The housing median value in 91316 Los Angeles, CA is $908,100, which is significantly higher than the US House Median Value of $338,100. While the US house appreciation rate over the last year was 8.27%, the appreciation rate for houses in 91316 Los Angeles was 6.81%. This shows that while the market is still strong in this area of Los Angeles, it has not experienced as much growth as other parts of the country. Despite this, housing prices remain high and continue to draw attention from potential buyers.
The median home cost in Los Angeles (zip 91316) is $908,100. Home appreciation the last 10 years has been 129.0%. Home Appreciation in Los Angeles (zip 91316) is up 13.7%.
Average Age of Homes
- The median age of Los Angeles (zip 91316) real estate is 49 years old
The Rental Market in Los Angeles (zip 91316)
- Renters make up 43.5% of the Los Angeles (zip 91316) population
- 1.7% of houses and apartments in Los Angeles (zip 91316), 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.