Northridge, Los Angeles, CA—91307
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northridge, Los Angeles, CA
As of Oct '25, the median home price in Northridge, Los Angeles, CA is $985,000, with a year-over-year change of -3.1%. This indicates that home prices in Northridge, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $985,000 | -3.2% |
| Single Family | $994,000 | -3.6% |
| Condos | $635,000 | -2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $626,000 | -3.8% |
3 Bed | $917,000 | -3.8% |
4 Bed | $1,021,000 | -3.2% |
| 5 Bed | $1,517,000 | -1.6% |
% of Housing Stock
Rental Trends — Northridge, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Northridge, Los Angeles, CA is $4,650, with a year-over-year rent change of 13.1%. Per bedroom, the median rent as of July '25 in Northridge, Los Angeles, CA is studios: $1,850, 1-bedrooms: $2,190, 2-bedrooms: $3,400, 3-bedrooms: $4,880, 4-bedrooms: $5,820. The most common rental property sizes in Northridge, Los Angeles, CA are 3-bedroom and 4-bedroom, accounting for 44.0% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,400 | $4,650 |
| Studio Rent | $1,800 | $1,850 |
| 1 Bed Rent | $2,100 | $2,190 |
| 2 Bed Rent | $3,000 | $3,400 |
| 3 Bed Rent | $4,300 | $4,880 |
| 4 Bed Rent | $5,500 | $5,820 |
% of Rental Stock
Property Listings — Northridge, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Northridge, Los Angeles, CA is 51. This is a increase of 18.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,290,000 | 0.0% |
Listing Count | 87 | -4.0% |
| Listings as % of Homes | 0.6% | -4.0% |
Days on Market | 51 | 18.0% |
Demographics — Northridge, Los Angeles, CA
As of the latest ACS Survey released in 2023, Northridge, Los Angeles, CA has a population of 25,800, which has decreased by -2.9% over the past 5 years. Northridge, Los Angeles, CA is a moderately popular place for families, as children make up 21.8% of the population. The area has a highly educated workforce, with 51.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,800 | -2.9% |
% Under 18 | 21.8% | 4.8% |
% Seniors | 18.2% | 3.4% |
% WFH | 24.7% | 154.6% |
% w/ College Degree | 51.0% | 2.8% |
As of the latest ACS Survey released in 2023, Northridge, Los Angeles, CA is a predominantly white area, with 59.0% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Northridge, Los Angeles, CA is asian, making up 15.6% of the population. Foreign-born residents account for 28.7% of the population in Northridge, Los Angeles, CA, and this percentage has increased by 3.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 59.0% | -2.5% |
% Black | 4.4% | 7.3% |
% Hispanic | 15.3% | 7.0% |
% Asian | 15.6% | -10.9% |
% Foreign Born | 28.7% | 3.2% |
Mortgage and Risk — Northridge, Los Angeles, CA
According to HUD data as of 2023, there were 313 mortgage originations in Northridge, Los Angeles, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Northridge, Los Angeles, CA. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 313 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Northridge, Los Angeles, CA
As of 2024, the percent of homes in Northridge, Los Angeles, CA under the Section 8 program is 1.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Northridge, Los Angeles, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 44 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,030 | $2,100 | $3,130 |
| 2 Bedroom | $930 | $3,000 | $3,930 |
| 3 Bedroom | $720 | $4,300 | $5,020 |
| 4 Bedroom | $90 | $5,500 | $5,590 |
Affordability — Northridge, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $985,000 |
| Median Household Income | $136,000 |