The housing market in 90021 Los Angeles, CA is incredibly strong. The median value of houses in the area is $983,700, which is significantly higher than the national median of $338,100. In the past year, the US housing appreciation rate was 8.27%, while in 90021 Los Angeles it was 13.16%. This indicates that investing in property in this area could be a lucrative endeavor with a good return on investment in the near future.
The median home cost in Los Angeles (zip 90021) is $983,700. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90021) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90021) real estate is 78 years old
The Rental Market in Los Angeles (zip 90021)
- Renters make up 78.2% of the Los Angeles (zip 90021) population
- 4.3% of houses and apartments in Los Angeles (zip 90021), 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.