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Encino Lake Balboa Sepulveda Basin Van Nuys West Van Nuys (Lake Balboa)

VAN NUYS, CA 91406

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 91406

Encino · Lake Balboa · Sepulveda Basin · Van Nuys · West Van Nuys (Lake Balboa)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The VAN NUYS, CA real estate market (91406) currently shows 96 active listings, with 33 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55 days on market compared to 41 days last year.

The median listing price has risen 2.5% year-over-year, from $884,250 to $906,056.

Whether you are buying or selling in VAN NUYS, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 53,276  ·  Density: 2,552.5/mi²  ·  Median household income: $71,819

Typical home value: $703,164  ·  Homeownership: 39.2%

Market Overview

Active Listings
96
⇧ 41.2% vs 68 last year
Pending
33
34% pending ratio
Median Price
$906,056
⇧ 2.5% vs $884,250 last year
Average Price
$902,708
⇩ 1.9% vs $920,229 last year
Days on Market
55
⇧ 34.1% vs 41 days last year

Price Per Square Foot

Median $/sqft
$535
⇩ 9.2% vs $589/sqft last year
Median Home Size
1,504 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 96 this year vs 68 last year
  • Days on market: 55 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $906,056 (+2.5% YoY)
  • Average: $902,708 (-1.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.8 miles — 1,082 listings ($3,282,977,084 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
91406Van Nuys, CA 914060.0 mi90$80,526,510$899,000$894,739
91405Van Nuys, CA 914052.4 mi56$49,109,760$763,998$876,960
91335Reseda, CA 913352.9 mi99$82,547,190$799,950$833,810
91316Encino, CA 913163.1 mi141$298,927,896$799,000$2,120,056
91436Encino, CA 914363.2 mi86$393,563,778$3,599,000$4,576,323
91403Sherman Oaks, CA 914033.8 mi80$148,574,000$1,695,000$1,857,175
91324Northridge, CA 913244.4 mi41$42,764,312$954,950$1,043,032
91306Winnetka, CA 913065.0 mi75$65,790,000$897,000$877,200
91605North Hollywood, CA 916055.1 mi57$49,579,569$889,498$869,817
91331Pacoima, CA 913315.7 mi103$80,839,344$739,450$784,848
91303Canoga Park, CA 913036.4 mi26$16,075,072$509,999$618,272
90077Los Angeles, CA 900776.7 mi105$1,617,776,580$7,947,000$15,407,396
91604Studio City, CA 916046.8 mi123$356,903,073$2,398,000$2,901,651

Frequently Asked Questions

How many homes are for sale in VAN NUYS, CA 91406?

As of February 2026, there are 96 active listings in VAN NUYS, CA (zip code 91406), compared to 68 the prior year.

What is the median home price in VAN NUYS, CA 91406?

The median listing price in VAN NUYS, CA 91406 is $906,056 as of February 2026, a 2.5% increase from $884,250 the prior year.

How long do homes stay on the market in VAN NUYS, CA?

Homes in VAN NUYS, CA 91406 spend an average of 55 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in VAN NUYS, CA 91406?

Based on current inventory and days-on-market data as of February 2026, VAN NUYS, CA 91406 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 41 days last year.

How much can I save on real estate commission in VAN NUYS, CA?

With SELL123.com's maximum 3% commission, sellers in VAN NUYS, CA 91406 save an estimated $18,121 compared to a typical 5% commission on the median listing price of $906,056. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.