Los Angeles - CA housing market
The Los Angeles metro has a typical home value of $968,028, up 0.6% from a year ago. Homes sell in 21 days on average, a balanced market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($968,028) 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 0.6% over the past year. In Los Angeles - CA, that means a home worth $962,254 last year is now worth roughly $968,028.
The median sale price , what homes actually close for , is $971,843. Homes are selling at 100.3% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Los Angeles - CA sit on the market for roughly 21 days before going pending. Shorter = seller's market; longer = buyer's market.
About 21.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 8,126 new listings hit the market each month in Los Angeles - CA. There are currently 25,287 homes for sale, up 0.6% from a year ago.
The typical monthly rent in Los Angeles - CA is $2,927, up 1.4% year over year. For investors, the price-to-rent ratio here is roughly 28x annual rent.
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.
Other metros in CA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| San Francisco - CA | $1,142,320 | +0.1% | 15.0d |
| Riverside - CA | $586,047 | -0.6% | 26.0d |
| San Diego - CA | $940,998 | -0.6% | 17.0d |
| Sacramento - CA | $584,122 | -1.3% | 14.0d |
| San Jose - CA | $1,583,961 | -0.9% | 16.0d |
| Fresno - CA | $411,441 | +0.9% | 19.0d |