Sherman Oaks Homes for Sale

Homes for Sale in Sherman Oaks

Homes for Sale in Sherman Oaks carry a median list price of $1,699,900 across 91 tracked properties (CRMLS, September 2026). The median lot measures 6,873 sq ft, placing Sherman Oaks 4th of 16 Los Angeles sub-markets on land area. Listings sit longer than the surrounding cohort, a median of 42 days on market against 33 across Los Angeles, so there is more room to negotiate than the price tier suggests.

How much do homes in Sherman Oaks actually sell for?

Sherman Oaks is one of the strongest sellers’ markets in Los Angeles. Across 27 recorded sales, homes traded at a median of 100.3% of their original asking price after a median 19 days on market (CRMLS, September 2026). Asking prices are what sellers hope for; these are the numbers they accepted.

• Homes in Sherman Oaks sold for a median of 100.3% of their original asking price across 27 recorded sales.
• Median time on market in Sherman Oaks: 19 days.
• 19% of Sherman Oaks sellers reduced their price before selling.
• 48% of sales in Sherman Oaks closed above the original asking price.
• Median recorded sale price in Sherman Oaks: $1,501,000.
• Median recorded price per square foot in Sherman Oaks: $779.
• A buyer in Sherman Oaks should expect competition and little room to negotiate downward.

Where price resistance shows up in Los Angeles

Negotiating room is not evenly distributed across price. Measured across recorded sales in this dataset, the gap between asking and accepted widens sharply at the top of the market.

• Under $1M: sold at a median 98.7% of original ask after 20 days, with 33% of sellers reducing (1316 sales).
• $1M-$2M: sold at a median 99.3% of original ask after 19 days, with 28% of sellers reducing (1571 sales).
• $2M-$5M: sold at a median 98.9% of original ask after 22 days, with 20% of sellers reducing (752 sales).
• $5M and above: sold at a median 91.3% of original ask after 54 days, with 24% of sellers reducing (174 sales).

What is the Sherman Oaks market like right now?

Sherman Oaks is tracked as a distinct sub-market of Los Angeles, and its figures diverge from the parent average. The measurements below come from CRMLS listing data as of September 2026.

• Median list price across 91 tracked Sherman Oaks properties: $1,699,900.
• Median lot size in Sherman Oaks: 6,873 sq ft.
• Median living area in Sherman Oaks: 2,321 sq ft.
• Median days on market in Sherman Oaks: 42.
• Housing stock in Sherman Oaks was built between 1925 and 2026, with a median year of 1949.
• Typical Sherman Oaks home height: 1 story.

How does Sherman Oaks compare with nearby Los Angeles neighborhoods?

Median lot size separates Los Angeles sub-markets more sharply than price does. Sherman Oaks ranks 4th of the 16 comparable sub-markets tracked here.

• Woodland Hills: median lot 11,136 sq ft, median list price $1,600,000.
• Porter Ranch: median lot 10,839 sq ft, median list price $1,279,475.
• Pasadena: median lot 8,370 sq ft, median list price $1,398,000.
• Sherman Oaks: median lot 6,873 sq ft, median list price $1,699,900.
• North Hollywood: median lot 6,822 sq ft, median list price $1,044,000.
• Burbank: median lot 6,752 sq ft, median list price $1,399,993.
• Studio City: median lot 6,751 sq ft, median list price $2,299,000.
• East los Angeles: median lot 6,750 sq ft.