The Sherman Oaks housing market is somewhat competitive. The median sale price of a home in Sherman Oaks was $1.4M last month, up 6.0% since last year. The median sale price per square foot in Sherman Oaks is $725, down 0.96% since last year.
What is the housing market like in Sherman Oaks today?
In March 2024, Sherman Oaks home prices were up 6.0% compared to last year, selling for a median price of $1.4M. On average, homes in Sherman Oaks sell after 53 days on the market compared to 46 days last year. There were 145 homes sold in March this year, down from 156 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,449,000
+6.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Sherman Oaks, CA
$1,449,000
+6.0%
United States
To compare other locations to the Sherman Oaks and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Los Angeles add value to a home.
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How hot is the Sherman Oaks housing market?
Sherman Oaks is somewhat competitive. Homes sell in 46 days.
0
100
54
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 around list price and go pending in around 46 days.
Hot homes
can sell for about 2% above list price and go pending in around 19 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
Kester Avenue Elementary School
Public • K-5
1037
Students
47 reviews
7/10
Chandler Elementary
Public • K-5
518
Students
31 reviews
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 Sherman Oaks housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Sherman Oaks.
Risk Factor
Flood Factor - Moderate
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sherman Oaks has a moderate risk of flooding. 1,364 properties in Sherman Oaks are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in Sherman Oaks. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sherman Oaks has a moderate risk of wildfire. There are 3,624 properties in Sherman Oaks that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in Sherman Oaks.
Sherman Oaks has minimal risk of severe winds over the next 30 years
Wind Factor
Sherman Oaks has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.