Zip 90061 (Los Angeles, CA) Housing

The housing market in 90061 Los Angeles, CA is booming! The median value of a home in the area is $541,300, which is significantly higher than the US median value of $338,100. This means that homes in 90061 are much more expensive than the average US home. Additionally, over the past year the appreciation rate for homes in this area was 13.16%, much higher than the national rate of 8.27%. This significant increase in value indicates that now is an excellent time to purchase a home in 90061 Los Angeles, CA.

The median home cost in Los Angeles (zip 90061) is $541,300. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90061) is up 14.4%.

Average Age of Homes

- The median age of Los Angeles (zip 90061) real estate is 62 years old

The Rental Market in Los Angeles (zip 90061)

- Renters make up 56.1% of the Los Angeles (zip 90061) population
- 1.5% of houses and apartments in Los Angeles (zip 90061), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Los Angeles, California	United States
	8,256.0	139,647,020.0
	62	42
	$541,300	$338,100
	14.4%	16.6%
	51.4%	57.0%
	151.4%	101.1%
	$7.50	$10.98
	$3,292	$2,690
	38.2%	57.4%
	5.0%	11.2%
	56.8%	31.4%
Vacant Housing
	1.5%	1.9%
	0.4%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.7%	2.4%
	2.7%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	1.9%	11.3%
	1.9%	13.0%
	8.3%	20.1%
	23.4%	13.6%
	25.8%	8.3%
	29.1%	9.7%
	3.8%	3.9%
	0.2%	2.2%
	0.4%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.1%	13.6%
	5.1%	13.6%
	4.5%	13.6%
	7.4%	13.2%
	10.3%	14.8%
	4.5%	13.6%
	16.8%	10.0%
	17.8%	4.7%
	16.4%	12.2%

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