Home Values

90028 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$647,400

  • 4.1% 1-year change
  • 1.7% 1-year forecast

The median home value in 90028 is $647,400. 90028 home values have gone up 4.1% over the past year and Zillow predicts they will rise 1.7% within the next year. The median list price per square foot in 90028 is $509, which is higher than the Los Angeles average of $371. The median price of homes currently listed in 90028 is $806,000 while the median price of homes that sold is $445,592. The median rent price in 90028 is $2,345, which is higher than the Los Angeles median of $2,263.

Foreclosures will be a factor impacting home values in the next several years. In 90028 17.6 homes are foreclosed (per 10,000). This is greater than the Los Angeles value of 2.0 and also greater than the national value of 4.0

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 90028 is 0.0%, which is lower than the national value of 6.9%. 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 90028 homeowners underwater on their mortgage is 15.3%, which is higher than Los Angeles at 9.3%.

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Relative ZHVI
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90028 Market Overview

Data through Sep 30, 2014
  • $647,400 ZHVI
  • 1.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $806,000 Median listing price
  • No recent data Median sale price
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90028 Market Health

Data through Sep 30, 2014
  • 2.7/10 Less healthy
    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 days on Zillow
  • 15.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 0.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

17.6 homes(Feb 28, 2014) 90028
2 homes Los Angeles
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
90036 $1,295,200
90048 $1,199,300
90068 $1,158,200
Name Median ZHVI
90027 $1,157,000
90046 $1,116,800
90004 $1,090,600
Name Median ZHVI
90038 $685,800
90029 $654,600
90020 $444,300

Listings & Sales

Data through Sep 30, 2014
  • $509 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.8% Listings with price cut
3.0%
Sold below listing
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90028 Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,781 90028
    $2,450 Los Angeles
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,345 Rent list price
  • $2.99 Rent list price / sq ft
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