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Sherman Oaks, CA 91423 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Sherman Oaks, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 3535PendingPending sales: 55
Sherman Oaks, CA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $2.5M$2.5MSoldMedian sold price (last 6 months): $1.52M$1.52M
What homes actually sell for in Sherman Oaks, CA
Distribution of 199 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $935k to $2.5M
$560k to $1.07M: 50 sales50sales$560k$1.07M to $1.59M: 45 sales$1.59M to $2.1M: 37 sales$1.59M$2.1M to $2.62M: 12 sales$2.62M to $3.13M: 11 sales$2.62M$3.13M to $3.65M: 8 sales$3.65M to $4.16M: 14 sales$3.65M$4.16M to $4.68M: 3 salesMedian $1.52M

What the numbers say

As of October 5, 2026, Resideline is tracking 35 active listings and 5 pending sales in ZIP code 91423. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $2,499,000, while the median of the 199 closed sales Resideline tracked over the last six months was $1,524,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 91423 for 68 days.

Frequently asked questions

What is the median home price in 91423?

The median closed sale price in Sherman Oaks, CA 91423 was $1,524,000 over the last six months, based on 199 closed sales tracked by Resideline. The middle half of those sales ranged from $935,000 to $2,500,000.

Is 91423 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 35 active listings in 91423, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 91423 currently looks like a balanced market.

Nearby ZIP code market data

Full Sherman Oaks, CA housing market report →

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