Inglewood, California Housing Market

How much can you negotiate in Inglewood?

Only 35 out of every 100 homes for sale have found a buyer. The other 65 are still waiting. Your offer may be the only one on the table. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing, not from the whole market.

A typical Inglewood home takes 47 days to find a buyer. Half of them take even longer. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago. There are 123 homes for sale in Inglewood. That is the most in ten years. It is 4 times the low of Jan 2022. Every one of them competes with the house you want.

What to do about it

• Start in 90302, 90305, and 90303. Those are the three softest ZIP codes in Inglewood.
• Filter for homes listed 60+ days ago that have already cut their price.
• Offer below the reduced price.
• Keep your inspection and financing contingencies.
• In 90302 only 22 out of 100 homes have a buyer. You can lose a few offers there and still win.

Is now a good time to buy in Inglewood?

Asking prices are 12.9% below their Mar 2024 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Inglewood prices have risen in 81 of the last 108 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

There is no rush. Prices are still coming down. Watch the homes you like. Come back after they cut. Let the seller move first.

Who will rent from you in Inglewood?

Most Inglewood households rent. 65 out of every 100 households are renters. That share has held steady for five years. Inglewood added about 1,500 renter households in five years. Renter households here average 2.7 people. Families rent here. Buy bedrooms, not studios.

Households grew 5% in five years. The housing stock grew 6%. The two are moving in step. Just 6.0% of homes sit empty. A well-priced rental fills fast here.

The median Inglewood household earns $72,377 a year. Incomes here have grown 5.7% a year since 2019. Incomes are rising faster than home prices. Affordability is improving. A typical home costs 10.0 times the median income. Most locals cannot buy. That keeps rental demand deep. It also caps the rent they can pay. A tenant on the median income can pay about $1,809 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast.

That is the market, not your address. Run an address through the app to see its rent estimate and cash flow.

What numbers should you underwrite an Inglewood deal with?

• Price growth to assume — +1.9%/yr. Inglewood grew 4.9% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Inglewood grows about 1.9% a year. That is the number to type in. Prices fell 5.2% over the last year. That is a timing signal, not a trend.
• Months of carrying cost — 2. A typical home takes 47 days to sell. Budget that long when you exit or refinance.
• Odds you cut your price to sell — 1 in 6. About 16% of homes on the Inglewood market right now have already cut their asking price. Assume you are one of them when you sell. Do not underwrite an exit at your asking price.
• Comp on this, not median price — $539/sqft. The average listing runs +8% above the median. Luxury homes skew it. Comp your own size class per sqft.
• Competition when you exit — +45%. That is how much the number of homes for sale grew in a year. Your resale will face a bigger crowd than today's comps did.
• Price-to-income ratio — 10.0×. A typical home costs 10.0 times the median income. Most locals cannot buy. That keeps rental demand deep. It also caps the rent they can pay. Incomes are rising faster than home prices. Affordability is improving.
• Tenant rent ceiling — $1,809/mo. 30% of the median household income of $72,377. Rents above this line shrink your tenant pool fast.

Is Inglewood a buyer's or seller's market in 2026?

Yes, if you negotiate. Buyers have the upper hand in Inglewood right now. 35 out of every 100 homes for sale have a buyer, 16% of sellers have cut their price, and a typical home takes 47 days to sell.

Are Inglewood home prices going up or down?

Asking prices are 12.9% below their Mar 2024 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.

What price growth should I assume for Inglewood?

Assume +1.9% a year. Inglewood grew 4.9% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Inglewood grows about 1.9% a year. That is the number to type in. Prices fell 5.2% over the last year. That is a timing signal, not a trend.

How fast are homes selling in Inglewood?

A typical Inglewood home takes 47 days to find a buyer. Half of them take even longer. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago.

Is Inglewood a renters' market or an owners' market?

Most Inglewood households rent. 65 out of every 100 households are renters. That share has held steady for five years. Just 6.0% of homes sit empty. A well-priced rental fills fast here.

What rent can Inglewood tenants afford?

A tenant on the median income can pay about $1,809 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast. The median Inglewood household earns $72,377 a year.

Which Inglewood ZIP code has the most negotiating room?

90302. Only 22 out of 100 homes there have a buyer. 29% of sellers there have cut their price, and a typical home takes 54 days to sell.