Los Angeles - CA housing market
The Los Angeles metro has a typical home value of $968,608, up 0.3% from a year ago. Homes are moving fast at 19 days on market - a strong seller's market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($968,608) 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 0.3% over the past year. In Los Angeles - CA, that means a home worth $965,711 last year is now worth roughly $968,608.
The median sale price , what homes actually close for , is $964,349. Homes are selling at 100.1% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Los Angeles - CA sit on the market for roughly 19 days before going pending. Shorter = seller's market; longer = buyer's market.
About 20.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 8,231 new listings hit the market each month in Los Angeles - CA. There are currently 24,355 homes for sale, up 2.9% from a year ago.
The typical monthly rent in Los Angeles - CA is $2,909, up 1.2% 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 | $1,149,215 | -0.8% | 14.0d |
| Riverside - CA | $585,378 | -0.8% | 25.0d |
| San Diego - CA | $946,365 | -1.1% | 16.0d |
| Sacramento - CA | $582,707 | -1.6% | 12.0d |
| San Jose - CA | $1,610,466 | -1.4% | 13.0d |
| Fresno - CA | $409,749 | +0.9% | 19.0d |