1 / 20
Price cut: $60,000 (7/28)
VIRTUAL TOUR
$599,000FOR SALE
1 beds · 1 baths · 1,018 sqft
Sotheby's International Realty
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56 homes in 90016
Homes for Sale in 90016
Los Angeles, CA
5587 1/2 Village, Los Angeles, CA 90016
1 / 10
Price cut: $124,950 (8/7)
$875,000FOR SALE
3 beds · 2 baths · 1,528 sqft
KEITHLY CAPITAL ADVISORS, INC
1 / 20
Price cut: $40,000 (6/30)
VIRTUAL TOUR
$449,999FOR SALE
2 beds · 2 baths · 867 sqft
LA Realty & Development
1 / 20
Price cut: $50,000 (8/19)
VIRTUAL TOUR
$1,300,000FOR SALE
8 beds · 4 baths · 2,590 sqft
Re/Max Champions/WC
1 / 20
Price cut: $26,000 (7/17)
VIRTUAL TOUR
$459,000FOR SALE
2 beds · 2 baths · 867 sqft
JohnHart Corp.
1 / 20
Price cut: $121,999 (5/30)
$878,000FOR SALE
3 beds · 2 baths · 968 sqft
GOLDEN PATH REALTY CORP.
1 / 20
$685,000FOR SALE
2 beds · 1 baths · 818 sqft
Compass
1 / 20
$1,098,000FOR SALE
3 beds · 2 baths · 1,222 sqft
Coldwell Banker Realty
1 / 20
VIRTUAL TOUR
$1,549,000FOR SALE
3 beds · 3 baths · 1,482 sqft
Rodeo Realty
1 / 20
VIRTUAL TOUR
$1,289,000FOR SALE
4 beds · 3 baths · 2,102 sqft
eXp Realty of California Inc
Price cut: $100,000 (7/24)
$800,000FOR SALE
2 beds · 1 baths · 1,310 sqft
Realty Options Plus, Inc.
1 / 15
NEW 1 DAY AGO
$1,299,000FOR SALE
6 beds · 4 baths · 2,595 sqft
CENTURY 21 MASTERS
1 / 10
$1,100,000FOR SALE
2 beds · 1 baths · 1,078 sqft
Treneatra A. Farmer
1 / 16
$450,000FOR SALE
1 beds · 1 baths · 925 sqft
Compass
1 / 11
$425,000FOR SALE
2 beds · 1 baths · 808 sqft
JP Salinger Realtors
VIRTUAL TOUR
$995,000FOR SALE
3 beds · 1 baths · 1,276 sqft
Vista Sotheby’s International Realty
About 90016 Real Estate
About Los Angeles: The 90016 ZIP code is in Los Angeles, CA. Los Angeles is the most populous city in the U.S. state of California, and the commercial, financial, and cultural center of Southern California. With an estimated 3.87 million residents within the city limits as of 2025, it is the second-most populous city in the United States, behind New York City, and the largest city in the Western United States. The city has an ethnically and culturally diverse population, and is the principal city of a metropolitan area of 12.9 million people (2024). Greater Los Angeles, a combined statistical area that includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is a sprawling metropolis of over 18 million residents.
Today, the 90016 area has 56 homes for sale with a median listing price of $899K. The average price per square foot is $707.
90016 Area Market Pulse
Topfind Market Read
The picture is mixed here. 63% of current listings are under 30 days old, yet sale prices have eased 8% over the last six months, though they remain 8% above a year ago, and the typical home takes about 52 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Buyer leverageBalancedSeller leverage
Median Home Price
$899K
↑ 8% over the past yearChart shows the median closed sale price by month
$1.3M$1.1M$870.7K$666K
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
4.3 months of supply
Balanced Supply56 active listings currently on the market.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
4.3
0369+
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~52 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
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 8% over the last six months.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 90016 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
36%
Homeowners
64%
Renters
Homeownership is 19.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
1,419,663 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
1 Bed$528K
2 Bed$718K
3 Bed$1.1M
4 Bed$1.3M
5 Bed$1.8M
Each additional bedroom adds about $326K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$522K)
Price Reductions
16
16 listings have reduced their price
29% of active listings
Average reduction: 6.0% (~$54K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Los Angeles
Frequently Asked Questions about Homes for Sale in 90016, CA
How many homes are for sale in 90016, CA?
There are currently 56 homes for sale in 90016, ranging from $375,000 to $2,850,000. 1 of them hit the market within the last week.
What is the median home price in 90016?
The median list price in 90016 is $899,000. Price per square foot averages $707. Prices are up 8.4% compared to a year ago.
How fast do homes sell in 90016?
Homes in 90016 currently average 52 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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