Los Angeles CA

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Los Angeles, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Los Angeles Housing Market Information

With 3,979,576 people, 1,373,864 houses or apartments, and a median cost of homes of $694,583, real estate costs in Los Angeles are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Large apartment complexes or high rise apartments are the single most common housing type in Los Angeles, accounting for 46.37% of the city's housing units. Other types of housing that are prevalent in Los Angeles include single-family detached homes ( 38.21%), duplexes, homes converted to apartments or other small apartment buildings ( 8.69%), and a few row houses and other attached homes ( 6.04%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

People in Los Angeles primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Los Angeles has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Los Angeles's housing was primarily built during this period, from the '40s through the '60s. A full 41.67% of the city's housing hails from this era. Other housing ages represented in Los Angeles include homes built between 1970-1999 ( 29.72%) and housing constructed before 1939 ( 20.48%). There's also some housing in Los Angeles built between 2000 and later ( 8.13%).

Los Angeles Home Appreciation Rates

In the last 10 years, Los Angeles has experienced some of the highest home appreciation rates of any community in the nation. Los Angeles real estate appreciated 94.32% over the last ten years, which is an average annual home appreciation rate of 6.87%, putting Los Angeles in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Los Angeles definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Los Angeles's appreciation rate, at 4.51%, has been at or slightly above the national average. In the latest quarter, Los Angeles's appreciation rate has been 1.71%, which annualizes to a rate of 7.00%.

Relative to California, our data show that Los Angeles's latest annual appreciation rate is higher than 70% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Los Angeles differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Los Angeles - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Los Angeles real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,289,000 14.2
$967,001 - $1,289,000 11.5
$644,001 - $967,000 27.6
$516,001 - $644,000 17.2
$387,001 - $516,000 15.8
$258,001 - $387,000 8.7
$129,001 - $258,000 2.5
$64,001 - $129,000 0.9
$0 - $64,000 1.7

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
3.64379562043796 29.0956749672346

Number Of Homes And Apartments:

Los Angeles Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
225.72% 5.86%
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,011 / per month

Homeownership Rate

Owners 36.04
Renters 63.96
Vacant 6.80

Housing Market Details


Age of Homes

AGE OF Los Angeles HOMES
2000 or Newer 8.1
1970 - 1999 29.7
1940 - 1969 41.7
1939 or Older 20.5

Types of Homes

Single-Family 38.2
Townhomes 6.0
Small Apt. Buildings 8.7
Apt. Complexes 46.4
Mobile Homes 0.6
Other 0.1

Home Size

No Bedroom 10.36
1 Bedroom 24.48
2 Bedrooms 31.10
3 Bedrooms 22.43
4 Bedrooms 8.91
5 or more bedrooms 2.71