Sylmar Housing Market Update: Prices Up, Sales Jump in February
Sylmar, CA – March 17, 2026 – Home prices rose year over year in February as sales increased and listings stayed active across this San Fernando Valley neighborhood, signaling s…
Sylmar’s housing market picked up momentum in February, with both home prices and closed sales rising compared with a year ago. Activity suggests buyers remain engaged even as homes take a bit longer to sell than they did during the market’s peak pace.
Top takeaways
- Median sale price reached $800K in February, up 4% year over year.
- 87 homes sold during the month, a sharp increase from last February.
- Homes averaged about 60 days on market.
- Median list price in early March hovered near $897K.
Market snapshot
Recent data shows the median sale price in February 2026 at $800,000, reflecting a 4% gain compared with February 2025. The median price per square foot also moved higher year over year, reinforcing the trend of modest but steady appreciation.
Sales activity was notably stronger. A total of 87 homes closed in February, well above last year’s level, indicating renewed buyer participation. At the same time, properties are taking slightly longer to move, averaging around 60 days on market. That shift suggests a more balanced environment where buyers may have additional time to evaluate options.
Separate tracking places the median list price in early March near $897,000. Sellers appear confident in pricing, even as affordability considerations and mortgage rate pressures remain part of the broader market conversation.
What’s for sale
Current inventory spans a range of property types and price points. Buyers can find traditional single-family homes and townhomes, along with larger land parcels marketed for potential residential development. Offerings include entry-level condos as well as multi-acre lots, creating options for both first-time purchasers and those seeking expansion or investment opportunities.
On the rental side, average monthly rents are around $1,736, while broader estimates for larger units trend higher. That steady rental demand reflects continued interest in the northeast San Fernando Valley.
Overall, the local market appears somewhat competitive but not overheated. Rising sales paired with moderate price growth point to conditions that are active yet more measured than the rapid swings seen in prior years.