The median value of housing in 91331, Los Angeles, CA is $643,300 which is significantly higher than the US house median value of $338,100. Despite the high cost of buying a home in Los Angeles, one year appreciation rates for the house are slightly lower at 6.81% compared to 8.27% nationally. With the current housing market being so competitive in the area - with more buyers than sellers and multiple offers on properties - it's no wonder that housing values remain so high despite slightly lower appreciation.
The median home cost in Los Angeles (zip 91331) is $643,300. Home appreciation the last 10 years has been 129.0%. Home Appreciation in Los Angeles (zip 91331) is up 13.7%.
Average Age of Homes
- The median age of Los Angeles (zip 91331) real estate is 59 years old
The Rental Market in Los Angeles (zip 91331)
- Renters make up 39.5% of the Los Angeles (zip 91331) population
- 0.8% of houses and apartments in Los Angeles (zip 91331), 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.