Northridge West, Los Angeles, CA—91367
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northridge West, Los Angeles, CA
As of Oct '25, the median home price in Northridge West, Los Angeles, CA is $1,100,000, with a year-over-year change of -1.8%. This indicates that home prices in Northridge West, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,100,000 | -1.8% |
| Single Family | $1,255,000 | -2.1% |
| Condos | $523,000 | -8.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $392,000 | -10.7% |
2 Bed | $573,000 | -6.7% |
3 Bed | $1,065,000 | -2.7% |
4 Bed | $1,365,000 | -1.9% |
| 5 Bed | $1,695,000 | -3.3% |
% of Housing Stock
Rental Trends — Northridge West, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Northridge West, Los Angeles, CA is $4,050, with a year-over-year rent change of -9.4%. Per bedroom, the median rent as of July '25 in Northridge West, Los Angeles, CA is studios: $1,980, 1-bedrooms: $2,390, 2-bedrooms: $3,240, 3-bedrooms: $4,860, 4-bedrooms: $6,970. The most common rental property sizes in Northridge West, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 41.3% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $4,050 |
| Studio Rent | $1,900 | $1,980 |
| 1 Bed Rent | $2,410 | $2,390 |
| 2 Bed Rent | $3,000 | $3,240 |
| 3 Bed Rent | $4,600 | $4,860 |
| 4 Bed Rent | $6,700 | $6,970 |
% of Rental Stock
Property Listings — Northridge West, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Northridge West, Los Angeles, CA is 45. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,350,000 | 6.0% |
Listing Count | 168 | 13.0% |
| Listings as % of Homes | 0.4% | 13.0% |
Days on Market | 45 | -5.0% |
Demographics — Northridge West, Los Angeles, CA
As of the latest ACS Survey released in 2023, Northridge West, Los Angeles, CA has a population of 45,400, which has remained stable by 0.3% over the past 5 years. Northridge West, Los Angeles, CA is a moderately popular place for families, as children make up 18.6% of the population. The area has a highly educated workforce, with 57.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,400 | 0.3% |
% Under 18 | 18.6% | 5.1% |
% Seniors | 17.7% | 6.6% |
% WFH | 24.3% | 200.0% |
% w/ College Degree | 57.9% | 9.5% |
As of the latest ACS Survey released in 2023, Northridge West, Los Angeles, CA is a predominantly white area, with 56.5% of the population identifying as white. The white population has shrunk by 14.0% in the last 5 years. The second most common race or ethnicity in Northridge West, Los Angeles, CA is asian, making up 14.8% of the population. Foreign-born residents account for 29.9% of the population in Northridge West, Los Angeles, CA, and this percentage has decreased by 12.6% 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 | 56.5% | -14.0% |
% Black | 7.9% | 64.6% |
% Hispanic | 14.3% | 24.3% |
% Asian | 14.8% | 10.4% |
% Foreign Born | 29.9% | -12.6% |
Mortgage and Risk — Northridge West, Los Angeles, CA
According to HUD data as of 2023, there were 419 mortgage originations in Northridge West, Los Angeles, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Northridge West, Los Angeles, CA. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 419 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Northridge West, Los Angeles, CA
As of 2024, the percent of homes in Northridge West, Los Angeles, CA under the Section 8 program is 4.2%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Northridge West, Los Angeles, CA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 485 |
Total Units Section 8 | 480 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 92.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $650 | $2,410 | $3,060 |
| 2 Bedroom | $860 | $3,000 | $3,860 |
| 3 Bedroom | $300 | $4,600 | $4,900 |
| 4 Bedroom | -$1,260 | $6,700 | $5,440 |
Affordability — Northridge West, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.3 |
| Median Home Price | $1,100,000 |
| Median Household Income | $110,000 |