The housing market in 90004 Los Angeles, CA is thriving. The median value of a house in this area currently stands at $1,386,700, which is more than four times the national average of $338,100. Additionally, while the nationwide appreciation rate for homes over the past year has been 8.27%, homes in 90004 Los Angeles have appreciated by an impressive 13.16%. This indicates that there is strong growth potential in this area and suggests investing in housing here could be profitable in the long run.
The median home cost in Los Angeles (zip 90004) is $1,386,700. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90004) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90004) real estate is 74 years old
The Rental Market in Los Angeles (zip 90004)
- Renters make up 78.3% of the Los Angeles (zip 90004) population
- 5.0% of houses and apartments in Los Angeles (zip 90004), 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.