Granada Hills South, Los Angeles, CA—91364
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Granada Hills South, Los Angeles, CA
As of Oct '25, the median home price in Granada Hills South, Los Angeles, CA is $1,287,000, with a year-over-year change of -2.1%. This indicates that home prices in Granada Hills South, 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 | $1,287,000 | -2.1% |
| Single Family | $1,298,000 | -2.8% |
| Condos | $560,000 | -6.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $624,000 | -2.2% |
2 Bed | $871,000 | -2.2% |
3 Bed | $1,144,000 | -2.7% |
4 Bed | $1,460,000 | -2.9% |
| 5 Bed | $1,886,000 | -3.3% |
% of Housing Stock
Rental Trends — Granada Hills South, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Granada Hills South, Los Angeles, CA is $5,550, with a year-over-year rent change of 18.1%. Per bedroom, the median rent as of July '25 in Granada Hills South, Los Angeles, CA is studios: $1,930, 1-bedrooms: $2,230, 2-bedrooms: $4,000, 3-bedrooms: $5,950, 4-bedrooms: $6,810. The most common rental property sizes in Granada Hills South, Los Angeles, CA are 2-bedroom and 3-bedroom, accounting for 39.8% and 21.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,500 | $5,550 |
| Studio Rent | $1,950 | $1,930 |
| 1 Bed Rent | $2,200 | $2,230 |
| 2 Bed Rent | $3,900 | $4,000 |
| 3 Bed Rent | $5,650 | $5,950 |
| 4 Bed Rent | $6,850 | $6,810 |
% of Rental Stock
Property Listings — Granada Hills South, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Granada Hills South, Los Angeles, CA is 45. This is a increase of 23.0% 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 | $1,570,000 | -5.0% |
Listing Count | 153 | 35.0% |
| Listings as % of Homes | 0.5% | 35.0% |
Days on Market | 45 | 23.0% |
Demographics — Granada Hills South, Los Angeles, CA
As of the latest ACS Survey released in 2023, Granada Hills South, Los Angeles, CA has a population of 28,700, which has increased by 4.8% over the past 5 years. Granada Hills South, Los Angeles, CA is a moderately popular place for families, as children make up 23.6% of the population. The area has a highly educated workforce, with 55.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,700 | 4.8% |
% Under 18 | 23.6% | 18.0% |
% Seniors | 18.1% | -4.7% |
% WFH | 27.7% | 125.2% |
% w/ College Degree | 55.1% | 3.8% |
As of the latest ACS Survey released in 2023, Granada Hills South, Los Angeles, CA is a predominantly white area, with 63.2% of the population identifying as white. The white population has shrunk by 10.5% in the last 5 years. The second most common race or ethnicity in Granada Hills South, Los Angeles, CA is hispanic, making up 13.6% of the population. Foreign-born residents account for 25.9% of the population in Granada Hills South, Los Angeles, CA, and this percentage has decreased by 2.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.2% | -10.5% |
% Black | 5.0% | -27.5% |
% Hispanic | 13.6% | 7.9% |
% Asian | 10.1% | 60.3% |
% Foreign Born | 25.9% | -2.3% |
Mortgage and Risk — Granada Hills South, Los Angeles, CA
According to HUD data as of 2023, there were 406 mortgage originations in Granada Hills South, Los Angeles, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Granada Hills South, Los Angeles, CA. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 406 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Granada Hills South, Los Angeles, CA
As of 2024, the percent of homes in Granada Hills South, 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Granada Hills South, Los Angeles, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 54 |
Total Units Section 8 | 54 |
% 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 | $920 | $2,200 | $3,120 |
| 2 Bedroom | $40 | $3,900 | $3,940 |
| 3 Bedroom | -$640 | $5,650 | $5,010 |
| 4 Bedroom | -$1,300 | $6,850 | $5,550 |
Affordability — Granada Hills South, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.1 |
| Median Home Price | $1,287,000 |
| Median Household Income | $135,000 |