CA · Metro #2

Los Angeles - CA housing market

The Los Angeles metro has a typical home value of $950,020, up 1.3% from a year ago. Homes sell in 26 days on average, a balanced market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$950,020
+1.3% vs. year ago
Median sale price
$964,851
+0.8% YoY
Median list price
$994,667
Sale-to-list ratio
99.9%
Selling below ask
Days on market
26d
Listings w/ price cut
24.4%
New listings / mo
7,287
+0.8% YoY
Homes for sale
26,407
-0.5% YoY
Typical rent
$2,929/mo
+1.9% YoY
Income needed to buy
$276,400
October 2026 report · Zillow data through September 2026

Los Angeles housing market, October 2026

The typical Los Angeles home is worth $950,020 as of September 2026, up 0.2% from the prior month, up 0.3% over three months, and up 1.3% from a year ago. Over the past two years values have ranged from $937,134 to $961,296.

Homes are going pending in about 26 days, slower than the 21 days seen three months earlier. There are roughly 26,407 homes for sale, 1% fewer than a year ago. 24.4% of listings have taken a price cut (up from 21.8% three months ago).

Typical rent is $2,929 a month, up 1.9% year over year, which puts the price-to-rent ratio at 27.0.

At this week's 7.40% mortgage rate with 20% down ($190,004), the typical Los Angeles home costs about $6,450 a month including tax and insurance, which needs a household income of roughly $276,400 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$961k$937kOct 24Oct 25Sep 26
Days to pending, 24 months
34d17dOct 24Oct 25Sep 26
Homes for sale, 24 months
26.7k18.1kOct 24Oct 25Sep 26

Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →

Context

How to read this data

The typical home value ($950,020) is the Zillow Home Value Index for the Los Angeles - CA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.3% over the past year. In Los Angeles - CA, that means a home worth $937,828 last year is now worth roughly $950,020.

The median sale price, what homes actually close for, is $964,851. Homes are selling at 99.9% of list price, meaning buyers have room to negotiate.

Homes listed in Los Angeles - CA sit on the market for roughly 26 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 7,287 new listings hit the market each month in Los Angeles - CA. There are currently 26,407 homes for sale, down 0.5% from a year ago.

The typical monthly rent in Los Angeles - CA is $2,929, up 1.9% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 27.0x, renting territory (#5 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $5,262 a month in principal and interest, $2,333 more than renting before taxes, insurance and upkeep. The two break even at a 2.31% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →

Related

Other metros in CA

MetroHome value1-yr changeDays on market
San Francisco - CA$1,120,379 +3.1% 16.0d
Riverside - CA$580,321 +0.6% 31.0d
San Diego - CA$926,961 +0.8% 25.0d
Sacramento - CA$572,813 +0.0% 22.0d
San Jose - CA$1,523,615 +0.2% 17.0d
Fresno - CA$404,052 +1.1% 21.0d
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