Is Sylmar, CA 91342 a buyer’s or seller’s market?

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

Sylmar is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score61/ 100

More competitive than 64% of U.S. ZIP codes, and #580 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 supply5.1Under 4 months = seller’s market
Sold above original list43.5%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$498▼ −0.9% vs. last year

The Sylmar housing market right now

In the three months ending August 31, 2026, 44% of homes in Sylmar, CA 91342 sold above their list price, the typical home went under contract in 40 days and there were 5.1 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 95 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (42% then), homes sold faster (51 days then) and the median sale price fell 9% to $749,676. Overall, Sylmar is more competitive than a year ago, so tougher for buyers.

Within Los Angeles County, homes here sell faster than in 76% of the county’s ZIP codes, and sell more often over asking than in 68%. On our competition score, Sylmar ranks #580 of 1,069 CA ZIP codes with enough sales (score 61 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 Sylmar is

Loading map…

Questions about Sylmar real estate

Is Sylmar a buyer’s or seller’s market?

A balanced market: there were 5.1 months of supply in Sylmar, CA 91342 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 Sylmar?

The typical home went under contract in 40 days in the latest three months.

Do homes in Sylmar sell over asking?

44% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Sylmar?

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 Sylmar?

The median sale price was $749,676 in the three months ending August 31, 2026, about $498 per square foot.

No sponsored agents in 91342 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 91342

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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