The housing median value in 91405 Los Angeles, CA is $772,500, which is significantly higher than the US median house value of $338,100. The US 1 year house appreciation rate was 8.27%, while the one year appreciation rate in 91405 Los Angeles, CA was 6.15%. This suggests that while the housing market in 91405 Los Angeles, CA has appreciated at a slower rate than the national average, it still remains one of the most expensive housing markets in the country. The high cost of housing in this area reflects its desirability and popularity among residents and potential buyers alike.
The median home cost in Los Angeles (zip 91405) is $772,500. Home appreciation the last 10 years has been 137.7%. Home Appreciation in Los Angeles (zip 91405) is up 15.9%.
Average Age of Homes
- The median age of Los Angeles (zip 91405) real estate is 46 years old
The Rental Market in Los Angeles (zip 91405)
- Renters make up 69.2% of the Los Angeles (zip 91405) population
- 2.8% of houses and apartments in Los Angeles (zip 91405), 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.