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 $1,448,568, with a typical rent of $2,791 per month. That puts the local home-value-to-annual-rent ratio at 43.3.
Key stats
- ZIP 91403 is around the 84th percentile of tracked local ZIPs for home value.
- ZIP 91403 is around the 7th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 43.3.
- 46 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $1,448,568
- Typical rent
- $2,791
- Homes for sale
- 129
- Buyer competition
- 52
- New listings
- 35
- Homes going pending
- 16
- Listings with price cuts
- 27.5%
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 55th 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 $1,423,913 to $1,448,568. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.8% in December 2025.
Typical rent rose 2.4% over the past 12 months, from $2,725 to $2,791. It rose in 6 of 11 monthly readings. The largest monthly gain was +1.9% in November 2025.
How ZIP 91403 compares to Los Angeles
ZIP 91403's typical home value is 58.8% above the Sherman Oaks median of $911,968. ZIP 91403's typical rent is 1.9% above the Sherman Oaks median of $2,738. ZIP 91403's buyer competition is 16.1% below the Sherman Oaks median of 62.
How fast homes sell in ZIP 91403
Homes in ZIP 91403 typically go pending in about 63 days — about 22% slower than the metro median of 52 days.
Supply, pending activity, and competition
ZIP 91403 is around the 82nd percentile of tracked local ZIPs for for-sale inventory. ZIP 91403 is around the 7th percentile of tracked local ZIPs for buyer competition. 46 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 129 — a 37-point spread across 94 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 91436, 91423, 91411, 91401.
Continue your market research
- Is the Los Angeles Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is Los Angeles a Buyer's Market?Read the related local market analysis.
- All Los Angeles ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 91436 housing marketReview a nearby local market with the same core measures.
- ZIP 91423 housing marketReview a nearby local market with the same core measures.
- ZIP 91411 housing marketReview a nearby local market with the same core measures.
- Los Angeles housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.