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Panorama City

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Panorama City

Panorama City is a part of the City of Los Angeles in the central San Fernando Valley, in ZIP code 91402. It was built starting in the late 1940s as a planned community by Fritz Burns and Henry J. Kaiser, one of the first of its kind in the Valley.

Many homes are original post-war houses on similar lots, and the area also has a large share of apartments. Buyers often look here for entry-level single-family homes in the middle of the Valley.

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Market Snapshot

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

Panorama City 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 29, 2026 at 11:45 pm.

$700,000Median sold price
76Avg. days on market
100.0%Sold-to-list price
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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 22% of the homes for sale in Panorama City are selling each month.

4.6 monthsAbsorption rateBalanced market
57For sale now
24Pending / in escrow
149Sold, last 12 months
12.4Sales per month

See the full Panorama City market report →

Median sold price and homes sold, by quarter

Panorama City median sold price and number of sales by quarter$777K46$709K$641K$573K0Q4 '24 · Homes sold: 23Q4 '24Q1 '25 · Homes sold: 28Q1 '25Q2 '25 · Homes sold: 33Q2 '25Q3 '25 · Homes sold: 44Q3 '25Q4 '25 · Homes sold: 32Q4 '25Q1 '26 · Homes sold: 38Q1 '26Q2 '26 · Homes sold: 46Q2 '26Q3 '26 · Homes sold: 30Q3 '26Q4 '24 · Median sold price: $750KQ1 '25 · Median sold price: $600KQ2 '25 · Median sold price: $667KQ3 '25 · Median sold price: $718KQ4 '25 · Median sold price: $692KQ1 '26 · Median sold price: $658KQ2 '26 · Median sold price: $735KQ3 '26 · Median sold price: $728K
Homes soldMedian sold price

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

Panorama City days on market and sold-to-list price by quarter103.8%86102.3%57100.9%2999.4%0Q4 '24 · Avg. days on market: 57Q4 '24Q1 '25 · Avg. days on market: 68Q1 '25Q2 '25 · Avg. days on market: 74Q2 '25Q3 '25 · Avg. days on market: 62Q3 '25Q4 '25 · Avg. days on market: 72Q4 '25Q1 '26 · Avg. days on market: 86Q1 '26Q2 '26 · Avg. days on market: 64Q2 '26Q3 '26 · Avg. days on market: 64Q3 '26Q4 '24 · Sold-to-list price: 103.2%Q1 '25 · Sold-to-list price: 100.0%Q2 '25 · Sold-to-list price: 100.0%Q3 '25 · Sold-to-list price: 100.0%Q4 '25 · Sold-to-list price: 100.1%Q1 '26 · Sold-to-list price: 100.0%Q2 '26 · Sold-to-list price: 100.0%Q3 '26 · Sold-to-list price: 101.4%
Avg. days on marketSold-to-list price

Based on 149 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.

Panorama City FAQs

Is Panorama City part of Los Angeles?

Yes. It is a neighborhood of the City of Los Angeles, in ZIP 91402.

Who built Panorama City?

Developers Fritz Burns and Henry J. Kaiser planned it after World War II, starting in the late 1940s.

What kind of homes are in Panorama City?

Mostly post-war single-family houses, plus many apartment buildings and some condos.

What schools serve Panorama City?

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.

How close is Panorama City to the freeway?

The 405 and 5 are both a short drive away.

Free Market Report

Want The Full Market Report For Panorama City?

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.

$625,000Median list price
57Homes for sale
101Avg. days on market (current listings)
$700,000Median sold price (12 mo)
149Homes 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 29, 2026.

Panorama City

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 Panorama City. 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 Panorama City. Tap a category.

Ratings and details from Google. Refreshed monthly.

News And Advice

Read helpful resources and articles related to the area.

Ready To Take

Ready to take The Next Step?

Whether you are thinking about buying, selling, or just exploring your options, Gary Jacobs and his team are here to provide clear guidance and trusted local expertise across Los Angeles and Ventura County.

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