Is Canoga Park, CA 91304 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Canoga Park is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score56/ 100

More competitive than 58% of U.S. ZIP codes, and #692 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.6Under 4 months = seller’s market
Sold above original list29.7%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$504▼ −1.1% vs. last year

The Canoga Park housing market right now

In the three months ending August 31, 2026, 30% of homes in Canoga Park, CA 91304 sold above their list price, the typical home went under contract in 41 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 66 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold faster (58 days then) and the median sale price fell 9% to $887,116. Overall, Canoga Park is more competitive than a year ago, so tougher for buyers.

Within Los Angeles County, homes here sell faster than in 71% of the county’s ZIP codes, and sell less often over asking than in 66%. On our competition score, Canoga Park ranks #692 of 1,069 CA ZIP codes with enough sales (score 56 out of 100).

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.

Nearby markets

Acton 93510Buyer’s market $366 /sq ftAgoura Hills 91301Balanced $584 /sq ftAlhambra 91801Seller’s market $576 /sq ftAlhambra 91803Seller’s market $620 /sq ft Browse all markets →

Where Canoga Park is

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Questions about Canoga Park real estate

Is Canoga Park a buyer’s or seller’s market?

A balanced market: there were 4.6 months of supply in Canoga Park, CA 91304 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Canoga Park?

The typical home went under contract in 41 days in the latest three months.

Do homes in Canoga Park sell over asking?

30% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.

What are property taxes in Canoga Park?

About 1.15% of a home’s value a year in Los Angeles County, or roughly $4,600 on a $400,000 home.

What is the median home price in Canoga Park?

The median sale price was $887,116 in the three months ending August 31, 2026, about $504 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology