North Hollywood West, Los Angeles, CA91605

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$842,000
0.9% YoY Growth
Median Household Income
$64,500
37.3% 5-Year Growth
Days on Market
64
54.0% Longer than last year
Home Price Forecast
0.4%
Median Rent
$2,900
2.3% YoY Growth
1-Bed Rent
$1,900
3.2% YoY Growth
2-Bed Rent
$2,640
3.1% YoY Growth
3-Bed Rent
$3,800
3.1% YoY Growth

Property Listings — North Hollywood West, Los Angeles, CA

As of Oct '25, Realtor.com reports that the median days on market for a home in North Hollywood West, Los Angeles, CA is 64. This is a increase of 54.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$968,000-5.0%
Listing Count
6229.0%
Listings as % of Homes0.2%29.0%
Days on Market
6454.0%
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Demographics — North Hollywood West, Los Angeles, CA

As of the latest ACS Survey released in 2023, North Hollywood West, Los Angeles, CA has a population of 52,100, which has remained stable by -0.2% over the past 5 years. North Hollywood West, Los Angeles, CA is a moderately popular place for families, as children make up 20.2% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
52,100-0.2%
% Under 18
20.2%-3.3%
% Seniors
12.1%14.2%
% WFH
9.5%179.4%
% w/ College Degree
21.7%16.0%
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As of the latest ACS Survey released in 2023, North Hollywood West, Los Angeles, CA is a predominantly hispanic area, with 62.1% of the population identifying as hispanic. The hispanic population has grown by 6.5% in the last 5 years. The second most common race or ethnicity in North Hollywood West, Los Angeles, CA is white, making up 26.3% of the population. Foreign-born residents account for 47.3% of the population in North Hollywood West, Los Angeles, CA, and this percentage has decreased by 3.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
26.3%-6.4%
% Black
1.8%-48.6%
% Hispanic
62.1%6.5%
% Asian
8.1%-11.0%
% Foreign Born
47.3%-3.5%
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Mortgage and Risk — North Hollywood West, Los Angeles, CA

According to HUD data as of 2023, there were 354 mortgage originations in North Hollywood West, Los Angeles, CA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in North Hollywood West, Los Angeles, CA. Investor activity is low, as 7.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
354
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
7.0%
% Second Loans
1.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — North Hollywood West, Los Angeles, CA

As of 2024, the percent of homes in North Hollywood West, Los Angeles, CA under the Section 8 program is 9.9%. 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 North Hollywood West, 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
978
Total Units Section 8
978
% Rentals under Section 8
9.9%
% Occupied Section 8
84.6%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$30$1,900$1,930
2 Bedroom-$200$2,640$2,440
3 Bedroom-$700$3,800$3,100
4 Bedroom-$1,060$4,500$3,440

Affordability — North Hollywood West, Los Angeles, CA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio12.1
Median Home Price$842,000
Median Household Income$64,500

North Hollywood West, Los Angeles, CA — ZIP Code Boundary Map

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Frequently Asked Questions