The housing market in Central, LA (zip code 70770) is thriving. The median value of homes in the area is significantly lower than the national median of $338,100, at just $231,700. However, what it lacks in price it makes up for in appreciation; over the past year houses in Central LA have appreciated by 13.15% compared to 8.27% nationally. This makes Central LA an attractive investment opportunity and a great place to buy a house right now.
The median home cost in Central (zip 70770) is $231,700. Home appreciation the last 10 years has been 51.4%. Home Appreciation in Central (zip 70770) is up 13.2%.
Average Age of Homes
- The median age of Central (zip 70770) real estate is 38 years old
The Rental Market in Central (zip 70770)
- Renters make up 4.3% of the Central (zip 70770) population
- 0.0% of houses and apartments in Central (zip 70770), 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.