Mid City Home Prices & Values

$697,600 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

  • 15.3% 1-year change
  • 9.9% 1-year forecast

Market Temperature: CoolWhat's This?
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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 neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Mid City is $697,600. Mid City home values have gone up 15.3% over the past year and Zillow predicts they will rise 9.9% within the next year. The median list price per square foot in Mid City is $433, which is higher than the Los Angeles average of $371. The median price of homes currently listed in Mid City is $679,000 while the median price of homes that sold is $636,725.

Foreclosures will be a factor impacting home values in the next several years. In Mid City 2.7 homes are foreclosed (per 10,000). This is greater than the Los Angeles value of 2.1 and also lower than the national value of 4.3

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Relative ZHVI
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Mid City Market Overview

Data through Jun 30, 2014
  • $697,600 ZHVI
  • 9.9% 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

    (Jun 30, 2015)
  • $679,000 Median listing price
  • $636,725 Median sale price
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Mid City Market Health

Data through Jun 30, 2014
  • 9.2/10 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
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

2.7 homes Mid City
2.1 homes Los Angeles
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Mid Wilshire $1,313,900 Mid City West $1,298,100 Pico-Robertson $945,000
Crestview $825,300 Arlington Heights $695,700 Crenshaw $503,000
Leimert Park $493,300 Harvard Heights $475,700 Jefferson Park $421,100

Listings & Sales

Data through Jun 30, 2014
  • $433 Median list price / sq ft
  • $439 Median sale price / sq ft
  • 25.1% Listings with price cut
6.4%
Sold below listing
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Mid City Rentals

Data through Jun 30, 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
$2,556 Mid City
$2,392 Los Angeles
$1,310 United States
  • 3.0 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)
  • No data Rent list price
  • $1.89 Rent list price / sq ft
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