The housing market in 90077 Los Angeles, CA is thriving. The median value of a home in the area is $2,820,800, which is much higher than the US median value of $338,100. In addition to being more expensive than the national average, the area has experienced higher levels of appreciation in the past year with an increase of 13.16%, compared to the US median of 8.27%. This high level of appreciation indicates that buyers should expect prices in 90077 to remain high for some time.
The median home cost in Los Angeles (zip 90077) is $2,820,800. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90077) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90077) real estate is 47 years old
The Rental Market in Los Angeles (zip 90077)
- Renters make up 11.9% of the Los Angeles (zip 90077) population
- 0.8% of houses and apartments in Los Angeles (zip 90077), 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.