90016 Housing Market
Median List Price
$919,000
Updated August 2026
Today, the 90016 ZIP code in Los Angeles, CA has 55 homes for sale at a median list price of $919,000, typically selling in about 52 days.
90016 Housing Market Overview
The median list price in the 90016 ZIP code is $919,000. That runs roughly 16.5% lower than Los Angeles as a whole. Current inventory stands at 55 active listings.
Expect a median around $519,500 for one bedroom homes and $1.7M at the five bedroom end. February to July saw the median price go from $740,000 to $968,000, up about 30.8%.
90016 Area Market Pulse
Topfind Market Read
The picture is mixed here. 62% 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.
Median Home Price
$919K
↑ 8% 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
4.2 months of supply
Balanced Supply55 active listings currently on the market.
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.
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.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 90016 Area
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)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $305K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$451K)
Price Reductions
15 listings have reduced their price
27% of active listings
Average reduction: 5.7% (~$52K)
Browse 90016 Listings
Frequently Asked Questions about the 90016 Housing Market
What is the median home price in the 90016 ZIP code?
The median list price in the 90016 ZIP code is $919,000 as of August 2026, based on 55 active listings.
Is the 90016 ZIP code a buyer's market or a seller's market?
The 90016 ZIP code currently reads as a balanced market. Active inventory works out to about 4.2 months of supply at the recent sales pace.
How fast do homes sell in the 90016 ZIP code?
The average home currently for sale in the 90016 ZIP code has been on the market for 52 days.
Are home prices in the 90016 ZIP code going up or down?
The median sale price in the 90016 ZIP code is up about 8.4% compared with a year ago.
How many homes are for sale in the 90016 ZIP code?
There are 55 homes for sale in the 90016 ZIP code right now, including 1 listed within the last week.