ZIP 91423 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 91423 in the Sherman Oaks housing market is $1,445,782, with a typical rent of $2,872 per month. That puts the local home-value-to-annual-rent ratio at 41.9.
Key stats
- ZIP 91423 is around the 82nd percentile of tracked local ZIPs for home value.
- ZIP 91423 is around the 19th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 41.9.
- 71 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $1,445,782
- Typical rent
- $2,872
- Homes for sale
- 130
- Buyer competition
- 53
- New listings
- 31
- Homes going pending
- 22
- Listings with price cuts
- 27.8%
Price and rent in ZIP 91423
ZIP 91423 is around the 82nd percentile of tracked local ZIPs for home value. ZIP 91423 is around the 62nd percentile of tracked local ZIPs for rent.
ZIP 91423 home value & rent trend (past 12 months)
Typical home value rose 3.8% over the past 12 months, from $1,392,560 to $1,445,782. It rose in 6 of 11 monthly readings. The largest monthly gain was +1.2% in November 2025.
Typical rent fell 0.1% over the past 12 months, from $2,876 to $2,872. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.8% in January 2026.
How ZIP 91423 compares to the metro
ZIP 91423's typical home value is 55.6% above the metro median of $929,126. ZIP 91423's typical rent is 6.0% above the metro median of $2,710. ZIP 91423's buyer competition is 11.7% below the metro median of 60.
How fast homes sell in ZIP 91423
Homes in ZIP 91423 typically go pending in about 74 days — about 45% slower than the metro median of 51 days.
Supply, pending activity, and competition
ZIP 91423 is around the 82nd percentile of tracked local ZIPs for for-sale inventory. ZIP 91423 is around the 19th percentile of tracked local ZIPs for buyer competition. 71 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 102 and 146 — a 44-point spread across 94 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 91403, 91607, 91604, 90210.
Continue your market research
- Is Los Angeles Housing Market Cooling?Read the related local market analysis.
- Is Los Angeles a Buyer's Market?Read the related local market analysis.
- Compare 91423 vs 90002Compare this market with another tracked ZIP or peer group.
- Compare 91423 vs 90003Compare this market with another tracked ZIP or peer group.
- Compare 91423 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 91403 housing marketReview a nearby local market with the same core measures.
- ZIP 91607 housing marketReview a nearby local market with the same core measures.
- ZIP 91604 housing marketReview a nearby local market with the same core measures.
- Los Angeles Metro housing market overviewReturn to the broader parent market.
91423 Housing Market Overview FAQ
What is the typical home value in ZIP 91423?
The typical home value in ZIP 91423 is $1,445,782 in the latest monthly reading.
What is the typical rent in ZIP 91423?
Typical rent in ZIP 91423 is $2,872 per month.
What is the home-value-to-rent ratio in ZIP 91423?
ZIP 91423 has a home-value-to-annual-rent ratio of 41.9.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules