Los Angeles, CA


Highest Appreciating Los Angeles Neighborhoods Since 2000

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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Los Angeles Housing Market Information

With 3,976,322 people, 1,342,761 houses or apartments, and a median cost of homes of $581,797, 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 46.13% of the city's housing units. Other types of housing that are prevalent in Los Angeles include single-family detached homes ( 38.71%), duplexes, homes converted to apartments or other small apartment buildings ( 8.48%), and a few row houses and other attached homes ( 6.02%). 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 42.42% of the city's housing hails from this era. Other housing ages represented in Los Angeles include homes built between 1970-1999 ( 29.54%) and housing constructed before 1939 ( 20.79%). There's also some housing in Los Angeles built between 2000 and later ( 7.25%).

Los Angeles Home Appreciation Rates

Appreciation rates for homes in Los Angeles have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.32%, which ranks in the top 40% nationwide. This equates to an annual average Los Angeles house appreciation rate of 1.17%.

Appreciation rates are so strong in Los Angeles that despite a nationwide downturn in the housing market, Los Angeles real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Los Angeles appreciation rates continue to be some of the highest in America, at 8.69%, which is higher than appreciation rates in 88.89% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Los Angeles. Los Angeles appreciation rates in the latest quarter were at 1.87%, which equates to an annual appreciation rate of 7.69%.

Relative to California, our data show that Los Angeles's latest annual appreciation rate is higher than 60% 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
> $1,431,000 8.7
$1,073,001 - $1,431,000 7.8
$715,001 - $1,073,000 19.6
$572,001 - $715,000 15.6
$429,001 - $572,000 21.6
$286,001 - $429,000 16.3
$143,001 - $286,000 7.0
$71,001 - $143,000 1.2
$0 - $71,000 2.2

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
4.56701212014755 32.2751322751323

Number Of Homes And Apartments:

Los Angeles Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
Since 2000:
2000 Q1 - 2017 Q3
174.06% 5.84% 10 10
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,682 / per month

Homeownership Rate

Owners 36.04
Renters 63.96
Vacant 6.53

Housing Market Details


Age of Homes

AGE OF Los Angeles HOMES
2000 or Newer 7.3
1970 - 1999 29.5
1940 - 1969 42.4
1939 or Older 20.8

Types of Homes

Single-Family 38.7
Townhomes 6.0
Small Apt. Buildings 8.5
Apt. Complexes 46.1
Mobile Homes 0.6
Other 0.0

Home Size

No Bedroom 9.58
1 Bedroom 25.23
2 Bedrooms 31.47
3 Bedrooms 22.36
4 Bedrooms 8.61
5 or more bedrooms 2.74