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Lake Balboa

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Lake Balboa

Lake Balboa is a residential part of the City of Los Angeles in the central San Fernando Valley, between Van Nuys, Encino, Reseda and North Hills. It takes its name from the lake in Anthony C. Beilenson Park, in the Sepulveda Basin.

Most homes are 1950s ranch houses on fairly level lots, which draws buyers looking for a single-family home in the middle of the Valley. Prices are often below nearby Encino and Sherman Oaks.

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Market Snapshot

Live MLS numbers for Lake Balboa, refreshed every night. The Free Market Report box lower on the page uses the same figures.

Lake Balboa market at a glance

Homes, townhomes and condos (no rentals) from the MLS. These numbers refresh every night as listings go active, pending or sold. Last updated Oct 27, 2026 at 3:03 pm.

$886,500Median sold price
59Avg. days on market
100.0%Sold-to-list price
i

Absorption rate shows how fast homes are selling. It takes the homes for sale today and divides them by the number of homes that sold per month over the last 12 months.

The answer is how many months it would take to sell every home on the market if no new listings came up. Under about 4 months usually means a seller’s market, 4 to 6 months is balanced, and over 6 months favors buyers.

Right now about 33% of the homes for sale in Lake Balboa are selling each month.

3.0 monthsAbsorption rateSeller’s market
28For sale now
9Pending / in escrow
112Sold, last 12 months
9.3Sales per month

Median sold price and homes sold, by quarter

Lake Balboa median sold price and number of sales by quarter$937K34$911K$885K$859K0Q4 '24 · Homes sold: 26Q4 '24Q1 '25 · Homes sold: 24Q1 '25Q2 '25 · Homes sold: 34Q2 '25Q3 '25 · Homes sold: 22Q3 '25Q4 '25 · Homes sold: 33Q4 '25Q1 '26 · Homes sold: 25Q1 '26Q2 '26 · Homes sold: 34Q2 '26Q3 '26 · Homes sold: 18Q3 '26Q4 '24 · Median sold price: $874KQ1 '25 · Median sold price: $900KQ2 '25 · Median sold price: $920KQ3 '25 · Median sold price: $927KQ4 '25 · Median sold price: $869KQ1 '26 · Median sold price: $875KQ2 '26 · Median sold price: $890KQ3 '26 · Median sold price: $903K
Homes soldMedian sold price

Days on market and sold-to-list price, by quarter

Lake Balboa days on market and sold-to-list price by quarter100.3%66100.2%44100.1%2299.9%0Q4 '24 · Avg. days on market: 54Q4 '24Q1 '25 · Avg. days on market: 66Q1 '25Q2 '25 · Avg. days on market: 61Q2 '25Q3 '25 · Avg. days on market: 52Q3 '25Q4 '25 · Avg. days on market: 60Q4 '25Q1 '26 · Avg. days on market: 63Q1 '26Q2 '26 · Avg. days on market: 56Q2 '26Q3 '26 · Avg. days on market: 61Q3 '26Q4 '24 · Sold-to-list price: 100.0%Q1 '25 · Sold-to-list price: 100.1%Q2 '25 · Sold-to-list price: 100.1%Q3 '25 · Sold-to-list price: 100.0%Q4 '25 · Sold-to-list price: 100.3%Q1 '26 · Sold-to-list price: 100.0%Q2 '26 · Sold-to-list price: 100.0%Q3 '26 · Sold-to-list price: 100.0%
Avg. days on marketSold-to-list price

Based on 112 sales in the last 12 months. Charts cover the last 8 full quarters. Source: CSMAR MLS and its data-share MLSs. Information deemed reliable but not guaranteed.

Lake Balboa FAQs

Is Lake Balboa part of Los Angeles?

Yes. It is a neighborhood of the City of Los Angeles, with its own neighborhood council.

Is Lake Balboa the same as Van Nuys?

It was long considered part of Van Nuys and is now known by its own name. Some records still say Van Nuys.

What kind of homes are in Lake Balboa?

Mostly 1950s single-family ranch homes, with some condos and townhomes.

What schools serve Lake Balboa?

Public schools are run by Los Angeles Unified. Assignments go by exact address, so it is worth checking LAUSD's Resident School Identifier and calling the school. Magnet, charter and private options are also worth comparing.

What is there to do near Lake Balboa?

Anthony C. Beilenson Park and the Sepulveda Basin offer the lake, bike paths, fields and golf courses nearby.

Free Market Report

Want The Full Market Report For Lake Balboa?

Everything in the snapshot above, in far more detail: month-by-month prices, what sells at each price point, neighborhood-by-neighborhood numbers and who lives here. Homeowners also see recent sales of homes like theirs.

$912,000Median list price
28Homes for sale
46Avg. days on market (current listings)
$886,500Median sold price (12 mo)
112Homes sold (12 mo)
100.0%Sale-to-list price

Homes for sale and closed sales (no rentals) from the MLS — CSMAR and its data-share MLSs. Updated Oct 27, 2026.

Lake Balboa

Full market report

  • Prices, $/sq ft and days on market, month by month
  • What sells at each price point, and how fast
  • Neighborhood-by-neighborhood sales
  • Sales of homes like yours, if you own here
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Schools In The Area

Public and private schools that serve Lake Balboa. Assignments go by exact address, so confirm with the district before you buy.

School assignments follow the street address, and districts adjust boundaries and offer transfers, so confirm the schools for a specific home with the district before you rely on them. Ratings and test scores open on GreatSchools.

Around The Area

Top-rated local spots in and around Lake Balboa. Tap a category.

Ratings and details from Google. Refreshed monthly.

News And Advice

Read helpful resources and articles related to the area.

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