West Hills, CA 91304 Real Estate Market Report

ZIP Code: 91304
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in West Hills is $999,000, reflecting a stable market condition with a flat year-over-year price trend. This suggests that while prices are not increasing, they are also not declining, indicating a potential equilibrium in buyer and seller expectations. The market appears to be experiencing moderate transaction volume, with 331 days as the median days on market, which may indicate slower sales velocity and a need for sellers to adjust their pricing strategies to align with buyer demand.

Despite the elevated interest rate pressure, the market is leaning towards a seller's advantage due to relatively constrained active supply. The median listing price stands at $1,078,999.50, which creates a notable gap compared to the median sold price, suggesting potential pricing friction as sellers may need to recalibrate expectations to facilitate transactions. Overall, the market conditions in West Hills reflect a cautious yet stable environment for both buyers and sellers.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. $999,000 is the median sold price, indicating a stable market with a flat year-over-year price trend.

2. The median listing price of $1,078,999.50 suggests pricing friction compared to the sold price, which may affect sales velocity.

3. With a median of 331 days on market, this indicates a slower sales velocity, potentially requiring sellers to adjust their pricing strategies.

4. The rental market shows a median market rent of $3,020, which has seen a down trend year-over-year, indicating a shift in rental demand.

5. Overall market temperature is neutral, suggesting balanced conditions despite elevated interest rate pressure.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.