Housing in 91605 Los Angeles, CA is considerably more expensive than the US median value, with a median value of $766,200 compared to the US median value of $338,100. Furthermore, the appreciation rate for this neighborhood is higher than the national average at 10.23%, compared to 8.27% nationally. This indicates that housing prices in this area have been increasing at a faster pace compared to most other parts of the country and may remain an attractive investment opportunity going forward.
The median home cost in Los Angeles (zip 91605) is $766,200. Home appreciation the last 10 years has been 153.8%. Home Appreciation in Los Angeles (zip 91605) is up 21.7%.
Average Age of Homes
- The median age of Los Angeles (zip 91605) real estate is 53 years old
The Rental Market in Los Angeles (zip 91605)
- Renters make up 57.2% of the Los Angeles (zip 91605) population
- 2.6% of houses and apartments in Los Angeles (zip 91605), 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.