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Los Angeles 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

$752,508

  • 5.8% 1-year change
  • -0.4% 1-year forecast

Market temperature 

The market temperature is based on three metrics: the list-to-sale price ratio, the prevalence of price cuts on home listings, and time-on-market. It provides information on the current balance of bargaining power between buyers and sellers in this region relative to that balance historically, enabling buyers and sellers to see trends in their local housing market temperature. Learn more

Neutral
Buyers' Market
Sellers' Market

The median home value in Los Angeles is $752,508. Los Angeles home values have gone up 5.8% over the past year and Zillow predicts they will fall -0.4% within the next year. The median list price per square foot in Los Angeles is $551, which is higher than the Los Angeles-Long Beach-Anaheim Metro average of $447. The median price of homes currently listed in Los Angeles is $859,000 while the median price of homes that sold is $760,200. The median rent price in Los Angeles is $3,500, which is higher than the Los Angeles-Long Beach-Anaheim Metro median of $3,200.

Foreclosures will be a factor impacting home values in the next several years. In Los Angeles 0.5 homes are foreclosed (per 10,000). This is greater than the Los Angeles-Long Beach-Anaheim Metro value of 0.4 and also lower than the national value of 1.2

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 is 0.7%, which is lower than the national value of 1.1%. 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 homeowners underwater on their mortgage is 4.3%, which is higher than Los Angeles-Long Beach-Anaheim Metro at 4.1%.

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Relative ZHVI
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Los Angeles Market Overview

Data through Mar 31, 2020
  • $752,508 ZHVI

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

  • -0.4% 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
    (Mar 31, 2021)
  • No recent data Median listing price
  • $760,200 Median sale price (Feb 29, 2020)
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Los Angeles Market Health

Data through Feb 29, 2020
  • 74 Average days on Zillow
  • 4.3% Homes with negative equity (8.2% US Avg) (Jun 30, 2018)
  • 0.7% Delinquent on mortgage (1.1% US Avg) (Jun 30, 2018)
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Neighborhoods in Los Angeles

Name Median ZHVI
Bel Air $3,264,800
Beverly Crest $2,260,600
Mid City West $1,516,200
Name Median ZHVI
Pico-Robertson $1,202,500
Studio City $1,188,900
Westwood $1,137,700
Name Median ZHVI
Century City $1,024,400
Sherman Oaks $890,000
Valley Village $851,200

Listings & Sales

  • No data
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Los Angeles Rentals

Data through Mar 31, 2018
  • 3.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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