Sherman Oaks, CA Housing Market 2026: What Homes Actually Sell For
What homes actually sell for in Sherman Oaks: a median closing price of $1,395,000 across 393 closings Resideline tracked over the last six months, plus the full price spread.
Sherman Oaks produces a steady stream of closings but little consensus: sales over the last six months span a range wide enough that the median is a midpoint between different markets, not a going rate. The distribution below matters more than the headline.
The snapshot
- •Closings tracked, last 6 months: 393
- •Median sold price, last 6 months: $1,395,000
- •Median sold $/sqft, last 6 months: $710
- •Middle half of sales closed between: $805,000 and $2,300,000
What the numbers say
Resideline tracked 393 closed sales in Sherman Oaks over the last six months, with a median closing price of $1,395,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $805,000 and $2,300,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 389 closings with usable living area, the middle half sold between $527 and $866 per square foot.
Figures last updated August 22, 2026 from closings Resideline tracked.
Median home price in Sherman Oaks, CA (August 2026)
The median home price in Sherman Oaks is $1,395,000, measured across the 393 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $805,000 and $2,300,000.
Where Sherman Oaks sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Sherman Oaks over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $805,000 and $2,300,000. Where your target property sits inside that spread matters more than the citywide median.
How long a sale takes here
- •Listed to under contract: a median of 33 days, across 210 Sherman Oaks closings Resideline tracked in the last six months
- •Contract to closing: a median of 14 days, across 203 Sherman Oaks closings Resideline tracked in the last six months
From market read to offer price
A spread this wide means the citywide number cannot price a specific address; the step that matters is the property-level read. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,516+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Sherman Oaks address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Sherman Oaks, CA
Data updated: August 2026
Analysis period: last six months
Tracked closings: 393
Median sold price: $1,395,000
Median sold $/sqft: $710 (389 qualifying)
https://resideline.com/blog/sherman-oaks-ca-housing-market
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Sherman Oaks over the last six months, and is refreshed when the data is. Sherman Oaks is a community within a larger municipality rather than a separate incorporated city, so these figures cover the Sherman Oaks postal area rather than a city boundary.
Frequently Asked Questions
What is the median home price in Sherman Oaks?
The median sold price in Sherman Oaks over the last 6 months is $1,395,000, measured across 393 closings Resideline tracked.
How many homes sold in Sherman Oaks last month?
Resideline tracked 58 closed sales in Sherman Oaks in July 2026, out of 393 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Sherman Oaks?
The middle half of Sherman Oaks sales over the last six months closed between $805,000 and $2,300,000, with a median of $1,395,000.
What is the typical price per square foot in Sherman Oaks?
Among qualifying Sherman Oaks closings Resideline tracked over the last six months, the median sold price per square foot was $710, measured across 389 sales with usable living area. Median is used rather than average because outliers distort the mean.
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