Panorama City South, Los Angeles, CA—91401
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Panorama City South, Los Angeles, CA
As of Oct '25, the median home price in Panorama City South, Los Angeles, CA is $1,077,000, with a year-over-year change of -1.9%. This indicates that home prices in Panorama City South, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,077,000 | -1.9% |
| Single Family | $1,129,000 | -2.2% |
| Condos | $607,000 | -5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $788,000 | -2.2% |
3 Bed | $1,080,000 | -2.0% |
4 Bed | $1,318,000 | -1.6% |
| 5 Bed | $1,722,000 | -2.6% |
% of Housing Stock
Rental Trends — Panorama City South, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Panorama City South, Los Angeles, CA is $3,410, with a year-over-year rent change of -11.2%. Per bedroom, the median rent as of July '25 in Panorama City South, Los Angeles, CA is studios: $1,740, 1-bedrooms: $2,020, 2-bedrooms: $2,780, 3-bedrooms: $4,440, 4-bedrooms: $5,810. The most common rental property sizes in Panorama City South, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 39.6% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,840 | $3,410 |
| Studio Rent | $1,600 | $1,740 |
| 1 Bed Rent | $2,000 | $2,020 |
| 2 Bed Rent | $2,700 | $2,780 |
| 3 Bed Rent | $4,000 | $4,440 |
| 4 Bed Rent | $5,900 | $5,810 |
% of Rental Stock
Property Listings — Panorama City South, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Panorama City South, Los Angeles, CA is 41. This is a decrease of -7.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,370,000 | 12.0% |
Listing Count | 75 | 6.0% |
| Listings as % of Homes | 0.3% | 6.0% |
Days on Market | 41 | -7.0% |
Demographics — Panorama City South, Los Angeles, CA
As of the latest ACS Survey released in 2023, Panorama City South, Los Angeles, CA has a population of 39,000, which has decreased by -5.8% over the past 5 years. Panorama City South, Los Angeles, CA is a moderately popular place for families, as children make up 19.7% of the population. The area has a moderately educated workforce, with 38.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,000 | -5.8% |
% Under 18 | 19.7% | -7.5% |
% Seniors | 13.6% | 24.8% |
% WFH | 17.0% | 139.4% |
% w/ College Degree | 38.8% | 15.8% |
As of the latest ACS Survey released in 2023, Panorama City South, Los Angeles, CA is a predominantly hispanic area, with 44.5% of the population identifying as hispanic. The hispanic population has grown by 6.2% in the last 5 years. The second most common race or ethnicity in Panorama City South, Los Angeles, CA is white, making up 40.9% of the population. Foreign-born residents account for 38.6% of the population in Panorama City South, Los Angeles, CA, and this percentage has decreased by 2.0% 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 | 40.9% | -9.1% |
% Black | 5.1% | 2.0% |
% Hispanic | 44.5% | 6.2% |
% Asian | 4.9% | -10.9% |
% Foreign Born | 38.6% | -2.0% |
Mortgage and Risk — Panorama City South, Los Angeles, CA
According to HUD data as of 2023, there were 272 mortgage originations in Panorama City South, Los Angeles, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Panorama City South, Los Angeles, CA. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 272 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Panorama City South, Los Angeles, CA
As of 2024, the percent of homes in Panorama City South, Los Angeles, CA under the Section 8 program is 7.9%. 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 units appear to be good home sizes to consider for Section 8 housing in Panorama City South, Los Angeles, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 757 |
Total Units Section 8 | 731 |
% Rentals under Section 8 | 7.9% |
% Occupied Section 8 | 84.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $2,000 | $2,050 |
| 2 Bedroom | -$120 | $2,700 | $2,580 |
| 3 Bedroom | -$720 | $4,000 | $3,280 |
| 4 Bedroom | -$2,270 | $5,900 | $3,630 |
Affordability — Panorama City South, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 14.1 |
| Median Home Price | $1,077,000 |
| Median Household Income | $75,900 |