Home Values in Los Angeles, California — 2026 Market Report
Updated March 2026 | Seller's Market | +4.5% YoY
The median home value in Los Angeles, California is $925,000 as of March 2026, which is above the national median of $400,000. Home values in Los Angeles have increased by 4.5% over the past year and 24.6% over the last five years. With a population of 3,979,576 and a median household income of $65,290, the price-to-income ratio stands at 14.2x, making Los Angeles affordable for the average household.
Los Angeles Housing Market Conditions
| Metric | Los Angeles | National Avg |
|---|---|---|
| Median Home Value | $925,000 | $400,000 |
| YoY Appreciation | +4.5% | +3.8% |
| 5-Year Appreciation | +24.6% | +22.4% |
| Price per Sq Ft | $818 | $222 |
| Days on Market | 51 days | 45 days |
| Months of Supply | 1.9 | 3.5 |
| List-to-Sale Ratio | 99.3% | 98.5% |
| Monthly Homes Sold | 3,263 | — |
| Foreclosure Rate | 0.18% | 0.3% |
Home Value Trends in Los Angeles
A homeowner who purchased at the median price of $742,376 five years ago in Los Angeles would have gained approximately $182,624 in equity, representing a 24.6% return on investment. Over the past year alone, the typical homeowner gained $39,833 in home equity.
Affordability in Los Angeles, CA
With a median household income of $65,290 and a median home price of $925,000, the price-to-income ratio in Los Angeles is 14.2x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $7,056 compared to estimated monthly ownership costs of $4,979 gives a rent-vs-buy ratio of 0.71. In Los Angeles, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Los Angeles
The effective property tax rate in California is 0.76%. On a home valued at $925,000, the estimated annual property tax bill is $7,030, or approximately $586/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Los Angeles is 166.2 (100 = national average), indicating living costs are above the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Los Angeles, CA?
The median home value in Los Angeles, California is $925,000 as of March 2026. Home values have changed +4.5% over the past year, with a 5-year appreciation of 24.6%.
Is Los Angeles a buyer's or seller's market?
Los Angeles is currently a seller's market with 1.9 months of housing supply. Homes spend an average of 51 days on market, and the list-to-sale price ratio is 99.3%. Low inventory gives sellers an advantage.
Are home values going up in Los Angeles?
Yes, home values in Los Angeles have increased by 4.5% over the past year. The 5-year appreciation rate is 24.6%, meaning a home worth $742,376 five years ago is now worth $925,000.
Is it better to rent or buy in Los Angeles?
The average monthly rent in Los Angeles is $7,056, while estimated monthly homeownership costs are approximately $4,979. The price-to-rent ratio is 10.9. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other California Cities
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Disclaimer: Home value data for Los Angeles, California is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.