Updated on: June 09, 2022.
Encino, CA Real Estate Market Trends In 2022
In April 2022, Encino, CA median list price of homes was $1,950,000, compared to $1,600,000 in 2021. Encino, CA active home listings are 164. Encino, CA Condos/Townhomes median list price was $487,000 and Median price per/Sqft was $435/Sqft.
First-Rate Real Estate | San Fernando Valley + Los Angeles County
Since 1977, Park Regency has remained dedicated to assisting buyers and sellers throughout the San Fernando Valley with quality real estate services that exemplify professionalism and trust. Since opening our doors, Park Regency has continued to grow 110 agents strong throughout Los Angeles County, earning its rank as one of the top 15 real estate companies in the area.
Are you looking to purchase a home or property in Encino, CA? The real estate experts at Park Regency are here to help. You can have a look at our available Encino listings here, or call us with any inquiries at 818.363.6116.
Research Just For You
Read on to learn more about the latest trends and statistics for the Encino housing market through the years 2020 and 2021!
Current Encino Housing Market Trends
Right now is the time to buy and invest in Encino real estate. Here are a few quick facts to give you a snapshot of the local market!
- Cool Buyer’s Market
- Somewhat Competitive
- Multiple Offers
- 2% Below List Price + Pending in 58 Days
- Hot Properties Pending in 33 Days
Encino Real Estate Statistics + Growth
Prices are dropping while home values accumulate a slow growth in worth, making it the perfect condition for buyers in Encino, CA. We’ve collected data that reflects current trends and predictions for the local housing market for the next 2 years.
- Median Home Value $985,000
- 2020 Forecast Growth 0.6%
- Median Listing Price $1,299,000
- Median Sale Price $972,800
- Sale Price Growth -20.9%
- Average Days On The Market 81
- Median List Price Per Sq. Ft. $531
- Price Per Sq. Ft. Growth -8.1%
- Price Cut Listings 21.8%
- Average Down Payment20.2%
- Homes Sold Under List Price 2.2%
- Median Home Size 2,810 sq. ft.
Nearby Neighborhoods + Home Values
Compare Encino home values to that of surrounding areas. If you’re looking to relocate to or within Los Angeles County, Park Regency can help find the ideal market for you!
- Bel Air $3,264,800
- Brentwood $2,404,000
- Sherman Oaks $890,000
- Tarzana$739,500
- Van Nuys $548,000
- North Hills $546,400
- Lake Balboa $546,200
- Reseda $493,700
- Panorama City $424,200
Encino Rental Market Facts
Are you an investor or property owner looking to expand into the Encino rental market? Here are a few quick facts to jumpstart your research before purchasing a single-family or multi-family residential property.
- Median Monthly Rent$4,750
- Average Rent Price Per Sq. Ft.$2.41
- Breakeven Horizon 4.0 Years
Encino Demographics
Get to know your neighbors. As part of our market research, we also include key demographics that help potential buyers get an idea about a new, unfamiliar city. For any more questions regarding what it’s like to live in Encino, CA don’t hesitate to contact us!
Home Values
- Less Than $50K 3%
- $50-$99K 1%
- $100-$199K 3%
- $200-$399K 12%
- $400-$749K 27%
- $750K + More54%
Monthly Rent
- Less Than $5003%
- $500-$9998%
- $1,000-$1,499 32%
- $1,500-$1,99932%
- $2,000 + More 25%
Education Level
- BA / AA Degree39.1%
- Graduate Degree31.4%
- High School Graduate / GED 25.7%
- Some High School Or Less3.7%
- $2,000 + More 25%
Age
- 9 Years Or Younger10.9%
- 10-17 Years Old10.7%
- 18-24 Years Old5.1%
- 25-39 Years Old14.2%
- 40-64 Years Old36.3%
- 65+ Years Old22.8%
Employment
- Agriculture0%
- Arts + Entertainment9.8%
- Construction2%
- Education + Health28%
- Finance + Real Estate10.2%
- Information8.8%
- Manufacturing5.9%
- Professional20.4%
- Public Administration0.7%
- Retail + Wholesale12.5%
- Transportation + Warehousing0.2%
- Other1.4%
Household Income
- $150K + More44.9%
- $75-$149K28.7%
- $30-$74K13.8%
- $30K Or Less12.6%
Household Size
- 1 Person21.9%
- 2-3 People55.9%
- 4-5 People20.2%
- 6+ People2%
Encino Education
Encino is a family-friendly city with plenty of opportunities for quality education. Whether you have decided to enroll your child into a public or private school, there are plenty of stellar options to choose from. Here are a few of the best educational facilities within Encino’s city limits.
Public Schools
- Hesby Oaks Leadership Charter School (K-8)
- Encino Charter Elementary School
- Emelita Street Elementary School
- Fred E. Lull Special Education Center
- Lanai Road Elementary School
Private Schools
- Sage Academy
- Westmark School
- Holy Martyrs Armenian High School
- Crespi Carmelite High School
- Our Lady Of Grace School
- Saint Cyril Of Jerusalem
- Valley Beth Shalom Day School
- International School Of Los Angeles
Life In Encino
Besides its notoriety for housing famous actors/actresses and public figures, Encino has a lot to offer to normal folks like us. These are just a few of the major attractions within the city of Encino--don’t forget Los Angeles and everything the city has to offer is only 20 miles away from this sprawling suburb!
Los Encinos State Historic Park
Comprised of 5 acres, this designated California State Park includes an original adobe structure (de la Ossa Adobe), the famous Garnier building, a blacksmith, a pond, and a natural spring.
The Sepulveda Dam Recreation Center
Get your game on at The Sepulveda Dam Recreation Center, which offers four of the best cricket pitches in the United States as well as 2 golf courses to choose from!
- The Balboa Municipal Golf Course
- The Encino Municipal Golf Course
- Woodley Worel / Magnus Cricket Complex
The Balboa Sports Complex
There is fun and games for the whole family at this community recreation center, which includes the following amenities:
- Lighted Baseball Diamond
- Outdoor Basketball Courts
- Children’s Play Area
- Community Room
- Lighted Football Field
- Lighted Handball Court
- Indoor Gym
- Unlighted Soccer Field
- Lighted Tennis Courts
- Lighted Volleyball Courts
The Encino Velodrome
Built in 1963, The Encino Velodrome offers an outdoor oval bicycle racing track for enthusiasts throughout Los Angeles County.
Encino Oak Tree
For over 1,000 years, Encino was home to a massive California live oak. Although the tree died over 20 years ago in 1998, a monument for visitors now exists at the intersection of Ventura and Louise Boulevard. There you have it! Now you know most everything you need to know about Encino life and real estate. For any additional questions or to start searching for your dream Encino property today, contact us here.