The percentage of homes being lived in by their owners is low, with many properties in Van Nuys serving as rentals.
Buyers looking to move to Van Nuys can be optimistic in rising home values. The price appreciation last year rose 8.2 percent, from $667,813 to $722,501, allowing homeowners to benefit from a favorable, climbing market. Simultaneously, the number of homes on the market slightly fell from 131 to 128 - but buyers still have a fair share of homes to vet. Fireplaces are always a plus as they keep you cozier and warmer in the winter, and many homes in Van Nuys come with an authentic fireplace. The walk-in closets that feature in many residential properties here are a great addition for couples who often find themselves fighting over storage space. Enjoy the freedom and convenience of an in-unit laundry room, available in several of the homes around this locale.