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.

What Sherman Oaks is like to live in

Sherman Oaks runs along Ventura Boulevard between the Santa Monica Mountains and the Valley floor, covering the 91403 and 91423 ZIP codes. Which side of Ventura a home sits on is the dividing line locals use: south of the boulevard climbs into the hills and carries the higher prices, north of it is flatter, more gridded and generally better value per square foot.

Outdoors and recreation

• Fryman Canyon and Franklin Canyon Park — hiking with Valley and, on clear days, ocean views
• Sherman Oaks Castle Park — recreation close to the Chandler Estates and Hidden Woods pockets
• Sherman Oaks Farmers Market — Tuesdays

Eating and drinking

• Petit Trois — French bistro from Ludo Lefebvre
• Anajak Thai — a local fixture for over 30 years
• Casa Vega — long-running Mexican institution
• Sugarfish — sushi
• Blu Jam Cafe and Sweet Butter Kitchen — the two busiest brunch rooms on the boulevard
• The Woodman (live music), The One Up (cocktails), Boneyard Bistro (barbecue and whiskey)

Shopping

• Westfield Fashion Square
• Sherman Oaks Galleria
• Ventura Boulevard — independent boutiques and vintage

Schools

Sherman Oaks is served by LAUSD. Frequently cited campuses include Sherman Oaks Elementary Charter School, Kester Avenue Elementary, Van Nuys Middle School and the Sherman Oaks Center for Enriched Studies (SOCES). Assignment varies by address — confirm the boundary for any specific property before relying on it.

Getting around

Typical drive times, traffic depending: Burbank 15–20 minutes, Hollywood 20–30, Santa Monica 30–40, Downtown LA 30–45. The 101 and 405 meet at the neighborhood’s western edge, which is both the convenience and the congestion.

What buyers ask about Sherman Oaks

Answered from current Sherman Oaks listing and sales data (CRMLS, September 2026).

How much do homes in Sherman Oaks cost?

The median list price across 91 tracked Sherman Oaks properties is $1,699,900. The median recorded sale price is $1,501,000, at a median $779 per square foot.

What do homes actually sell for versus asking?

Across 27 recorded sales, homes traded at a median of 100.3% of original asking price after a median 19 days on market. 48% closed above the original ask, and 19% of sellers reduced before selling. A buyer should expect competition and little room to negotiate downward.

How big are the lots?

The median lot measures 6,873 square feet and the median living area 2,321 square feet — placing Sherman Oaks 4th of the 16 Los Angeles sub-markets tracked here on land area.

When were the homes built?

Housing stock dates from 1925 to 2026, with a median year of 1949. The typical home is a single story.

Which pockets suit families?

Chandler Estates for larger lots and quiet streets, Hidden Woods for a more secluded setting, and the streets around Sherman Oaks Castle Park and Dixie Canyon Elementary for proximity to schools and recreation.

Is Sherman Oaks a buyer’s or a seller’s market?

A seller’s market on the current data: homes clearing asking price in 19 days with nearly half closing above ask. Negotiating room widens higher up the price ladder — across Los Angeles, homes above $5M sold at a median 91.3% of original ask after 54 days, against 99.3% in the $1M–$2M band.