Los Angeles, CA has experienced notable growth in its housing market over the last year. The median value of a house in 90015 Los Angeles is $724,300, which is significantly higher than the medium US house value of $338,100. The US house appreciation rate for the past year was 8.27%, while Los Angeles' rate was even higher at 13.16%. This data shows that there has been a strong appreciation in the housing market in 90015 Los Angeles and that homes there are valued at a premium compared to other areas across the country.
The median home cost in Los Angeles (zip 90015) is $724,300. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90015) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90015) real estate is 38 years old
The Rental Market in Los Angeles (zip 90015)
- Renters make up 73.3% of the Los Angeles (zip 90015) population
- 7.6% of houses and apartments in Los Angeles (zip 90015), 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.