ZIP 91401 Housing Market & Real Estate Update (Van Nuys area)
91401 – February 21, 2026 – Local snapshot: Redfin median sale $1.206M (Jan) and ~51 days to sell; Zillow avg rent about $2,310, with inventory tight.
ZIP 91401 (Van Nuys / nearby Sherman Oaks and Valley Glen pockets) continues to look like a tight-inventory, price-resilient market heading into late winter. The newest ZIP-level readings available from major portals point to homes still moving (often with competition), but not at the breakneck pace of the peak years.
Top takeaways
- Prices are holding firm: Redfin’s latest month shows a median sale price around $1.206M (Jan 2026), up year over year.
- Time-to-sell remains moderate: typical marketing time is roughly 51 days, and sale-to-list is near 99%.
- Inventory is still constrained: Zillow shows fewer than 60 homes for sale as of Jan 31, 2026, with a modest flow of new listings.
- Rents look steadier than for-sale pricing: Zillow’s rent index for the ZIP is about $2,310.
Market snapshot (latest available)
Sales prices: Redfin reports a median sale price of $1,206,000 for January 2026, with median price per square foot around $643. Keep in mind that portal metrics vary (median sales vs. value indices), so direction matters as much as the exact number.
Competition: Redfin characterizes 91401 as ‘very competitive’ with multiple offers common and an average sale-to-list ratio around 99.4%. That suggests buyers can still negotiate, but well-priced homes tend to get attention.
Inventory/new listings: Zillow’s ZIP dashboard shows 59 homes for sale and 13 new listings as of January 31, 2026. In a ZIP like 91401, small swings in weekly inventory can noticeably change the feel of the market, especially for single-family homes.
Rentals check-in
Zillow’s rent trend for 91401 shows an average rent around $2,310 (data through Jan 31, 2026). For renters, that’s a reminder to track concessions and move-in specials, not just asking rent, because landlord flexibility can vary widely by building and unit type.
What’s for sale nearby (quick look)
Active listings pages for 91401 show a familiar spread: entry-level condos in the mid-$500Ks to $800Ks, and updated single-family homes commonly priced from roughly the low-$1Ms into the $2M+ range depending on finishes, lot size, and school/neighboring-area boundaries. If you’re touring this weekend, it can help to compare (1) original list price vs. current price, and (2) days on market, to spot where sellers may be ready to deal.
ServiceXTC local-pro corner
Directory note: no verified ServiceXTC provider pages tagged to ZIP 91401 were returned in today’s automated directory lookup. Common move/transaction needs to line up early include: home inspection, roof repair, HVAC service, plumbing, and electrical work.
Sources
Redfin 91401 housing market; Zillow 91401 home values and inventory; Realtor.com 91401 overview; Redfin homes for sale; Realtor.com homes for sale.
What are you seeing right now in 91401: more price cuts, more bidding wars, or just fewer homes worth making an offer on?