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 $1,421,148, with a typical rent of $2,893 per month. That puts the local home-value-to-annual-rent ratio at 40.9.
Key stats
- ZIP 91423 is around the 82nd percentile of tracked local ZIPs for home value.
- ZIP 91423 is around the 39th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 40.9.
- 79 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
- $1,421,148
- Typical rent
- $2,893
- Homes for sale
- 134
- Buyer competition
- 59
- New listings
- 29
- Homes going pending
- 23
- Listings with price cuts
- 25.4%
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 63rd percentile of tracked local ZIPs for rent.
ZIP 91423 home value & rent trend (past 12 months)
Typical home value rose 3.4% over the past 12 months, from $1,374,873 to $1,421,148. It rose in 6 of 11 monthly readings. The largest monthly gain was +1.2% in November 2025.
Typical rent fell 0.4% over the past 12 months, from $2,904 to $2,893. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.5% in January 2026.
How ZIP 91423 compares to Los Angeles
ZIP 91423's typical home value is 55.8% above the Sherman Oaks median of $911,968. ZIP 91423's typical rent is 5.7% above the Sherman Oaks median of $2,738. ZIP 91423's buyer competition is 4.8% below the Sherman Oaks median of 62.
How fast homes sell in ZIP 91423
Homes in ZIP 91423 typically go pending in about 71 days — about 38% slower than the metro median of 52 days.
Supply, pending activity, and competition
ZIP 91423 is around the 85th percentile of tracked local ZIPs for for-sale inventory. ZIP 91423 is around the 39th percentile of tracked local ZIPs for buyer competition. 79 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 102 and 143 — a 41-point spread across 94 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 91403, 91607, 91604, 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 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 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.