The housing market in 90020 Los Angeles, CA is booming, with the median value of a house at $693,900. This is much higher than the US average of $338,100. The appreciation rate for housing in this area is also significantly better than the US average, with an increase of 13.16% over the last year compared to just 8.27% nationally. This marks 90020 Los Angeles as a desirable place to invest in property and investible for future growth.
The median home cost in Los Angeles (zip 90020) is $693,900. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90020) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90020) real estate is 49 years old
The Rental Market in Los Angeles (zip 90020)
- Renters make up 83.5% of the Los Angeles (zip 90020) population
- 4.5% of houses and apartments in Los Angeles (zip 90020), 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.