Zip Code:

91406, Van Nuys, CA

91406 is a California Zip code within the city of Van Nuys and the county of Los Angeles County. Its population is roughly 54,890.

The Van Nuys Real Estate Market

Van Nuys, CA is located in the San Fernando Valley region of Los Angeles County. The 91406 zip code covers a total area of just over 10 square miles and has a population of around 214,000 people. Home prices in Van Nuys have seen some significant increases over the past few years, with median home prices currently sitting at $1.2 million. This is significantly higher than the median home price in Los Angeles County as a whole, which stands at just under $600,000.

One reason for this increase in home prices may be due to the strong economy that we are currently experiencing. In addition, Van Nuys is located close to some of the most desirable areas in Los Angeles including Beverly Hills and Hollywood. This means that there is a high demand for homes in this area and developers are able to charge higher prices because there is already such high demand for properties here.

Another factor that may be contributing to the increase in home values in Van Nuys is the fact that there are relatively few available properties for sale here compared to other parts of Los Angeles County. This means that buyers who are looking for homes in this area have more opportunity to find something they like and negotiate a higher price on it than if there were more available options available.

Price Index: Los Angeles-Long Beach-Glendale, CA (MSAD)

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