Los Angeles County Home Prices & Values

$491,500 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

  • 15.7% 1-year change
  • 8.9% 1-year forecast

The median home value in Los Angeles County is $491,500. Los Angeles County home values have gone up 15.7% over the past year and Zillow predicts they will rise 8.9% within the next year. The median list price per square foot in Los Angeles County is $332, which is lower than the Los Angeles Metro average of $344. The median price of homes currently listed in Los Angeles County is $499,000 while the median price of homes that sold is $479,100. The median rent price in Los Angeles County is $2,000, which is lower than the Los Angeles Metro median of $2,100.

Foreclosures will be a factor impacting home values in the next several years. In Los Angeles County 2.3 homes are foreclosed (per 10,000). This is greater than the Los Angeles Metro value of 1.9 and also lower than the national value of 4.3

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 County is 7.7%, which is higher than the national value of 7.2%. 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 County homeowners underwater on their mortgage is 12.9%, which is higher than Los Angeles Metro at 11.6%.

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Relative ZHVI
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Los Angeles County Market Overview

Data through Jun 30, 2014
  • $491,500 ZHVI
  • 8.9% 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)
  • $499,000 Median listing price
  • $479,100 Median sale price
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Los Angeles County Market Health

Data through Jun 30, 2014
  • 8.6/10 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.

  • 67 Average of days on Zillow (May 31, 2014)
  • 12.9% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 7.7% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

2.3 homes Los Angeles County
1.9 homes Los Angeles Metro
4.3 homes United States
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Cities in Los Angeles County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
La Canada Flintridge $1,488,000 South Pasadena $938,600 La Crescenta-Montrose $729,600
Pasadena $695,900 Altadena $695,100 Glendale $670,800
Burbank $652,200 Acton $493,600 San Fernando $356,000

Listings & Sales

Data through Jun 30, 2014
  • $332 Median list price / sq ft
  • $331 Median sale price / sq ft
  • 26.5% Listings with price cut
11.2%
Sold below listing
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Los Angeles County 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
$2,251 Los Angeles County
$2,374 Los Angeles Metro
$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)
  • $2,000 Rent list price
  • $1.92 Rent list price / sq ft
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