Home Values

Mid City West 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

$1,225,100

  • 2.0% 1-year change
  • -1.1% 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 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

Cool

Buyers' Market
Sellers' Market

The median home value in Mid City West is $1,225,100. Mid City West home values have gone up 2.0% over the past year and Zillow predicts they will fall -1.1% 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 $355. The median price of homes currently listed in Mid City West is $1,340,000 while the median price of homes that sold is $1,021,950. The median rent price in Mid City West is $3,049, which is higher than the Los Angeles median of $2,376.

Foreclosures will be a factor impacting home values in the next several years. In Mid City West 3.5 homes are foreclosed (per 10,000). This is greater than the Los Angeles value of 2.4 and also lower than the national value of 4.0

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Relative ZHVI
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Mid City West Market Overview

Data through Jan 31, 2015
  • $1,225,100 ZHVI
  • -1.1% 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
    (Jan 31, 2016)
  • $1,340,000 Median listing price
  • $1,021,950 Median sale price (Nov 30, 2014)
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Mid City West Market Health

Data through Jan 31, 2015
  • 5.5/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

3.5 homes Mid City West
2.4 homes Los Angeles
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Hollywood Hills $1,615,300
Mid Wilshire $1,404,500
Beverlywood $1,395,100
Name Median ZHVI
Cahuenga Pass $1,162,300
Pico-Robertson $919,600
Crestview $832,000
Name Median ZHVI
Arlington Heights $749,100
Mid City $714,300
Hollywood $647,600

Listings & Sales

Data through Jan 31, 2015
  • $691 Median list price / sq ft
  • $679 Median sale price / sq ft (Nov 30, 2014)
  • No data Listings with price cut
6.4%
Sold below listing
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Mid City West Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $4,464 Mid City West
    $2,531 Los Angeles
    $1,350 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)
  • $3,049 Rent list price
  • $2.86 Rent list price / sq ft
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