The housing market in 91311 Los Angeles, CA is quite expensive with a median value of $855,900. This is substantially higher than the US House median value of $338,100. Despite a lower house appreciation rate of 6.81%, compared to the US 1 year house appreciation rate of 8.27%, this area still remains an attractive option for those looking to invest in real estate or purchase a property.
The median home cost in Los Angeles (zip 91311) is $855,900. Home appreciation the last 10 years has been 129.0%. Home Appreciation in Los Angeles (zip 91311) is up 13.7%.
Average Age of Homes
- The median age of Los Angeles (zip 91311) real estate is 43 years old
The Rental Market in Los Angeles (zip 91311)
- Renters make up 29.0% of the Los Angeles (zip 91311) population
- 1.1% of houses and apartments in Los Angeles (zip 91311), 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.