In 91423 Los Angeles, CA, the median housing value is $1,306,800. This is significantly higher than the U.S. median of $338,100 and reflects the generally expensive cost of living in Los Angeles. Over the past year, house appreciation has been 6.15%, lower than the average 8.27% appreciation rate for houses across the United States. As a result, home values have increased at a slightly slower rate in this area compared to other parts of the country.
The median home cost in Los Angeles (zip 91423) is $1,306,800. Home appreciation the last 10 years has been 137.7%. Home Appreciation in Los Angeles (zip 91423) is up 15.9%.
Average Age of Homes
- The median age of Los Angeles (zip 91423) real estate is 52 years old
The Rental Market in Los Angeles (zip 91423)
- Renters make up 56.4% of the Los Angeles (zip 91423) population
- 2.2% of houses and apartments in Los Angeles (zip 91423), 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.