90048 Housing Market
Median List Price
$2,669,500
Updated August 2026
Today, the 90048 ZIP code in Los Angeles, CA has 92 homes for sale at a median list price of $2,669,500, typically selling in about 55 days.
90048 Housing Market Overview
Buyers in the 90048 ZIP code are looking at a median list price of $2.7M. That runs roughly 142.7% higher than Los Angeles as a whole. Since February, the median price has moved up about 1.3% to $1.9M as of July. The 90048 ZIP code has 92 active listings on the market right now. Pricing spreads from a $600,000 median for one bedroom homes to $4M for six bedroom homes.
90048 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 9.2 months of supply is more than current demand absorbs, and sale prices have eased 18% over the last six months and are 23% below a year ago. At the same time, sales volume is up 13% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$2.67M
↓ 23% 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
9.2 months of supply
Ample Supply92 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 ~55 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 slowdown has deepened 23% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 42% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 90048 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
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $686K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.2M)
Price Reductions
26 listings have reduced their price
28% of active listings
Average reduction: 5.2% (~$139K)
Browse 90048 Listings
Frequently Asked Questions about the 90048 Housing Market
What is the median home price in the 90048 ZIP code?
The median list price in the 90048 ZIP code is $2,669,500 as of August 2026, based on 92 active listings.
Is the 90048 ZIP code a buyer's market or a seller's market?
The 90048 ZIP code currently reads as a balanced market. Active inventory works out to about 9.2 months of supply at the recent sales pace.
How fast do homes sell in the 90048 ZIP code?
The average home currently for sale in the 90048 ZIP code has been on the market for 55 days.
Are home prices in the 90048 ZIP code going up or down?
The median sale price in the 90048 ZIP code is down about 23.5% compared with a year ago.
How many homes are for sale in the 90048 ZIP code?
There are 92 homes for sale in the 90048 ZIP code right now, including 7 listed within the last week.