The housing market in 90041 Los Angeles, CA is booming. The median value of a home in the area is $1,222,200 which is almost 4 times higher than the national median value of $338,100. This gap has grown even more due to the 1 year appreciation rate of homes in 90041 Los Angeles, CA which stands at 13.16%, compared to 8.27% nationally. This growth in housing values demonstrates that the real estate market is healthy and stable in this part of Los Angeles.
The median home cost in Los Angeles (zip 90041) is $1,222,200. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90041) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90041) real estate is 72 years old
The Rental Market in Los Angeles (zip 90041)
- Renters make up 44.7% of the Los Angeles (zip 90041) population
- 0.4% of houses and apartments in Los Angeles (zip 90041), 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.