Real Estate
Porter Ranch Housing Market Update — Q3 2026
Updated August 2026
By Porter Ranch Pros — data through June–July 2026. Sources: Redfin and Zillow.
The Porter Ranch housing market has cooled into a slower, more balanced phase in Q3 2026: prices are flat to modestly lower, homes are taking longer to sell, and buyers have more room to negotiate than they've had in some time. The key findings:
- Prices are flat to modestly lower — the median Porter Ranch home sold for $1,280,055 (Redfin, three months ending June 2026), down 6.4% from a year earlier, while Zillow's typical value for the 91326 ZIP is $1,234,155, down just 0.5%.
- Homes are taking longer to sell — a median of 39 days on market per Redfin, up from 26 days a year ago.
- More homes are still closing — Redfin counted 90 homes sold in June 2026, up 14.9% from 78 a year earlier.
- Sellers are pricing more realistically — fewer homes are fetching over asking price, and price drops are less common than a year ago.
What homes are selling for
| Metric | Redfin (Porter Ranch) | Zillow (91326) |
|---|---|---|
| Median sale price | $1,280,055 (3 months ending June 2026) | $1,215,083 (June 30, 2026) |
| Typical home value (ZHVI) | — | $1,234,155 (July 31, 2026) |
| Median list price | — | $1,460,500 (July 31, 2026) |
| Median price per square foot | $539 | — |
| Year-over-year change | -6.4% (median sale price) | -0.5% (ZHVI) |
Median home price: two sources, two geographies
According to Redfin, the median sale price in Porter Ranch is $1,280,055, a decline of 6.4% from the same period last year, with price per square foot down a smaller 1.0% to $539. That gap between the two figures matters: a steeper drop in overall median price than in price-per-square-foot can mean the mix of homes selling has shifted — more sales of smaller or lower-priced homes rather than a broad decline in value.
Zillow's estimate for the wider 91326 ZIP paints a gentler picture. Its typical home value (ZHVI) sits at $1,234,155 as of July 31, 2026, down just 0.5% over the past year — a much smaller decline than Redfin's neighborhood-level median sale price.
Neither number is wrong. They're measuring different things, which is the subject of the next section.
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Why the two numbers don't match
Redfin's $1,280,055 median and Zillow's $1,234,155 typical value aren't reporting on the same thing, even though they cover overlapping ground. Redfin's figure is a median sale price — the middle value of homes that actually closed in the Porter Ranch neighborhood over the three months ending June 2026. It moves with whatever mix of homes happened to sell in that window.
Zillow's ZHVI is an index, built to estimate the value of the entire housing stock across the 91326 ZIP code — not just the homes that sold, and not limited to the Porter Ranch neighborhood boundary, which is narrower than the ZIP. It smooths out month-to-month swings caused by which homes happened to trade hands.
The same split shows up in days on market. Redfin's 39 days measures time to an actual sale. Zillow's 19 days measures time to pending — an earlier milestone in the process. They're not describing different markets; they're using different rulers on overlapping ground.
How long homes are taking
Homes are sitting longer than they were a year ago. Redfin puts the median days on market at 39, up from 26 days last year — an increase of 13 days. Redfin also rates Porter Ranch a Compete Score of 63 out of 100, or "Somewhat Competitive."
Homes are taking 13 days longer to sell
Redfin data shows typical homes selling for about 1% below list price. Homes flagged as "hot" by Redfin sell for about 1% above list price and go pending in about 25 days, showing the range is wide depending on the property.
The sale-to-list ratio backs this up: homes are closing at 99.0% of list price, down 1.2 points from a year ago. And only 34.4% of homes sold above list price, a steep drop of 14.3 points from last year. Homes with price drops fell to 26.8%, down 5.8 points — fewer sellers are cutting price after listing.
That drop suggests more homes are being priced accurately up front rather than tested high and adjusted down. Zillow's ZIP-level numbers tell a related but not identical story: 38.7% of sales closed over list price, compared with Redfin's 34.4% for the neighborhood — the same geography and method gap described above, since Zillow's figure covers the wider 91326 ZIP rather than the Porter Ranch neighborhood alone. Zillow also reports 54.7% of sales closing under list, with a sale-to-list ratio of 99.5% as of the June 30, 2026 data.
For a seller, this means pricing close to comparable sales matters more than it did a year or two ago. For a buyer, it means there's more room to negotiate than there's been in some time, though homes still aren't selling at steep discounts.
