The housing market in the 91606 zip code of Los Angeles, CA is robust and vibrant. According to recent data, the median value for housing in this area is $812,300, nearly twice the US median house value of $338,100. Furthermore, the US one-year house appreciation rate stands at 8.27%, compared to 10.23% in 91606 - indicating that home values are growing faster here than nationally. Given this promising context, those interested in buying or selling a property in this region are likely to find a healthy and lucrative market.
The median home cost in Los Angeles (zip 91606) is $812,300. Home appreciation the last 10 years has been 153.8%. Home Appreciation in Los Angeles (zip 91606) is up 21.7%.
Average Age of Homes
- The median age of Los Angeles (zip 91606) real estate is 55 years old
The Rental Market in Los Angeles (zip 91606)
- Renters make up 65.0% of the Los Angeles (zip 91606) population
- 2.6% of houses and apartments in Los Angeles (zip 91606), 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.