Los Alamitos Home Prices & Values

$827,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -2.8% 1-year change
  • 1.9% 1-year forecast

The median home value in Los Alamitos is $827,700. Los Alamitos home values have declined -2.8% over the past year and Zillow predicts they will rise 1.9% within the next year. The median list price per square foot in Los Alamitos is $461, which is higher than the Los Angeles Metro average of $345. The median price of homes currently listed in Los Alamitos is $789,900 while the median price of homes that sold is $820,385. The median rent price in Los Alamitos is $1,650, which is lower than the Los Angeles Metro median of $2,150.

Foreclosures will be a factor impacting home values in the next several years. In Los Alamitos 1.0 homes are foreclosed (per 10,000). This is lower than the Los Angeles Metro value of 2.0 and also lower than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Los Alamitos is 3.6%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Los Alamitos homeowners underwater on their mortgage is 4.9%, which is lower than Los Angeles Metro at 11.6%.

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Relative ZHVI
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Los Alamitos Market Overview

Data through Jul 31, 2014
  • $827,700 ZHVI
  • 1.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $789,900 Median listing price
  • $820,385 Median sale price (Jun 30, 2014)
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Los Alamitos Market Health

Data through Jul 31, 2014
  • 7.8/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 4.9% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 3.6% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

1 home(Dec 31, 2013) Los Alamitos
2 homes Los Angeles Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Seal Beach $822,400 Cerritos $635,700 La Palma $628,600
Cypress $543,900 Westminster $520,400 Lakewood $468,700
Artesia $440,300 Stanton $396,500 Hawaiian Gardens $327,000

Listings & Sales

Data through Jul 31, 2014
  • $461 Median list price / sq ft
  • $521 Median sale price / sq ft (Jun 30, 2014)
  • 43.2% Listings with price cut
10.2%
Sold below listing
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Los Alamitos Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,990 Los Alamitos
$2,392 Los Angeles Metro
$1,318 United States
  • 5.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,650 Rent list price
  • $1.66 Rent list price / sq ft
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