What's on the market
Zillow counted 137 homes for sale in the 91326 ZIP as of July 31, 2026, with 43 new listings that month. One figure is worth calling out directly: the median list price is $1,460,500, while the median sale price is $1,215,083 — a gap of roughly $245,000 between what sellers are asking and what homes are actually closing for. That gap doesn't mean every home sells for hundreds of thousands under asking; it reflects the mix of what's currently listed versus what closed in a different, earlier window, rather than one set of homes selling far under their own asking price.
It's a reminder to look at recent closed sales rather than active list prices when gauging real market value.
What sellers ask vs. what homes close for
More homes are actually changing hands than a year ago. Redfin counted 90 homes sold in June 2026, up 14.9% from 78 in the same month last year. That rise in closed sales alongside softer prices suggests buyers haven't pulled back — more deals are closing at prices that clear, rather than the market simply slowing down across the board.
What renting looks like here
Rents in Porter Ranch run well above the national average. Zillow puts the average rent at $4,428 as of July 31, 2026, compared with $1,962 nationally, and up 3.1% from a year earlier.
What this means if you're selling
- Price near recent comparable sales: only 34.4% of homes sold above list price, down 14.3 points from last year.
- Expect a longer timeline than last year: the Redfin median is 39 days on market, up from 26.
- Price competitively to move quickly: Redfin's "hot homes" go pending in about 25 days at roughly 1% over list.
- Set your price accurately from the start: only 26.8% of listings needed a price drop, down from a year ago.
What this means if you're buying
- Expect more negotiating room than a year ago: the sale-to-list ratio has eased to 99.0% (Redfin) and 99.5% (Zillow).
- Browse a wider selection than in a tighter market: Zillow counted 137 homes for sale and 43 new listings in July.
- Anchor to closed sales, not list prices: the median list price runs about $245,000 above the median sale price in the Zillow data.
- Don't expect a rebound: Zillow's one-year forecast is modest growth of just +0.3%.
The thing the market data doesn't show
None of the price or timing data above touches on a cost that's specific to living in Porter Ranch: wildfire exposure. According to First Street Foundation data reported via Redfin, 100% of Porter Ranch properties carry a Severe wildfire risk rating over the next 30 years, and the area also carries a Major heat risk rating, with 100% of properties at major risk of extreme heat over the same period. Flood risk, by contrast, is Minor, with under 1% of properties at risk of severe flooding over 30 years.
This isn't meant to alarm — it's simply a real part of the cost of owning a home here that a price chart won't show. Severe wildfire risk affects home insurance availability and cost in ways that vary property by property, and it's worth understanding before you buy or renew coverage. For more on coverage, see our home insurance guide and our brush clearance guide.
Reducing risk around a property often comes down to choices like roofing material and landscaping. Our roofing and landscaping pages list local pros who work in Porter Ranch.
Common questions
What is the median home price in Porter Ranch?
According to Redfin, the median sale price in Porter Ranch was $1,280,055 for the three months ending June 2026, down 6.4% from a year earlier. Zillow's typical home value for the broader 91326 ZIP code is $1,234,155 as of July 31, 2026, down 0.5% year over year.
Is the Porter Ranch housing market going up or down?
Prices are flat to modestly lower depending on the measure: Redfin's median sale price is down 6.4% year over year, while Zillow's ZHVI is down a smaller 0.5%. Zillow's one-year forecast projects a modest 0.3% increase from here, suggesting the market has largely leveled off rather than continuing to decline.
How long does it take to sell a house in Porter Ranch?
Redfin puts the median time on market at 39 days, up from 26 days a year ago. Homes considered "hot" by Redfin go pending in about 25 days. Zillow's median time to pending for the wider ZIP is 19 days.
Is now a good time to buy in Porter Ranch?
There's more room to negotiate than a year ago: the sale-to-list ratio has eased to 99.0% (Redfin) and 99.5% (Zillow), and fewer homes are selling above asking price. There's also more inventory to choose from, with 137 homes listed and 43 new listings in July 2026 per Zillow. We don't take a position on timing — this is market information, not a recommendation.
Why is home insurance an issue for Porter Ranch buyers?
First Street Foundation data shows 100% of Porter Ranch properties carry a Severe wildfire risk rating over the next 30 years, which can affect insurance availability and cost. Buyers should factor this into their homeownership budget and research coverage options before making an offer.
This market update is refreshed quarterly as new data becomes available. Porter Ranch Pros is not a brokerage, and nothing on this page is real estate, financial, or insurance advice — it's a summary of publicly reported market information. Sale and pricing data is sourced from Redfin and Zillow; wildfire, heat, and flood risk data is sourced from First Street Foundation via Redfin.