The housing market in Los Angeles, CA (91342) is very competitive. The median value of a home in this area is $669,000, which is significantly higher than the national median value of $338,100. Despite this high amount, home prices have appreciated 6.81% over the past year, which is slightly lower than the US average of 8.27%. As such, it can be difficult for prospective buyers to find good deals on homes in this area. However, with careful research and planning, it’s possible to find an affordable house in Los Angeles.
The median home cost in Los Angeles (zip 91342) is $669,000. Home appreciation the last 10 years has been 129.0%. Home Appreciation in Los Angeles (zip 91342) is up 13.7%.
Average Age of Homes
- The median age of Los Angeles (zip 91342) real estate is 46 years old
The Rental Market in Los Angeles (zip 91342)
- Renters make up 29.2% of the Los Angeles (zip 91342) population
- 0.6% of houses and apartments in Los Angeles (zip 91342), 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.