September 2025 Market Update: Median Home Prices Across LA’s Key Submarkets
As the Los Angeles real estate market transitions into fall 2025, median home prices continue to reflect the balance between buyer caution and long-term confidence. Despite mortgage rates hovering near multi-year highs, demand remains steady across Burbank, North Hollywood, Studio City, and Woodland Hills.
Burbank closed September 2025 with a median home price around $1.23 million, marking a slight year-over-year increase of approximately 2%. Low inventory continues to sustain prices, with well-presented homes still attracting multiple offers, particularly in the Media District and Magnolia Park neighborhoods.
North Hollywood held firm at a median price of $925,000, stabilizing after mild summer fluctuations. Buyers are showing renewed interest in townhomes and updated single-family homes near the NoHo Arts District, where redevelopment and mixed-use projects continue to add long-term value.
Studio City remains one of the most desirable and competitive submarkets, with the median home price reaching $1.78 million. Elevated buyer expectations and limited high-end listings have kept the market brisk, especially for properties south of Ventura Boulevard. Despite higher borrowing costs, luxury demand in this area remains strong.
Woodland Hills posted a median price of $1.21 million, experiencing modest appreciation since midyear. Buyers continue to seek larger lots and newer construction west of Topanga Canyon, while affordability concerns have slightly slowed entry-level demand.
Overall, the Los Angeles housing market in September 2025 reflects cautious optimism. While elevated mortgage rates have tempered bidding wars, motivated buyers and sellers are still finding common ground — keeping prices resilient in these highly desirable Valley submarkets.