Van Nuys South, Los Angeles, CA—91423
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Van Nuys South, Los Angeles, CA
As of Oct '25, the median home price in Van Nuys South, Los Angeles, CA is $1,395,000, with a year-over-year change of 0.6%. This indicates that home prices in Van Nuys South, Los Angeles, CA are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,395,000 | 0.6% |
| Single Family | $1,634,000 | 0.1% |
| Condos | $656,000 | -5.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $500,000 | -5.1% |
2 Bed | $746,000 | -5.2% |
3 Bed | $1,471,000 | 0.4% |
4 Bed | $1,990,000 | -0.4% |
| 5 Bed | $2,974,000 | -2.1% |
% of Housing Stock
Rental Trends — Van Nuys South, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Van Nuys South, Los Angeles, CA is $3,760, with a year-over-year rent change of -10.0%. Per bedroom, the median rent as of July '25 in Van Nuys South, Los Angeles, CA is studios: $1,990, 1-bedrooms: $2,180, 2-bedrooms: $3,270, 3-bedrooms: $5,800, 4-bedrooms: $7,180. The most common rental property sizes in Van Nuys South, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 48.3% and 31.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $3,760 |
| Studio Rent | $1,880 | $1,990 |
| 1 Bed Rent | $2,100 | $2,180 |
| 2 Bed Rent | $3,040 | $3,270 |
| 3 Bed Rent | $5,000 | $5,800 |
| 4 Bed Rent | $6,250 | $7,180 |
% of Rental Stock
Property Listings — Van Nuys South, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Van Nuys South, Los Angeles, CA is 58. This is a increase of 28.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,760,000 | -14.0% |
Listing Count | 142 | 39.0% |
| Listings as % of Homes | 0.3% | 39.0% |
Days on Market | 58 | 28.0% |
Demographics — Van Nuys South, Los Angeles, CA
As of the latest ACS Survey released in 2023, Van Nuys South, Los Angeles, CA has a population of 32,500, which has decreased by -3.6% over the past 5 years. Van Nuys South, Los Angeles, CA is a moderately popular place for families, as children make up 15.2% of the population. The area has a highly educated workforce, with 62.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,500 | -3.6% |
% Under 18 | 15.2% | -6.2% |
% Seniors | 14.7% | 1.4% |
% WFH | 30.4% | 201.0% |
% w/ College Degree | 62.9% | 4.8% |
As of the latest ACS Survey released in 2023, Van Nuys South, Los Angeles, CA is a predominantly white area, with 67.3% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Van Nuys South, Los Angeles, CA is hispanic, making up 14.1% of the population. Foreign-born residents account for 20.4% of the population in Van Nuys South, Los Angeles, CA, and this percentage has decreased by 7.7% 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 | 67.3% | -1.9% |
% Black | 5.1% | -19.0% |
% Hispanic | 14.1% | 2.9% |
% Asian | 5.3% | -20.9% |
% Foreign Born | 20.4% | -7.7% |
Mortgage and Risk — Van Nuys South, Los Angeles, CA
According to HUD data as of 2023, there were 308 mortgage originations in Van Nuys South, Los Angeles, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Van Nuys 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 | 308 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Van Nuys South, Los Angeles, CA
As of 2024, the percent of homes in Van Nuys South, Los Angeles, CA under the Section 8 program is 0.8%. 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 Van Nuys 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 | 88 |
Total Units Section 8 | 88 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $450 | $2,100 | $2,550 |
| 2 Bedroom | $170 | $3,040 | $3,210 |
| 3 Bedroom | -$920 | $5,000 | $4,080 |
| 4 Bedroom | -$1,730 | $6,250 | $4,520 |
Affordability — Van Nuys South, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.9 |
| Median Home Price | $1,395,000 |
| Median Household Income | $112,000 |