The housing market in 90042 Los Angeles, CA is doing well compared to the national average. The median value for housing in this area is currently $936,100 which is higher than the US median of $338,100. Additionally, the house appreciation rate over the past year has been 13.16%, which is much higher than the US average of 8.27%. This suggests that investment in this area may be a good option due to its strong performance and appreciation rate above the national average.
The median home cost in Los Angeles (zip 90042) is $936,100. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90042) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90042) real estate is 68 years old
The Rental Market in Los Angeles (zip 90042)
- Renters make up 52.9% of the Los Angeles (zip 90042) population
- 0.3% of houses and apartments in Los Angeles (zip 90042), 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.