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Preforeclosure Homes in Sherman Oaks, CA

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Sherman Oaks, CA Foreclosures

How much do homes sell for in Sherman Oaks, CA?
The average home price is currently $1,539,188.
In Sherman Oaks, CA, how many homes are available?
There are currently 32 active home listings available in Sherman Oaks.
What’s the average rental cost in Sherman Oaks, CA?
The average rental price in Sherman Oaks is $3,911.
What is the most expensive home in Sherman Oaks?
The most expensive home sold in Sherman Oaks had a price of $128,299,904.
What is currently the cheapest priced home in Sherman Oaks, CA?
The cheapest home for sale in Sherman Oaks is priced at $35,000.

Living in Sherman Oaks, CA

Sherman Oaks is a vibrant neighborhood located in the San Fernando Valley region of Los Angeles, known for its blend of urban and suburban living. The area boasts an array of shopping, dining, and entertainment options along Ventura Boulevard, making it a popular choice for families and young professionals alike. With its proximity to the 101 and 405 freeways, Sherman Oaks offers convenient access to the greater Los Angeles area, while also providing a variety of parks and recreational facilities.

Current Market Conditions in Sherman Oaks, CA

The Sherman Oaks real estate market has been experiencing a robust trend, characterized by an increase in home prices due to high demand and limited inventory. With families drawn to the neighborhood for its amenities and schools, the competition for homes remains fierce, making it a favorable market for sellers.

Recent months have shown signs of stability in the local market, with home values holding steady despite shifts in the wider real estate landscape. The average days on market for homes in Sherman Oaks has decreased, reflecting the heightened interest from buyers. Moreover, the area has seen significant investment in new developments, further enhancing its appeal.

Home Value Estimator For Sherman Oaks, CA

There are currently 20,847 real estate properties in Sherman Oaks, CA, with a median automated valuation model (AVM) price of $1,333,422.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sherman Oaks, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Sherman Oaks, CA, is $1,539,188.00, with the most expensive house in Sherman Oaks, CA, topping out at $128,299,904.00 and the cheapest home in Sherman Oaks, CA, clocking in at $35,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Sherman Oaks, CA!

Rent Prices In Sherman Oaks, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sherman Oaks, CA, is on a rollercoaster ride. The average rent price in Sherman Oaks, CA, is $3,911.00. Indeed, when looking to rent in Sherman Oaks, CA, you can expect to pay as little as $1,500.00 or as much as $6,750.00, with the average rent median estimated to be $3,980.00. The good news is that finding an affordable and desirable property to rent in Sherman Oaks, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Sherman Oaks, CA Preforeclosure Homes


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