As of this quarter, Canoga Park’s real estate market remains active and resilient, with a median home price hovering around $820,000—still offering relative value compared to nearby areas like Woodland Hills and Tarzana. Inventory levels are moderate, giving buyers more breathing room while still supporting strong seller activity. Homes are spending an average of 39 days on the market, a slight decrease from last year, indicating steady demand. On the rental side, median rents are around $2,950/month, with low vacancy rates and continued demand from tenants seeking proximity to major job centers. For both buyers and investors, Canoga Park remains a smart, strategic choice in the West Valley.
With his extensive experience in up-and-coming L.A. neighborhoods, Sierus Erdelyi offers the exact combination of local insight and strategic guidance that clients need in a fast-moving market like Canoga Park. As the founder of TruLine Realty, Sierus has helped numerous clients unlock value in West Valley real estate, with a keen eye for both long-term potential and current market shifts. Whether you’re buying a family home, exploring rental opportunities, or selling in a changing landscape, Sierus brings a results-driven approach rooted in transparency, data, and a deep understanding of what makes Canoga Park tick. His tailored advice and hands-on service ensure your real estate goals are not just met—but exceeded.
Canoga Park is home to a wide variety of housing options that cater to diverse needs and budgets. From charming post-war bungalows and mid-century single-family homes to modern townhomes and newly developed apartment communities, the neighborhood accommodates everyone—from first-time buyers to seasoned investors. In recent years, the area has also seen an uptick in multi-family development, providing fresh opportunities for rental income and long-term equity growth. Whether you’re searching for a starter home or looking to expand your real estate portfolio, Canoga Park offers a versatile and ever-evolving housing market.
Canoga Park benefits from its proximity to some of the San Fernando Valley’s most important employment hubs. With Warner Center just minutes away and easy access to major business corridors in Woodland Hills, Burbank, and Chatsworth, residents enjoy short commutes to jobs in tech, healthcare, entertainment, and logistics. The local economy is also supported by small businesses, light manufacturing, and a growing entrepreneurial scene, giving the area a well-rounded economic base that continues to attract working professionals and business owners alike.
What makes Canoga Park truly stand out is its balance of convenience and charm. The Westfield Topanga & The Village shopping complex offers high-end retail and dining, while local parks, schools, and recreational centers provide a family-friendly atmosphere. With year-round community events, farmers markets, and a strong neighborhood identity, Canoga Park manages to feel both vibrant and grounded—making it an increasingly popular choice for those who want the best of L.A. without the high price tags of its more high-profile neighbors.
Based on information from CRISNet MLS as of 2024-01-08T23:57:23.35. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Based on information from the i-Tech MLS as of 2024-01-08T23:57:23.35. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-01-08T23:43:13.127. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.