The housing market in 90003 Los Angeles, CA is strong. The median value of a home in this area is $564,400, well above the US median house value of $338,100. In the past year, US house appreciation increased by 8.27%, but in 90003 Los Angeles, CA the appreciation was even greater at 13.16%. This suggests that not only are home values rising in this area, they are rising more rapidly than the rest of the country.
The median home cost in Los Angeles (zip 90003) is $564,400. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90003) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90003) real estate is 66 years old
The Rental Market in Los Angeles (zip 90003)
- Renters make up 63.9% of the Los Angeles (zip 90003) population
- 1.7% of houses and apartments in Los Angeles (zip 90003), 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.