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Featured local agent — Los Angeles, CA
Sarah Mitchell
Compass Real Estate · Los Angeles, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Los Angeles, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.05Mmedian sale price
How is the Los Angeles, CA housing market right now?
The median home sale price in Los Angeles, CA is $1.05M, down 0.1% year-over-year. Homes sell in an average of 50 days with 7,770 active listings. The market is currently a balanced 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 Los Angeles a buyer's or seller's market?
Los Angeles, CA is currently a balanced market, based on 4.9 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
1,601
Last 12 weeks
Days on market
50
Average pace
Active listings
7,770
4.9 months supply
Sale-to-list
99.5%
Below asking
What does the Los Angeles housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.05M |
| Median list price | $1.13M |
| Year-over-year price change | -0.1% |
| Average days on market | 50 days |
| Active inventory | 7,770 listings |
| Months of supply | 4.9 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $634/sq ft |
| Homes sold (latest month) | 1,601 |
| New listings (latest month) | 2,534 |
| Listings with a price cut | 20.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Los Angeles by property type?
How the Los Angeles, 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 | $1.25M | $694/sq ft | 1,091 | 43 days |
| Condo / Co-op | $690,000 | $573/sq ft | 291 | 66 days |
| Townhouse | $629,000 | $457/sq ft | 80 | 59 days |
Source: Redfin · Updated monthly
The Los Angeles housing market is currently classified as a balanced market with a median sale price of $1.05M. Prices have fallen 0.1% compared to last year, with homes spending an average of 50 days on market, indicating 4.9 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 11.8x provides context for how home values compare to local earning capacity.
Homes for sale in Los Angeles
There are currently 7,770 homes listed for sale in Los Angeles, California. The median listing price is $1.1M.
Active listings
7,770
Homes on market
Median list price
$1.1M
Avg. days on market
50
Days until sale
New this week
2,534
Newly listed
Who lives in Los Angeles?
Population
3,857,897
Median income
$80,366/yr
Median age
36.9 years
Owner-occupied
36.3%
College grads
37.8%
Avg commute
31.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Los Angeles?
Zillow home value
$949,479
Zillow rent index
$2,773/mo
Price-to-rent ratio
28.5x
Price-to-income
11.8x
Source: Zillow Research
What is it like to live in Los Angeles?
Los Angeles is a community of approximately 3858K residents with a median age of 36.9 years.The median household income is $80,366, which reflects a relatively affluent area with strong earning potential. 37.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 36.3%, showing a blend of owner and renter-occupied properties. The average commute time is 31.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Los Angeles offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Los Angeles?
50 schools tracked · 62,903 students
The largest public schools serving Los Angeles, 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.
James A. Garfield Senior High
Grades 9-12 · 2,223 students
Venice Senior High
Grades 9-12 · 2,223 students
Alexander Hamilton Senior High
Grades 9-12 · 2,107 students
Eagle Rock High
Grades 7-12 · 2,059 students
John C. Fremont Senior High
Grades 9-12 · 2,002 students
John Marshall Senior High
Grades 9-12 · 1,903 students
Paul Revere Charter Middle
Grades 6-8 · 1,750 students
Santee Education Complex
Grades 9-12 · 1,680 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 Los Angeles, CA?
Want a head-to-head view? Compare Los Angeles side-by-side with any other U.S. city using our market-comparison tool.
Is Los Angeles a good real estate investment market?
For investors evaluating Los Angeles, the price-to-rent ratio of 28.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Los Angeles's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Los Angeles's median home price.
Frequently asked questions
What is the average home price in Los Angeles?
The median home sale price in Los Angeles is $1.05M, down 0.1% from last year.
How long do homes stay on market in Los Angeles?
Homes typically spend 50 days on market before going under contract.
What is the median income in Los Angeles?
The median household income is $80,366 per year.
Is Los Angeles a buyer's or seller's market?
With 4.9 months of supply, Los Angeles is currently a balanced market.
What is the Zillow home value estimate for Los Angeles?
The Zillow Home Value Index (ZHVI) for Los Angeles is $949,479, representing the typical home value in the area.
What is the median condo price in Los Angeles?
The median condo/co-op sale price in Los Angeles, CA is $690,000, compared to $1.25M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Los Angeles?
The median single-family home price in Los Angeles, CA is $1.25M (about $694 per square foot).
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