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Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Los Angeles is about $1,024,000 as of Oct 2026, down 9.7% from a year ago. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Yes, if you negotiate. Buyers have more room in Los Angeles than usual. Compared with 2017–2019 at this time of year, there are 21 pending sales per 100 listings, against 50 then, and listings spend 44% more days on the market. There are more homes for sale than at any time in ten years. Sellers are competing harder for you than they used to. