighborhoods in Panorama City, located within Los Angeles County, CA, part of the broader Los Angeles housing market. The typical home value in ZIP 91402 in the Panorama City housing market is $707,830, with a typical rent of $2,189 per month. That puts the local home-value-to-annual-rent ratio at 26.9.

Key stats

  • ZIP 91402 is around the 18th percentile of tracked local ZIPs for home value.
  • ZIP 91402 is around the 83rd percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 26.9.
  • 71 homes went pending for every 100 new listings in the current reading.
  • Supply and buyer competition did not produce a clear easing or tightening split.
Typical home value
$707,830
Typical rent
$2,189
Homes for sale
88
Buyer competition
65
New listings
24
Homes going pending
17
Listings with price cuts
19.8%
Typical home value — past 12 months
Aug 25Jul 26
Up 0.1% over 12 months
Typical home value up 0.1% over the last 12 months in ZIP 91402.
Typical rent — past 12 months
Aug 25Jul 26
Up 2.3% over 12 months
Typical rent up 2.3% over the last 12 months in ZIP 91402.
Homes for sale — past 12 months
Aug 25Jul 26
Up 15.8% over 12 months
Homes for sale up 15.8% over the last 12 months in ZIP 91402.
New listings — past 12 months
Aug 25Jul 26
Up 20.0% over 12 months
New listings up 20.0% over the last 12 months in ZIP 91402.
Homes going pending — past 12 months
Aug 25Jul 26
Up 30.8% over 12 months
Homes going pending up 30.8% over the last 12 months in ZIP 91402.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 8.3% over 12 months
Buyer competition index up 8.3% over the last 12 months in ZIP 91402.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 15.9% over 12 months
Listings with price cuts down 15.9% over the last 12 months in ZIP 91402.

Price and rent in ZIP 91402

ZIP 91402 is around the 18th percentile of tracked local ZIPs for home value. ZIP 91402 is around the 4th percentile of tracked local ZIPs for rent.

ZIP 91402 home value & rent trend (past 12 months)

Typical home value rose 0.1% over the past 12 months, from $706,800 to $707,830. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.5% in December 2025.

Typical rent rose 2.3% over the past 12 months, from $2,140 to $2,189. It rose in 8 of 11 monthly readings. The largest monthly gain was +1.8% in May 2026.

How ZIP 91402 compares to the metro

ZIP 91402's typical home value is 23.8% below the metro median of $929,126. ZIP 91402's typical rent is 19.2% below the metro median of $2,710. ZIP 91402's buyer competition is 8.3% above the metro median of 60.

Supply, pending activity, and competition

ZIP 91402 is around the 65th percentile of tracked local ZIPs for for-sale inventory. ZIP 91402 is around the 83rd percentile of tracked local ZIPs for buyer competition. 71 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 75 and 88 — a 13-point spread across 94 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 91405, 91343, 91331, 91345.

Continue your market research

91402 Housing Market Overview FAQ

What is the typical home value in ZIP 91402?

The typical home value in ZIP 91402 is $707,830 in the latest monthly reading.

What is the typical rent in ZIP 91402?

Typical rent in ZIP 91402 is $2,189 per month.

What is the home-value-to-rent ratio in ZIP 91402?

ZIP 91402 has a home-value-to-annual-rent ratio of 26.9.

Sources and method

Explore ZIP Pages in Los Angeles Metro