Los Angeles, CA Home Values & Market Trends
Real estate market trends reflect that there have been 12,423 transactions over the past year in Los Angeles. The median value for residential home transactions that occurred over the previous year is $965,322.32. The number of current listings in Los Angeles is 1,832, and the percentage of properties for sale in the city is 1832.00%. Los Angeles, CA currently has 1,182 properties in foreclosure, 85 bank owned properties, 238 properties headed for auction, and 1,832 properties for sale.
Los Angeles, CA Real Estate Market Overview
Zip | Median Est. Value | Zip | Median Est. Value |
---|---|---|---|
90024 | $ 1,480,500 $ 830/sqft | 90032 | $ 850,000 $ 649/sqft |
90046 | $ 2,249,146 $ 914/sqft | 90035 | $ 2,086,000 $ 738/sqft |
90049 | $ 2,847,586 $ 1,014/sqft | 90059 | $ 592,000 $ 490/sqft |
90068 | $ 2,184,000 $ 904/sqft | 90001 | $ 614,900 $ 501/sqft |
90044 | $ 654,800 $ 491/sqft | 90067 | $ 1,925,750 $ 887/sqft |
90048 | $ 2,221,000 $ 918/sqft | 90038 | $ 1,412,875 $ 719/sqft |
90043 | $ 982,125 $ 544/sqft | 90006 | $ 809,625 $ 687/sqft |
90066 | $ 2,018,125 $ 999/sqft | 90020 | $ 605,250 $ 644/sqft |
90027 | $ 2,429,625 $ 966/sqft | 90028 | $ 938,000 $ 657/sqft |
90047 | $ 713,944 $ 532/sqft | 90063 | $ 776,800 $ 537/sqft |
90036 | $ 1,974,250 $ 823/sqft | 90007 | $ 1,176,000 $ 557/sqft |
90015 | $ 830,784 $ 706/sqft | 90022 | $ 659,400 $ 583/sqft |
90077 | $ 4,375,000 $ 1,092/sqft | 90013 | $ 796,400 $ 778/sqft |
90004 | $ 1,750,000 $ 810/sqft | 90033 | $ 834,150 $ 408/sqft |
90016 | $ 1,154,000 $ 654/sqft | 90023 | $ 732,700 $ 548/sqft |
90042 | $ 1,201,875 $ 752/sqft | 90012 | $ 641,000 $ 559/sqft |
90026 | $ 1,258,000 $ 745/sqft | 90029 | $ 1,243,000 $ 653/sqft |
90025 | $ 1,075,000 $ 754/sqft | 90041 | $ 1,501,500 $ 865/sqft |
90019 | $ 1,665,500 $ 604/sqft | 90014 | $ 554,750 $ 693/sqft |
90017 | $ 637,375 $ 743/sqft | 90061 | $ 611,250 $ 441/sqft |
90003 | $ 633,250 $ 429/sqft | 90005 | $ 752,750 $ 637/sqft |
90045 | $ 1,601,250 $ 869/sqft | 90057 | $ 900,000 $ 571/sqft |
90064 | $ 1,586,078 $ 970/sqft | 90056 | $ 1,579,000 $ 670/sqft |
90034 | $ 1,767,250 $ 928/sqft | 90021 | $ 884,100 $ 811/sqft |
90037 | $ 664,292 $ 455/sqft | 90040 | $ 588,402 $ 463/sqft |
90039 | $ 1,930,500 $ 1,019/sqft | 90010 | $ 1,155,500 $ 638/sqft |
90062 | $ 878,250 $ 563/sqft | 90095 | $ -- $ -- |
90065 | $ 1,109,250 $ 905/sqft | 90089 | $ -- $ -- |
90008 | $ 1,490,750 $ 704/sqft | 90009 | $ -- $ -- |
90031 | $ 734,675 $ 611/sqft | 90079 | $ -- $ -- |
90018 | $ 953,700 $ 596/sqft | 90058 | $ -- $ -- |
90011 | $ 678,171 $ 380/sqft | 90071 | $ -- $ -- |
90002 | $ 574,900 $ 428/sqft | 90073 | $ -- $ -- |
Housing Market Summary for Los Angeles, CA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $1.1M | $967.4K | -13.15% |
Median Sold Price | $939.5K | $967.4K | 2.97% |
Homes For Sale | 1,584 | 1,834 | 15.78% |
Homes Sold | 10,764 | 10,888 | 1.15% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Los Angeles, CA
Browse Homes in Los Angeles, CA
Los Angeles home values range from $25,213 to $39,750,000. The median estimated value of a home in Los Angeles is $965,322.32. The median list price of a home is 1,224,000, and the total count of properties in the city is 338,108.
- Pre-ForeclosurePre-foreclosure homes account for 0.25% of all residential properties in Los Angeles, CA with 90047 containing 65 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 66 zips within Los Angeles, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,205,000 in 90039 to the lowest home value of $349,900 in 90047.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Los Angeles, CA ranges from the highest value of $2,845,000 in 90049 to the lowest value of $224,540 in 90001. Bank owned homes and properties account for 0.03% of properties in Los Angeles, CA. There are 66 zips within Los Angeles, CA; 90046 containing 16 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions90047 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Los Angeles, CA. Auction homes and other auction properties account for 0.07% of all properties in Los Angeles, CA. There are 66 zips within Los Angeles, CA; of those zips, the median estimated home value for homes going to auction ranges from $1,005,000 in 90048 to the lowest value of $396,750 in 90048.
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More Real Estate Resources for Los Angeles, CA
Guide for Los Angeles, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
The Los Angeles real estate market saw fluctuating values and sold prices per square foot in 2023, with a citywide peak in September at $1,200,000 and $706 respectively.
Finding a home to buy on auction in California requires careful planning and research to navigate the competitive market successfully
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