HomeMarketCap.com

ZIP 91402 Panorama City, CA Housing Market

City
Panorama City
County
Los Angeles County
State
CA
Metro area
Los Angeles-Long Beach-Anaheim, CA

91402 — Panorama City area

Price, Rent & Competition

$695,233

$2,255

63 index

88

Supply & Market Activity

22

16

21.23%

Area profile & market context

Population

65,754

Population density

6,814 / sq mi

Latest market movement

Home value (MoM)

+0.19%

Inventory (MoM)

0.00%

Buyer competition (MoM)

+1.61%

New listings (MoM)

-8.33%

Homes Pending (MoM)

-5.88%

Price cuts share (MoM)

+7.08%

Typical rent (YoY)

+1.63%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly 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: 16 · MoM: -5.88% · YoY: 23.08%

Other local market activity

  • New listings

    Value: 22 · MoM: -8.33% · YoY: 10.00%

  • Homes for sale

    Value: 88 · MoM: 0.00% · YoY: 15.79%

  • Buyer competition

    Value: 63 · MoM: 1.61% · YoY: 5.00%

  • Price cuts share

    Value: 21.23% · MoM: 7.08% · YoY: -9.91%

  • Home sales activity (metro)

    Value: 6,268 · MoM: -11.19% · YoY: -3.55%

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 $695,233, with a typical rent of $2,255 per month. That puts the local home-value-to-annual-rent ratio at 25.7.

Key stats

  • ZIP 91402 is around the 18th percentile of tracked local ZIPs for home value.
  • ZIP 91402 is around the 69th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 25.7.
  • 73 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
$695,233
Typical rent
$2,255
Homes for sale
88
Buyer competition
63
New listings
22
Homes going pending
16
Listings with price cuts
21.2%
Typical home value — past 12 months
Sep 25 – Aug 26
Down 0.1% over 12 months
Typical home value down 0.1% over the last 12 months in ZIP 91402.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 1.1% over 12 months
Typical rent up 1.1% over the last 12 months in ZIP 91402.
Homes for sale — past 12 months
Sep 25 – Aug 26
Up 8.6% over 12 months
Homes for sale up 8.6% over the last 12 months in ZIP 91402.
New listings — past 12 months
Sep 25 – Aug 26
Up 0.0% over 12 months
New listings up 0.0% over the last 12 months in ZIP 91402.
Homes going pending — past 12 months
Sep 25 – Aug 26
Up 23.1% over 12 months
Homes going pending up 23.1% over the last 12 months in ZIP 91402.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 1.6% over 12 months
Buyer competition index up 1.6% over the last 12 months in ZIP 91402.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 3.2% over 12 months
Listings with price cuts down 3.2% 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 12th percentile of tracked local ZIPs for rent.

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

Typical home value fell 0.1% over the past 12 months, from $695,761 to $695,233. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.5% in December 2025.

Typical rent rose 1.1% over the past 12 months, from $2,231 to $2,255. It rose in 7 of 11 monthly readings. The largest monthly gain was +2.3% in May 2026.

How ZIP 91402 compares to Los Angeles

ZIP 91402's typical home value is 23.8% below the Panorama City median of $911,968. ZIP 91402's typical rent is 17.7% below the Panorama City median of $2,738. ZIP 91402's buyer competition is 1.6% above the Panorama City median of 62.

Supply, pending activity, and competition

ZIP 91402 is around the 64th percentile of tracked local ZIPs for for-sale inventory. ZIP 91402 is around the 69th percentile of tracked local ZIPs for buyer competition. 73 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

Sources and method

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

Explore ZIP Pages in Los Angeles

ZIP codes at a similar price in other cities

Typical home value within reach of ZIP 91402, in the other tracked markets.