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Market · Neighborhood report

Sherman Oaks housing market

The median sale price in Sherman Oaks held at $1,460,000 in the six months to October 2026. About one in four sold above asking, after a median 22 days on the market. About 4.4 months of supply.

May to October 2026 · updated November 2, 2026

Sherman Oaks: the six months in numbers

Closed home sales May to October 2026, and the homes for sale on November 2, 2026. Totals and medians only, never a single address.

$1,460,000Median sale price
$741Median price per sq ft
365Closed sales
22 daysMedian days on market
268Homes for sale now
4.4 monthsMonths of supply

Against the last asking price

  • 102 above asking (about one in four)
  • 41 at asking (about one in ten)
  • 222 below asking (about three in five)

What is happening in Sherman Oaks

365 homes closed in Sherman Oaks in Los Angeles between May and October 2026. The median sale price was $1,460,000, or $741 a square foot. The typical home spent 22 days on the market: half sold faster than that, half slower.

About three in five sold below the last asking price (222 of 365). 41 sold right at asking and 102 above it. Most buyers negotiated something off the number, so an asking price here is an opening position, not a verdict.

The median price was about level with the $1,475,000 of a year earlier (May to October 2025). There were 26 fewer sales than the 391 of that period. Homes sold 3 days faster at the median (25 days then).

268 homes were listed for sale in Sherman Oaks on November 2, 2026. At the pace homes sold over the last six months, that is about 4.4 months of supply, inside the four to six month range usually read as balanced.

Months of supply is the number of homes for sale divided by the number that sold in a typical month. Four to six months is the range usually read as balanced.

Against a year earlier

May to October 2026 against the same six months a year before (May to October 2025), so the season is the same on both sides.

MeasureMay to October 2026May to October 2025Change
Closed sales36539126 fewer
Median sale price$1,460,000$1,475,000Down $15,000
Median price per sq ft$741$740Up $1
Median days on market22 days25 days3 days faster
Sold above asking1021086 fewer
Sold below asking22223513 fewer

Residential sales that closed May to October 2026, compared with May to October 2025; homes for sale as of November 2, 2026. A sale counts toward Sherman Oaks when the home sits inside the Sherman Oaks community boundary (Los Angeles County GIS, Countywide Statistical Areas), which may not match exactly what locals call Sherman Oaks. Areas with fewer than 8 closed sales in the six months get no report, and a year-earlier comparison shows only when that period also reached 8.

Based on information from California Regional Multiple Listing Service, Inc. as of November 2, 2026 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.