West Hills, CA 91304 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. median sold price: $979,000 is the most reliable indicator of market value and recent transaction activity in West Hills; given the gap versus the median listing price: $1,060,000, this suggests sellers’ asking expectations remain above the representative recent sale and may create pricing friction that buyers can exploit in negotiations.
2. median days on market: 334 points to slower sales velocity relative to typical market cycles; combined with the neutral market temperature, this suggests a balanced market where transactions occur but buyers have some negotiating room rather than urgent competition.
3. The market shows a price year-over-year trend: down, while month-over-month signals in the background indicate modest appreciation — together these patterns imply near-term price stabilization rather than rapid growth, so sellers should set expectations around achieving prices close to recent sold levels rather than premium listing outcomes.
4. Macro factors matter: interest rate pressure: elevated (current local 30-year fixed ~6.5% versus a 6.0% Q1 2026 average) and a rent year-over-year trend: down both weigh on buyer purchasing power and investor demand, so prioritize pricing clarity and condition-based value-adds to maintain transaction momentum.

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.