Mid City West Home Prices & Values

$1,238,700 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

  • 6.9% 1-year change
  • 4.7% 1-year forecast

Market Temperature: WarmWhat'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 West is $1,238,700. Mid City West home values have gone up 6.9% over the past year and Zillow predicts they will rise 4.7% within the next year. The median list price per square foot in Mid City West is $691, which is higher than the Los Angeles average of $371. The median price of homes currently listed in Mid City West is $1,250,000 while the median price of homes that sold is $795,625. The median rent price in Mid City West is $2,795, which is higher than the Los Angeles median of $2,220.

Foreclosures will be a factor impacting home values in the next several years. In Mid City West 1.2 homes are foreclosed (per 10,000). This is lower than the Los Angeles value of 2.2 and also lower than the national value of 4.3

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Relative ZHVI
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Mid City West Market Overview

Data through Aug 31, 2014
  • $1,238,700 ZHVI
  • 4.7% 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

    (Aug 31, 2015)
  • $1,250,000 Median listing price
  • $795,625 Median sale price
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Mid City West Market Health

Data through Aug 31, 2014
  • 8.7/10 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 days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

1.2 homes(Jan 31, 2014) Mid City West
2.2 homes Los Angeles
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Hollywood Hills $1,488,800 Beverlywood $1,410,600 Mid Wilshire $1,312,000
Cahuenga Pass $1,109,300 Pico-Robertson $919,500 Century City $884,600
Crestview $820,500 Mid City $697,200 Hollywood $620,600

Listings & Sales

Data through Aug 31, 2014
  • $691 Median list price / sq ft
  • $589 Median sale price / sq ft
  • 31.4% Listings with price cut
9.0%
Sold below listing
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Mid City West Rentals

Data through Aug 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
$4,128 Mid City West
$2,429 Los Angeles
$1,328 United States
  • 1.8 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, 2014)
  • $2,795 Rent list price
  • $2.80 Rent list price / sq ft
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