Panorama City, Los Angeles, CA—91604
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Panorama City, Los Angeles, CA
As of Oct '25, the median home price in Panorama City, Los Angeles, CA is $1,659,000, with a year-over-year change of -1.7%. This indicates that home prices in Panorama City, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,659,000 | -1.7% |
| Single Family | $1,955,000 | -2.5% |
| Condos | $796,000 | -4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $589,000 | -5.6% |
2 Bed | $884,000 | -4.5% |
3 Bed | $1,660,000 | -1.7% |
4 Bed | $2,385,000 | -2.6% |
| 5 Bed | $3,215,000 | -3.2% |
% of Housing Stock
Rental Trends — Panorama City, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Panorama City, Los Angeles, CA is $4,320, with a year-over-year rent change of -12.2%. Per bedroom, the median rent as of July '25 in Panorama City, Los Angeles, CA is studios: $1,810, 1-bedrooms: $2,390, 2-bedrooms: $3,850, 3-bedrooms: $6,520, 4-bedrooms: $8,530. The most common rental property sizes in Panorama City, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 50.6% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,650 | $4,320 |
| Studio Rent | $1,900 | $1,810 |
| 1 Bed Rent | $2,300 | $2,390 |
| 2 Bed Rent | $3,650 | $3,850 |
| 3 Bed Rent | $6,000 | $6,520 |
| 4 Bed Rent | $9,000 | $8,530 |
% of Rental Stock
Property Listings — Panorama City, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Panorama City, Los Angeles, CA is 45. This is a increase of 19.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,590,000 | 3.0% |
Listing Count | 154 | 12.0% |
| Listings as % of Homes | 0.4% | 12.0% |
Days on Market | 45 | 19.0% |
Demographics — Panorama City, Los Angeles, CA
As of the latest ACS Survey released in 2023, Panorama City, Los Angeles, CA has a population of 32,100, which has remained stable by 0.0% over the past 5 years. Panorama City, Los Angeles, CA is a moderately popular place for families, as children make up 16.7% of the population. The area has a highly educated workforce, with 64.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,100 | 0.0% |
% Under 18 | 16.7% | -4.0% |
% Seniors | 16.3% | 12.4% |
% WFH | 30.3% | 144.4% |
% w/ College Degree | 64.7% | -1.5% |
As of the latest ACS Survey released in 2023, Panorama City, Los Angeles, CA is a predominantly white area, with 68.3% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Panorama City, Los Angeles, CA is hispanic, making up 10.7% of the population. Foreign-born residents account for 17.8% of the population in Panorama City, Los Angeles, CA, and this percentage has decreased by 2.2% 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 | 68.3% | -6.9% |
% Black | 4.9% | 6.5% |
% Hispanic | 10.7% | 12.6% |
% Asian | 8.6% | 6.2% |
% Foreign Born | 17.8% | -2.2% |
Mortgage and Risk — Panorama City, Los Angeles, CA
According to HUD data as of 2023, there were 372 mortgage originations in Panorama City, Los Angeles, CA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Panorama City, Los Angeles, CA. Investor activity is low, as 3.0% 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 | 372 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Panorama City, Los Angeles, CA
As of 2024, the percent of homes in Panorama City, Los Angeles, CA under the Section 8 program is 0.3%. 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 units appear to be good home sizes to consider for Section 8 housing in Panorama City, 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 | 28 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $2,300 | $2,740 |
| 2 Bedroom | -$200 | $3,650 | $3,450 |
| 3 Bedroom | -$1,620 | $6,000 | $4,380 |
| 4 Bedroom | -$4,140 | $9,000 | $4,860 |
Affordability — Panorama City, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.5 |
| Median Home Price | $1,659,000 |
| Median Household Income | $141,000 |