The housing median value in 91406 Los Angeles, CA is $800,500, which is significantly higher than the US House Median Value of $338,100. Although the US 1 year House Appreciation rate is 8.27%, the 1 year appreciation rate for housing in 91406 Los Angeles, CA is significantly lower at 6.15%. This suggests that while the housing market in 91406 Los Angeles is still appreciating, it is doing so at a slower rate than other markets around the United States. Despite this, it remains one of LA's most sought-after neighborhoods due to its prime location and desirable amenities.
The median home cost in Los Angeles (zip 91406) is $800,500. Home appreciation the last 10 years has been 137.7%. Home Appreciation in Los Angeles (zip 91406) is up 15.9%.
Average Age of Homes
- The median age of Los Angeles (zip 91406) real estate is 54 years old
The Rental Market in Los Angeles (zip 91406)
- Renters make up 55.1% of the Los Angeles (zip 91406) population
- 2.2% of houses and apartments in Los Angeles (zip 91406), 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.