Zip 90248 (Los Angeles, CA) Housing

The housing market in 90248 Los Angeles, CA is booming. The median value for a house in this area is $707,300, significantly higher than the US house median of $338,100. In the past year, the appreciation rate for housing in 90248 has been 12.08%, which is much higher than the US 1 year appreciation rate of 8.27%. This indicates that housing values in this area are increasing rapidly and could be a great investment opportunity for those looking to purchase a home.

The median home cost in Los Angeles (zip 90248) is $707,300. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Los Angeles (zip 90248) is up 16.0%.

Average Age of Homes

- The median age of Los Angeles (zip 90248) real estate is 53 years old

The Rental Market in Los Angeles (zip 90248)

- Renters make up 25.8% of the Los Angeles (zip 90248) population
- 2.8% of houses and apartments in Los Angeles (zip 90248), 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
	4,077.0	139,647,020.0
	56	42
	$707,300	$338,100
	16.0%	16.6%
	47.9%	57.0%
	119.9%	101.1%
	$6.23	$10.98
	$3,558	$2,690
	63.3%	57.4%
	5.4%	11.2%
	31.3%	31.4%
Vacant Housing
	2.8%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.4%	0.4%
	0.8%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	2.4%	2.4%
	3.8%	2.8%
	6.8%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.4%	13.0%
	2.5%	20.1%
	6.2%	13.6%
	10.6%	8.3%
	56.2%	9.7%
	9.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.3%	13.6%
	5.3%	13.6%
	2.9%	13.6%
	8.0%	13.2%
	11.9%	14.8%
	2.9%	13.6%
	34.4%	10.0%
	4.6%	4.7%
	1.1%	12.2%

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