Los Angeles, CA Housing Market
Median List Price
$1,100,000
Updated August 2026
Today, Los Angeles has 3,835 homes for sale at a median list price of $1,100,000, typically selling in about 58 days.
Los Angeles Market Analysis
The median list price in Los Angeles, CA is $1.1M. Current inventory stands at 3,835 active listings. 1,256 new listings came on the market in the last 30 days.
Expect a median around $454,500 for studio homes and $8.5M at the nine bedroom end. Single family homes lead the mix at 58.8%, with condos accounting for another 34.6%. February to July saw the median price go from $1.1M to $1.1M, up about 4.5%. Median pricing works out to $714 per square foot.
Homes here typically go under contract in about 20 days. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Los Angeles, CA covers 104 ZIP codes, among them 90049, 90046, and 90024.
Los Angeles Rental Market
The median asking rent in Los Angeles, CA is $3,995. Current inventory stands at 3,289 active rental listings. February to July saw the median rent go from $3,750 to $3,895, up about 3.9%.
Los Angeles Market Pulse
Topfind Market Read
The picture is mixed here. Sales volume is up 26% versus six months ago, yet 7.2 months of supply is more than current demand absorbs, and the typical home takes about 58 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.10M
↑ 4% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
7.2 months of supply
Ample Supply3,835 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~58 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 20% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 53% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Los Angeles
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
36%
Homeowners
64%
Renters
Homeownership is 19.5 points lower than the California average (55.5%)
1,419,663 households (2023)
Affordability Snapshot
Typical home cost
$7,384/mo
Actual housing expense
Affordable budget (28%)
$1,875/mo
Based on median income
Median household income
$6,697/mo
Los Angeles
A typical home costs about 110% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$316K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.0M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.9M)
Price Reductions
1228 listings have reduced their price
32% of active listings
Average reduction: 7.8% (~$86K)
Browse Los Angeles Listings
Frequently Asked Questions about the Los Angeles, CA Housing Market
What is the median home price in Los Angeles, CA?
The median list price in Los Angeles is $1,100,000 as of August 2026, based on 3,835 active listings.
Is Los Angeles a buyer's market or a seller's market?
Los Angeles currently reads as a balanced market. Active inventory works out to about 7.2 months of supply at the recent sales pace.
How fast do homes sell in Los Angeles?
Homes that closed in the last 90 days typically went under contract in about 20 days. The average home currently for sale has been on the market for 58 days.
Are home prices in Los Angeles going up or down?
The median sale price in Los Angeles is up about 3.7% compared with a year ago.
How many homes are for sale in Los Angeles, CA?
There are 3,835 homes for sale in Los Angeles right now, including 320 listed within the last week.
What is the median rent in Los Angeles?
The median asking rent in Los Angeles is $3,995 per month, across 3,289 active rental listings.