What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

Alberto Pacheco

Find Your Next Home











Sylmar Ca Real Estate Market

July 14, 2025


SYLMAR HOMES AND REAL ESTATE MARKET UPDATE

? Current Housing Trends

  • Strong price growth: Median home sale prices are $811K, up ~7.8% year-over-year in May 2025 LA Homes+11Redfin+11Realtor+11.

  • Steady listing increases: Realtor.com shows median listing prices around $800K, rising 2.6% YOY .

  • Balanced but competitive market: Homes spend about 39 days on market, with roughly 45% selling over asking .

  • Segment variances: Detached homes up 6.4% annually ($787?K median). Notably, 1-bedroom units saw a 78.9% jump—though from a low baseline Rocket Mortgage.

  • Micro-market shifts: Area 'Sylmar Acres' saw a dip (~16.7% drop to $875K)—great niche content for upsizers or downsizers Redfin.


? Cost of Living Insights

  • Shelter is pricier: Cost of living runs about 52% above the national average, and 9% above the L.A. average AreaVibes.

  • Rent vs. buy: Median rent ~ $2.2K–$3.1K/month. Meanwhile, home values hover around $800K–$810K .

  • Income mix: Average household income is ~$76K, but ranges upward (~95–111K in some reports, indicating mixed affordability) Rocket Mortgage.


? Migration & Relocation Trends

  • Owner-dominated with stable roots: Homeownership is ~65%; renters ~35% .

  • Family-focused & long-term: Many households plan to stay 5+ years; dense suburban feel with parks and coffee shops Niche.

  • Well-connected commuters: Served by I-5, 210, and Metrolink; a new light rail terminus is planned—present content opportunity .


? Buyers’ & Sellers’ Behavior

For Sellers

  • Equity gains: 6–8% annual appreciation; ideal time for thin- or no-move sellers to check ELPs.

  • Pricing matters: Nearly half sell above ask—use comps to justify stronger listing prices.

For Buyers

  • Down payment myths: Show available programs (3–5% down, LA-specific assistance).

  • First-timers move fast: 39-day sales pace means motivation + readiness = success.


? Neighborhood & Lifestyle Trends


? Local Content Angle Highlights

  • Home Equity Updates: “Your Sylmar equity likely grew 6–8%—check your home’s current worth.”

  • Rent vs Own Breakdown: Compare $2.2K–3.1K rent to mortgage payments—highlight down-payment options.

  • Safety & Preparedness Tips: Pre-fire-season checklists, insurance tips for new homeowners.

  • Transit Expansion Updates: Follow-up videos on light rail progress—“Impact of new rail on home values by 2027”.

  • Community & Lifestyle Spotlights: Features on equestrian trails, family parks, and the Nethercutt Collection.


Featured Listings

sold
Condo in Canoga Park For Sale
$399,999
sold
1
beds
1
baths
801
Sq Ft

Recent Posts

Get Started!