Home Values

Mid Wilshire 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

$1,417,300

  • 17.5% 1-year change
  • 5.4% 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

Warm

Buyers' Market
Sellers' Market

The median home value in Mid Wilshire is $1,417,300. Mid Wilshire home values have gone up 17.5% over the past year and Zillow predicts they will rise 5.4% within the next year. The median list price per square foot in Mid Wilshire is $532, which is higher than the Los Angeles average of $375. The median price of homes currently listed in Mid Wilshire is $974,000 while the median price of homes that sold is $722,925.

Foreclosures will be a factor impacting home values in the next several years. In Mid Wilshire 2.3 homes are foreclosed (per 10,000). This is the same as the Los Angeles value of 2.3 and also lower than the national value of 3.9

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Relative ZHVI
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Mid Wilshire Market Overview

Data through Feb 28, 2015
  • $1,417,300 ZHVI
  • 5.4% 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
    (Feb 29, 2016)
  • $974,000 Median listing price
  • $722,925 Median sale price
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Mid Wilshire Market Health

Data through Feb 28, 2015
  • 9.4/10 Very 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
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.3 homes Mid Wilshire
2.3 homes Los Angeles
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Hollywood Hills $1,428,600
Mid City West $1,210,800
Mid City $674,100
Name Median ZHVI
Arlington Heights $622,300
Hollywood $579,100
Koreatown $490,200
Name Median ZHVI
Harvard Heights $443,900
West Adams $433,800
Jefferson Park $387,900

Listings & Sales

Data through Feb 28, 2015
  • $532 Median list price / sq ft
  • $561 Median sale price / sq ft
  • 10.9% Listings with price cut
4.1%
Sold below listing
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Mid Wilshire Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $4,540 Mid Wilshire
    $2,547 Los Angeles
    $1,355 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $2.53 Rent list price / sq ft
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