Home Values

Los Angeles Metro 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

$536,000

  • 2.8% 1-year change
  • 0.9% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this metro relative to other metros across the US. A particular metro may be identified as a good market for buyers in a national market favorable to sellers overall. Learn more

Very Hot

Buyers' Market
Sellers' Market

The median home value in Los Angeles Metro is $536,000. Los Angeles Metro home values have gone up 2.8% over the past year and Zillow predicts they will rise 0.9% within the next year. The median list price per square foot in Los Angeles Metro is None. The median rent price in Los Angeles Metro is $2,264, which is higher than the California median of $2,000.

Foreclosures will be a factor impacting home values in the next several years. In Los Angeles Metro 1.8 homes are foreclosed (per 10,000). This is lower than the California value of 2.4 and also lower than the national value of 3.5

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 Angeles Metro is 5.6%, which is lower than the national value of 6.0%. 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 Angeles Metro homeowners underwater on their mortgage is 8.1%, which is lower than California at 11.0%.

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Relative ZHVI
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Los Angeles Metro Market Overview

Data through May 31, 2015
  • $536,000 ZHVI
  • 0.9% 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
    (May 31, 2016)
  • No data Median listing price
  • $537,900 Median sale price
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Los Angeles Metro Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • 64 Average days on Zillow (Apr 30, 2015)
  • 8.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 5.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1.8 homes Los Angeles Metro
2.4 homes California
3.5 homes United States
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Cities in Los Angeles Metro

Name Median ZHVI
Irvine $770,300
Huntington Beach $695,100
Glendale $625,400
Name Median ZHVI
Los Angeles $506,100
Long Beach $472,100
Anaheim $467,400
Name Median ZHVI
Garden Grove $458,700
Santa Ana $396,600
Lancaster $186,400

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $354 Median sale price / sq ft
  • No data Listings with price cut
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Los Angeles Metro Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,505 Los Angeles Metro
    $2,244 California
    $1,367 United States

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

  • 5.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $2,264 Rent list price
  • $2.09 Rent list price / sq ft
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