Zip 91040 (Los Angeles, CA) Housing


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The housing market in 91040 Los Angeles, CA is booming. According to the content above, the Median Value for this area is $824,900 – significantly higher than the US House Median Value of $338,100. Furthermore, while the US 1-year House Appreciation is 8.27%, the House 1-year appreciation in 91040 Los Angeles, CA is 11.31%, indicating that housing values are increasing rapidly and that now is a great time to invest in property in this area.

The median home cost in Los Angeles (zip 91040) is $824,900. Home appreciation the last 10 years has been 113.1%. Home Appreciation in Los Angeles (zip 91040) is up 15.4%.

Average Age of Homes
- The median age of Los Angeles (zip 91040) real estate is 58 years old
The Rental Market in Los Angeles (zip 91040)
- Renters make up 27.9% of the Los Angeles (zip 91040) population
- 1.6% of houses and apartments in Los Angeles (zip 91040), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLos Angeles, CaliforniaUnited States
  8,013.0139,647,020.0
  6342
  $824,900$338,100
  15.4%16.6%
  46.0%57.0%
  113.1%101.1%
  $7.03$10.98
  $4,488$2,690
  70.2%57.4%
  7.5%11.2%
  22.3%31.4%
  Vacant Housing
  1.6%1.9%
  0.0%0.4%
  0.8%0.7%
  0.2%0.4%
  1.1%3.6%
  3.7%4.1%
  Value of Owner-Occupied Housing
  2.8%2.6%
  0.3%2.4%
  0.1%2.8%
  0.9%3.9%
  0.8%4.5%
  0.0%11.3%
  0.6%13.0%
  1.3%20.1%
  4.3%13.6%
  12.0%8.3%
  48.9%9.7%
  16.8%3.9%
  8.8%2.2%
  1.9%0.8%
  0.6%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  3.3%13.6%
  3.3%13.6%
  3.4%13.6%
  7.5%13.2%
  13.7%14.8%
  3.4%13.6%
  35.8%10.0%
  11.7%4.7%
  8.7%12.2%
Commute