HomeMarketCap.com

ZIP 91403 Sherman Oaks, CA Housing Market

91403Sherman Oaks area

Price, Rent & Competition

$1,474,504

$2,683

56 index

116

Supply & Market Activity

34

15

23.43%

Area profile & market context

Population

25,793

Population density

2,776 / sq mi

Latest market movement

Home value (MoM)

+0.02%

Inventory (MoM)

+8.41%

Buyer competition (MoM)

-1.75%

New listings (MoM)

+25.93%

Homes Pending (MoM)

0.00%

Price cuts share (MoM)

-1.22%

Typical rent (YoY)

+0.83%

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: 15 · MoM: 0.00% · YoY: -6.25%

Other local market activity

  • New listings

    Value: 34 · MoM: 25.93% · YoY: 21.43%

  • Homes for sale

    Value: 116 · MoM: 8.41% · YoY: -10.08%

  • Buyer competition

    Value: 56 · MoM: -1.75% · YoY: 16.67%

  • Price cuts share

    Value: 23.43% · MoM: -1.22% · YoY: -13.83%

  • Home sales activity (metro)

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

ZIP 91403 covers residential neighborhoods in Sherman Oaks, located within Los Angeles County, CA, part of the broader Los Angeles housing market. The typical home value in ZIP 91403 in the Sherman Oaks housing market is $1,474,504, with a typical rent of $2,683 per month. That puts the local home-value-to-annual-rent ratio at 45.8.

Key stats

  • ZIP 91403 is around the 84th percentile of tracked local ZIPs for home value.
  • ZIP 91403 is around the 29th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 45.8.
  • 44 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$1,474,504
Typical rent
$2,683
Homes for sale
116
Buyer competition
56
New listings
34
Homes going pending
15
Listings with price cuts
23.4%
Typical home value — past 12 months
Aug 25Jul 26
Up 1.7% over 12 months
Typical home value up 1.7% over the last 12 months in ZIP 91403.
Typical rent — past 12 months
Aug 25Jul 26
Up 1.3% over 12 months
Typical rent up 1.3% over the last 12 months in ZIP 91403.
Homes for sale — past 12 months
Aug 25Jul 26
Down 7.9% over 12 months
Homes for sale down 7.9% over the last 12 months in ZIP 91403.
New listings — past 12 months
Aug 25Jul 26
Up 54.5% over 12 months
New listings up 54.5% over the last 12 months in ZIP 91403.
Homes going pending — past 12 months
Aug 25Jul 26
Down 11.8% over 12 months
Homes going pending down 11.8% over the last 12 months in ZIP 91403.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 21.7% over 12 months
Buyer competition index up 21.7% over the last 12 months in ZIP 91403.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 18.3% over 12 months
Listings with price cuts down 18.3% over the last 12 months in ZIP 91403.

Price and rent in ZIP 91403

ZIP 91403 is around the 84th percentile of tracked local ZIPs for home value. ZIP 91403 is around the 45th percentile of tracked local ZIPs for rent.

ZIP 91403 home value & rent trend (past 12 months)

Typical home value rose 1.7% over the past 12 months, from $1,450,325 to $1,474,504. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.8% in December 2025.

Typical rent rose 1.3% over the past 12 months, from $2,649 to $2,683. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.9% in November 2025.

How ZIP 91403 compares to the metro

ZIP 91403's typical home value is 58.7% above the metro median of $929,126. ZIP 91403's typical rent is 1.0% below the metro median of $2,710. ZIP 91403's buyer competition is 6.7% below the metro median of 60.

Supply, pending activity, and competition

ZIP 91403 is around the 80th percentile of tracked local ZIPs for for-sale inventory. ZIP 91403 is around the 29th percentile of tracked local ZIPs for buyer competition. 44 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 92 and 126 — a 34-point spread across 94 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 91436, 91423, 91411, 91401.

Continue your market research

91403 Housing Market Overview FAQ

What is the typical home value in ZIP 91403?

The typical home value in ZIP 91403 is $1,474,504 in the latest monthly reading.

What is the typical rent in ZIP 91403?

Typical rent in ZIP 91403 is $2,683 per month.

What is the home-value-to-rent ratio in ZIP 91403?

ZIP 91403 has a home-value-to-annual-rent ratio of 45.8.

Sources and method

Explore ZIP Pages in Los Angeles Metro