The housing market in 90049 Los Angeles, CA is incredibly strong and growing. According to the given content, the median value of a house in 90049 is $2,622,300 which is substantially higher than the US median house value of $338,100. Over the past year, the US has seen an appreciation rate of 8.27%, while 90049 experienced an even greater appreciation rate of 13.16%, proving that this area has an extremely healthy housing market that continues to grow and increase in value over time.
The median home cost in Los Angeles (zip 90049) is $2,622,300. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90049) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90049) real estate is 49 years old
The Rental Market in Los Angeles (zip 90049)
- Renters make up 41.8% of the Los Angeles (zip 90049) population
- 3.4% of houses and apartments in Los Angeles (zip 90049), 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.