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Featured local agent — Lomita, CA
Sarah Mitchell
Compass Real Estate · Lomita, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lomita, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.04Mmedian sale price
How is the Lomita, CA housing market right now?
The median home sale price in Lomita, CA is $1.04M, up 4.9% year-over-year. Homes sell in an average of 25 days with 18 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lomita a buyer's or seller's market?
Lomita, CA is currently a seller's market, based on 2.3 months of supply and homes selling in about 25 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
25
Average pace
Active listings
18
2.3 months supply
Sale-to-list
99.2%
Below asking
What does the Lomita housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.04M |
| Median list price | $995,000 |
| Year-over-year price change | +4.9% |
| Average days on market | 25 days |
| Active inventory | 18 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 99.2% |
| Median price per sq ft | $616/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 9 |
| Listings with a price cut | 38.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lomita by property type?
How the Lomita, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.16M | $764/sq ft | 6 | 27 days |
| Condo / Co-op | $870,000 | $410/sq ft | 1 | 22 days |
| Townhouse | $759,000 | $579/sq ft | 1 | 86 days |
Source: Redfin · Updated monthly
The Lomita housing market is currently classified as a seller's market with a median sale price of $1.04M. Prices have risen 4.9% compared to last year, with homes spending an average of 25 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Lomita
There are currently 18 homes listed for sale in Lomita, California. The median listing price is $995K.
Active listings
18
Homes on market
Median list price
$995K
Avg. days on market
25
Days until sale
New this week
9
Newly listed
Who lives in Lomita?
Population
20,409
Median income
$92,920/yr
Median age
39 years
Owner-occupied
46.1%
College grads
38.1%
Avg commute
26.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Lomita?
Zillow home value
$924,620
Zillow rent index
$3,185/mo
Price-to-rent ratio
24.2x
Price-to-income
10.0x
Source: Zillow Research
What is it like to live in Lomita?
Lomita is a community of approximately 20K residents with a median age of 39 years.The median household income is $92,920, which reflects a relatively affluent area with strong earning potential. 38.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 46.1%, showing a blend of owner and renter-occupied properties. The average commute time is 26.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lomita offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lomita?
3 schools tracked · 2,420 students
The largest public schools serving Lomita, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Alexander Fleming Middle
Grades 6-8 · 1,122 students
Lomita Math/Science/Technology Magnet
Grades K-5 · 852 students
Eshelman Avenue Elementary
Grades K-5 · 446 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lomita, CA?
Want a head-to-head view? Compare Lomita side-by-side with any other U.S. city using our market-comparison tool.
Is Lomita a good real estate investment market?
For investors evaluating Lomita, the price-to-rent ratio of 24.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lomita's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lomita's median home price.
Frequently asked questions
What is the average home price in Lomita?
The median home sale price in Lomita is $1.04M, up 4.9% from last year.
How long do homes stay on market in Lomita?
Homes typically spend 25 days on market before going under contract.
What is the median income in Lomita?
The median household income is $92,920 per year.
Is Lomita a buyer's or seller's market?
With 2.3 months of supply, Lomita is currently a seller's market.
What is the Zillow home value estimate for Lomita?
The Zillow Home Value Index (ZHVI) for Lomita is $924,620, representing the typical home value in the area.
What is the median condo price in Lomita?
The median condo/co-op sale price in Lomita, CA is $870,000, compared to $1.16M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lomita?
The median single-family home price in Lomita, CA is $1.16M (about $764 per square foot).
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