The housing market in 91403 Los Angeles, CA is quite expensive, with a median value of $1,354,900. This is almost four times higher than the national median value of $338,100. In addition, while the US house appreciation rate over the last year was 8.27%, in 91403 Los Angeles, CA the 1 year appreciation rate was 6.15%. This indicates that although housing values are significantly higher than average in this area, the rate of increase has slowed down slightly over the past year.
The median home cost in Los Angeles (zip 91403) is $1,354,900. Home appreciation the last 10 years has been 137.7%. Home Appreciation in Los Angeles (zip 91403) is up 15.9%.
Average Age of Homes
- The median age of Los Angeles (zip 91403) real estate is 47 years old
The Rental Market in Los Angeles (zip 91403)
- Renters make up 50.7% of the Los Angeles (zip 91403) population
- 1.9% of houses and apartments in Los Angeles (zip 91403), 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.