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Why Live in Sherman Oaks
Sherman Oaks, CA, located in the San Fernando Valley at the foot of the Santa Monica mountains, offers a suburban lifestyle with a slightly longer commute to downtown Los Angeles and the coast. The area is known for its affordability compared to nearby Studio City and Encino. Ventura Boulevard is the main thoroughfare, bustling with shopping, dining, and services, including Freakbeat Records, Mark's Garden, and the Sherman Oaks Antique Mall. Dining options are diverse, with Casa Vega being a notable spot for Mexican cuisine since 1956. Outdoor enthusiasts can enjoy the Dixie Canyon Park's mile-long trail and the Van Nuys Sherman Oaks Park Recreation Center, which features multiple sports fields and courts. The community is well-connected via the 101 and 405 freeways, with LA Metro bus and subway stops along Ventura Boulevard facilitating commutes. Housing styles range from single-level ranch-style homes to grand custom estates with panoramic valley views. Educational options include highly rated schools such as Sherman Oaks Elementary Charter, Van Nuys High, Notre Dame, and Harvard Westlake. The annual Sherman Oaks Street Fair in October celebrates local culture with food trucks, vendor booths, and live performances.
Home Trends in Sherman Oaks, CA
On average, homes in Sherman Oaks, CA sell after 52 days on the market compared to the national average of 70 days. The median sale price for homes in Sherman Oaks, CA over the last 12 months is $875,000, down 40% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$875,000
Median Single Family Sale Price
$2,475,000
Median Townhouse Sale Price
$810,000
Median 2 Bedroom Sale Price
$649,000
Average Price Per Sq Ft
$517
Number of Homes for Sale
6
Last 12 months Home Sales
62
Months of Supply
1.20
Median List Price
$850,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-40%
Sherman Oaks Types of Homes for Sale
Sherman Oaks Real Estate Listings
More About Living in Sherman Oaks
Homes in Nearby Neighborhoods
Homes in Nearby Cities
Homes in Nearby Counties
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