Los Angeles, CA Home Values & Market Trends

Real estate market trends reflect that there have been 12,509 transactions over the past year in Los Angeles. The median value for residential home transactions that occurred over the previous year is $985,473.84. The number of current listings in Los Angeles is 2,049, and the percentage of properties for sale in the city is 2049.00%. Los Angeles, CA currently has 1,022 properties in foreclosure, 94 bank owned properties, 239 properties headed for auction, and 2,049 properties for sale.

Los Angeles, CA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
90046

$ 1,999,000

$ 933/sqft

90038

$ 1,370,000

$ 722/sqft

90068

$ 2,308,977

$ 925/sqft

90002

$ 538,375

$ 512/sqft

90049

$ 2,790,500

$ 925/sqft

90037

$ 684,157

$ 471/sqft

90024

$ 1,204,625

$ 782/sqft

90013

$ 733,950

$ 796/sqft

90066

$ 2,194,999

$ 1,029/sqft

90059

$ 637,450

$ 531/sqft

90044

$ 663,625

$ 495/sqft

90028

$ 818,500

$ 627/sqft

90048

$ 2,412,000

$ 916/sqft

90006

$ 1,201,000

$ 605/sqft

90043

$ 980,100

$ 579/sqft

90022

$ 717,400

$ 537/sqft

90042

$ 1,168,500

$ 712/sqft

90061

$ 582,000

$ 465/sqft

90015

$ 834,450

$ 754/sqft

90018

$ 996,000

$ 607/sqft

90025

$ 1,099,500

$ 671/sqft

90041

$ 1,306,125

$ 837/sqft

90047

$ 752,057

$ 523/sqft

90023

$ 717,550

$ 563/sqft

90077

$ 4,099,000

$ 1,063/sqft

90001

$ 695,700

$ 490/sqft

90045

$ 1,605,000

$ 879/sqft

90033

$ 819,600

$ 495/sqft

90016

$ 1,124,314

$ 744/sqft

90012

$ 673,900

$ 611/sqft

90004

$ 1,613,500

$ 842/sqft

90029

$ 1,411,000

$ 671/sqft

90065

$ 1,200,701

$ 973/sqft

90007

$ 1,101,500

$ 420/sqft

90027

$ 2,766,625

$ 1,046/sqft

90031

$ 841,300

$ 559/sqft

90064

$ 1,945,450

$ 985/sqft

90020

$ 719,443

$ 627/sqft

90019

$ 1,603,025

$ 670/sqft

90014

$ 558,150

$ 671/sqft

90062

$ 819,413

$ 552/sqft

90057

$ 816,700

$ 563/sqft

90008

$ 1,505,000

$ 740/sqft

90056

$ 1,621,000

$ 649/sqft

90034

$ 1,687,000

$ 889/sqft

90005

$ 716,750

$ 666/sqft

90039

$ 1,627,875

$ 942/sqft

90040

$ 696,250

$ 599/sqft

90036

$ 2,199,000

$ 911/sqft

90021

$ 873,500

$ 668/sqft

90026

$ 1,540,750

$ 874/sqft

90010

$ 1,438,250

$ 666/sqft

90017

$ 649,500

$ 754/sqft

90095

$ --

$ --

90003

$ 638,054

$ 521/sqft

90089

$ --

$ --

90035

$ 1,916,000

$ 762/sqft

90009

$ --

$ --

90063

$ 699,900

$ 509/sqft

90079

$ --

$ --

90032

$ 849,500

$ 679/sqft

90058

$ --

$ --

90011

$ 727,000

$ 438/sqft

90071

$ --

$ --

90067

$ 1,714,000

$ 912/sqft

90073

$ --

$ --

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Housing Market Summary for Los Angeles, CA

Jun 2023May 2024Change
Median Listing Price$1.2M$1.2M4.11%
Median Sold Price$965K$1M5.74%
Homes For Sale1,7021,94714.39%
Homes Sold11,23111,7985.05%
Price
$/Sqft
Homes For Sale
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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%.

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Browse Homes in Los Angeles, CA

Los Angeles home values range from $26,368 to $39,813,696. The median estimated value of a home in Los Angeles is $985,473.84. The median list price of a home is 1,207,971.883, and the total count of properties in the city is 338,556.

Foreclosure
There are 66 zips within Los Angeles, CA; within these zips, the median estimated home value for homes in foreclosure ranges from $2,543,000 in 90001 to the lowest value of $232,440 in 90001. Foreclosure homes account for 0.00% of properties in Los Angeles, CA with 90047 containing 76 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.20% of all residential properties in Los Angeles, CA with 90047 containing 61 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 $1,260,000 in 90028 to the lowest home value of $346,800 in 90020.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Los Angeles, CA ranges from the highest value of $2,908,000 in 90027 to the lowest value of $232,440 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 18 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    90044 has 17 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 $908,100 in 90035 to the lowest value of $437,600 in 90035.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.61% of residential properties in Los Angeles, CA with 90046 containing 111 homes for sale, the highest number of listed properties in a single zip. There are 66 zips within Los Angeles, CA; homes for sale in those zips, have a range of median values from $6,995,000 in 90064 to the lowest value of $291,693 in 90023.
    Sold Homes
    The median value for recently sold homes ranges from $1,025,000 in 90021 to the lowest price of $103,120 in 90021. There are 66 zips within Los Angeles, CA. 90049 has 436 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.52% of properties in Los Angeles, CA.

      Compare Nearby Cities

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      $/Sqft
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      Los Angeles, CA
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      Guide for Los Angeles, CA

      California
      Steady Climb for Los Angeles Real Estate Values in April 2024
      California
      Los Angeles Real Estate Peaks in September 2023: Annual Report Highlights Citywide Property Value Fluctuations
      Home Buying Guides & Tips
      Navigating the California Auction Market: A Guide to Finding and Buying a Home on Auction
      California
      Santa Clarita Real Estate Values Rise in Steady Uptick Through April 2024
      See More Articles
      Steady Climb for Los Angeles Real Estate Values in April 2024
      California|posted 20 May 2024

      The Los Angeles real estate market showcases steady growth in property valuation and sales, with notable fluctuations based on location and seasonality. Surrounding cities reflect this trend, albeit with their unique variations.

      Los Angeles Real Estate Peaks in September 2023: Annual Report Highlights Citywide Property Value Fluctuations
      California|posted 13 February 2024

      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.

      Navigating the California Auction Market: A Guide to Finding and Buying a Home on Auction
      Home Buying Guides & Tips|posted 7 November 2023

      Finding a home to buy on auction in California requires careful planning and research to navigate the competitive market successfully

      Santa Clarita Real Estate Values Rise in Steady Uptick Through April 2024
      California|posted 31 May 2024

      Santa Clarita’s real estate market shows steady growth with average property value at $760,000 as of April 2024.