The housing market in East Los Angeles, CA 90022 is significantly higher than the national median house value of $338,100. The median house value in East Los Angeles is an impressive $617,600. This is a huge increase from the national appreciation rate of 8.27% over the past year. In that same period, the house appreciation rate in East Los Angeles has seen an even larger increase of 13.16%. It's clear that this area has become a hot spot for homeowners over the past year and shows no signs of slowing down anytime soon.
The median home cost in East Los Angeles (zip 90022) is $617,600. Home appreciation the last 10 years has been 151.4%. Home Appreciation in East Los Angeles (zip 90022) is up 14.4%.
Average Age of Homes
- The median age of East Los Angeles (zip 90022) real estate is 70 years old
The Rental Market in East Los Angeles (zip 90022)
- Renters make up 61.5% of the East Los Angeles (zip 90022) population
- 1.2% of houses and apartments in East Los Angeles (zip 90022), 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.