Sherman Oaks, San Jose Housing Market

Sherman Oaks, San Jose Market Snapshot

Sherman Oaks favors sellers and competition is intensifying. Here's the picture:

Based on 12 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.49M
Up 0.9% from March 2025
Up $14K from March 2025
Homes Sold
12
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$9,135/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$7,395
  • Property Tax$1,556
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
11.5 days
3 fewer days than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
103.9%
Down from 107.7% in March 2025
Selling 4% above asking
% Sold Over Asking
58%
More than half of homes sold above their asking price
Active Listings
14
Up 133.3% from March 2025
About 1.2 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Sherman Oaks.

Median Sale Price
Up 0.9% year-over-year in Sherman Oaks. Based on 12 sales in the most recent month.
Homes Sold
9% more homes sold than a year ago in Sherman Oaks.
Total Monthly Payment
Estimated monthly cost is down 1% from a year ago in Sherman Oaks, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.3%. Your actual rate depends on your credit, down payment, and loan type.
Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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