In August 2024, the North Hollywood housing market in ZIP code 91601 is showing a balanced yet competitive environment. Currently, there are 26 active listings with a median list price of $1,222,500. Over the last month, 10 homes were sold, with a median sold price of $1,251,500, indicating that buyers are willing to pay a premium for desirable properties.

The average price per square foot stands at $861, reflecting the area's growing appeal and demand for residential space. Homes are spending an average of 35 days on the market, suggesting that well-priced homes are moving relatively quickly, though not at an overwhelming pace.

For both buyers and sellers, this data indicates a steady market. Sellers can take confidence in the rising sold prices, while buyers should be prepared for some competition, particularly in the higher-end segments. The slightly higher median sold price compared to the list price may also hint at multiple offer situations for attractive properties. Overall, North Hollywood continues to be a vibrant and sought-after market, offering opportunities for both investors and homeowners alike.