Sylmar South, Los Angeles, CA—91343
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sylmar South, Los Angeles, CA
As of Oct '25, the median home price in Sylmar South, Los Angeles, CA is $866,000, with a year-over-year change of -2.0%. This indicates that home prices in Sylmar South, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $866,000 | -2.0% |
| Single Family | $894,000 | -3.0% |
| Condos | $498,000 | -4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $458,000 | 0.0% |
2 Bed | $476,000 | -4.4% |
3 Bed | $858,000 | -2.8% |
4 Bed | $929,000 | -2.7% |
| 5 Bed | $1,042,000 | -3.1% |
% of Housing Stock
Rental Trends — Sylmar South, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Sylmar South, Los Angeles, CA is $3,570, with a year-over-year rent change of 3.8%. Per bedroom, the median rent as of July '25 in Sylmar South, Los Angeles, CA is studios: $1,790, 1-bedrooms: $1,950, 2-bedrooms: $2,980, 3-bedrooms: $4,110, 4-bedrooms: $4,970. The most common rental property sizes in Sylmar South, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 34.7% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,570 |
| Studio Rent | $1,580 | $1,790 |
| 1 Bed Rent | $1,900 | $1,950 |
| 2 Bed Rent | $2,600 | $2,980 |
| 3 Bed Rent | $3,950 | $4,110 |
| 4 Bed Rent | $5,000 | $4,970 |
% of Rental Stock
Property Listings — Sylmar South, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sylmar South, Los Angeles, CA is 47. This is a increase of 13.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $878,000 | -5.0% |
Listing Count | 102 | 17.0% |
| Listings as % of Homes | 0.3% | 17.0% |
Days on Market | 47 | 13.0% |
Demographics — Sylmar South, Los Angeles, CA
As of the latest ACS Survey released in 2023, Sylmar South, Los Angeles, CA has a population of 61,600, which has decreased by -7.5% over the past 5 years. Sylmar South, Los Angeles, CA is a moderately popular place for families, as children make up 24.2% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 61,600 | -7.5% |
% Under 18 | 24.2% | -9.4% |
% Seniors | 12.9% | 26.5% |
% WFH | 10.8% | 227.3% |
% w/ College Degree | 26.4% | 1.9% |
As of the latest ACS Survey released in 2023, Sylmar South, Los Angeles, CA is a predominantly hispanic area, with 58.4% of the population identifying as hispanic. The hispanic population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Sylmar South, Los Angeles, CA is white, making up 20.4% of the population. Foreign-born residents account for 41.6% of the population in Sylmar South, Los Angeles, CA, and this percentage has increased by 1.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 20.4% | 8.5% |
% Black | 4.0% | 0.0% |
% Hispanic | 58.4% | -4.4% |
% Asian | 13.9% | -4.1% |
% Foreign Born | 41.6% | 1.7% |
Mortgage and Risk — Sylmar South, Los Angeles, CA
According to HUD data as of 2023, there were 439 mortgage originations in Sylmar South, Los Angeles, CA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Sylmar 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 | 439 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Sylmar South, Los Angeles, CA
As of 2024, the percent of homes in Sylmar South, Los Angeles, CA under the Section 8 program is 9.8%. 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. In Sylmar South, Los Angeles, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 981 |
Total Units Section 8 | 931 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 88.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $1,900 | $1,900 |
| 2 Bedroom | -$200 | $2,600 | $2,400 |
| 3 Bedroom | -$900 | $3,950 | $3,050 |
| 4 Bedroom | -$1,620 | $5,000 | $3,380 |
Affordability — Sylmar South, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.9 |
| Median Home Price | $866,000 |
| Median Household Income | $81,700 |