The housing market in 90057 Los Angeles, CA is booming. The median value of homes in the area is $547,900, which is significantly higher than the US median value of $338,100. Furthermore, the one-year house appreciation rate in the area is 13.16%, which is much higher than the national rate of 8.27%. This indicates that real estate prices are rapidly rising in this part of Los Angeles and should be taken into account when considering purchasing property there.
The median home cost in Los Angeles (zip 90057) is $547,900. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90057) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90057) real estate is 57 years old
The Rental Market in Los Angeles (zip 90057)
- Renters make up 88.4% of the Los Angeles (zip 90057) population
- 3.1% of houses and apartments in Los Angeles (zip 90057), 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.