The housing market in Los Angeles 90039 is highly desirable with a median value of $1,292,800. This is significantly higher than the US median house value of $338,100 and demonstrates the strong interest in real estate in this expensive area. The appreciation rate for homes in 90039 over the last year was 13.16%, which was higher than the US appreciation rate of 8.27%. Having such a high appreciation rate indicates that people are willing to pay a premium for properties in this sought-after neighborhood.
The median home cost in Los Angeles (zip 90039) is $1,292,800. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90039) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90039) real estate is 74 years old
The Rental Market in Los Angeles (zip 90039)
- Renters make up 55.1% of the Los Angeles (zip 90039) population
- 1.7% of houses and apartments in Los Angeles (zip 90039), 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.