North Hills Northwest, Los Angeles, CA—91344
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Hills Northwest, Los Angeles, CA
As of Oct '25, the median home price in North Hills Northwest, Los Angeles, CA is $973,000, with a year-over-year change of -1.6%. This indicates that home prices in North Hills Northwest, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $973,000 | -1.6% |
| Single Family | $983,000 | -2.1% |
| Condos | $555,000 | -3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $670,000 | -4.0% |
3 Bed | $912,000 | -2.4% |
4 Bed | $1,041,000 | -2.0% |
| 5 Bed | $1,291,000 | -2.3% |
% of Housing Stock
Rental Trends — North Hills Northwest, Los Angeles, CA
As of July '25, Rentcast reports the average rent in North Hills Northwest, Los Angeles, CA is $3,840, with a year-over-year rent change of -3.5%. Per bedroom, the median rent as of July '25 in North Hills Northwest, Los Angeles, CA is studios: $1,720, 1-bedrooms: $2,070, 2-bedrooms: $3,170, 3-bedrooms: $4,170, 4-bedrooms: $5,430. The most common rental property sizes in North Hills Northwest, Los Angeles, CA are 3-bedroom and 2-bedroom, accounting for 32.9% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,900 | $3,840 |
| Studio Rent | $1,700 | $1,720 |
| 1 Bed Rent | $2,000 | $2,070 |
| 2 Bed Rent | $3,000 | $3,170 |
| 3 Bed Rent | $4,000 | $4,170 |
| 4 Bed Rent | $5,000 | $5,430 |
% of Rental Stock
Property Listings — North Hills Northwest, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in North Hills Northwest, Los Angeles, CA is 66. This is a increase of 55.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,200,000 | 2.0% |
Listing Count | 119 | 19.0% |
| Listings as % of Homes | 0.5% | 19.0% |
Days on Market | 66 | 55.0% |
Demographics — North Hills Northwest, Los Angeles, CA
As of the latest ACS Survey released in 2023, North Hills Northwest, Los Angeles, CA has a population of 53,200, which has remained stable by -0.0% over the past 5 years. North Hills Northwest, Los Angeles, CA is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 37.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,200 | 0.0% |
% Under 18 | 20.0% | 2.0% |
% Seniors | 19.1% | 10.4% |
% WFH | 18.5% | 172.1% |
% w/ College Degree | 37.4% | -4.1% |
As of the latest ACS Survey released in 2023, North Hills Northwest, Los Angeles, CA is a predominantly white area, with 43.4% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in North Hills Northwest, Los Angeles, CA is hispanic, making up 31.0% of the population. Foreign-born residents account for 38.2% of the population in North Hills Northwest, Los Angeles, CA, and this percentage has increased by 8.8% 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 | 43.4% | -5.2% |
% Black | 2.8% | -39.1% |
% Hispanic | 31.0% | 1.3% |
% Asian | 18.2% | 9.0% |
% Foreign Born | 38.2% | 8.8% |
Mortgage and Risk — North Hills Northwest, Los Angeles, CA
According to HUD data as of 2023, there were 431 mortgage originations in North Hills Northwest, Los Angeles, CA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in North Hills Northwest, Los Angeles, CA. Investor activity is low, as 5.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 431 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — North Hills Northwest, Los Angeles, CA
As of 2024, the percent of homes in North Hills Northwest, Los Angeles, CA under the Section 8 program is 3.3%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in North Hills Northwest, Los Angeles, CA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 358 |
Total Units Section 8 | 179 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 85.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $510 | $2,000 | $2,510 |
| 2 Bedroom | $170 | $3,000 | $3,170 |
| 3 Bedroom | $30 | $4,000 | $4,030 |
| 4 Bedroom | -$530 | $5,000 | $4,470 |
Affordability — North Hills Northwest, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.7 |
| Median Home Price | $973,000 |
| Median Household Income | $117,000 |