The housing market in 91304 Los Angeles, CA is quite expensive compared to the US median house value of $338,100. The median value of homes here is $847,100, which is much higher than the national median. Despite this, the appreciation rate over the past year has only been 6.81%, lower than the national average of 8.27%. This suggests that while there may be some potential for growth in value in this area, it could be more limited than elsewhere.
The median home cost in Los Angeles (zip 91304) is $847,100. Home appreciation the last 10 years has been 129.0%. Home Appreciation in Los Angeles (zip 91304) is up 13.7%.
Average Age of Homes
- The median age of Los Angeles (zip 91304) real estate is 46 years old
The Rental Market in Los Angeles (zip 91304)
- Renters make up 45.7% of the Los Angeles (zip 91304) population
- 1.0% of houses and apartments in Los Angeles (zip 91304), 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.