The Lake Balboa / West Van Nuys housing market is somewhat competitive. The median sale price of a home in Lake Balboa / West Van Nuys was $868K last month, up 2.1% since last year. The median sale price per square foot in Lake Balboa / West Van Nuys is $607, up 2.5% since last year.
What is the housing market like in Lake Balboa / West Van Nuys today?
In March 2024, Lake Balboa / West Van Nuys home prices were up 2.1% compared to last year, selling for a median price of $868K. On average, homes in Lake Balboa / West Van Nuys sell after 37 days on the market compared to 49 days last year. There were 48 homes sold in March this year, down from 55 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$867,500
+2.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Balboa / West Van Nuys, CA
$867,500
+2.1%
United States
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How hot is the Lake Balboa / West Van Nuys housing market?
Lake Balboa / West Van Nuys is somewhat competitive. Homes sell in 37 days.
0
100
69
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 37 days.
Hot homes
can sell for about 4% above list price and go pending in around 20 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
The Academy For Enriched Sciences
Public • K-5 • Choice school
312
Students
19 reviews
8/10
Lorne Street Elementary School
Public • K-5
528
Students
47 reviews
8/10
Lake Balboa College Preparatory Magnet K-12
Public • K-12 • Choice school
582
Students
29 reviews
8/10
Lemay Street Elementary School
Public • K-5
394
Students
15 reviews
6/10
Stagg Street Elementary School
Public • K-5
458
Students
12 reviews
Only showing 5 of
9 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Balboa / West Van Nuys housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Balboa / West Van Nuys.
Risk Factor
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Lake Balboa / West Van Nuys has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information
Provided by First Street Foundation
Transportation in Lake Balboa / West Van Nuys
Learn about the walkability, bikeability, and transit-friendliness of Lake Balboa / West Van Nuys
More real estate resources for Lake Balboa / West Van Nuys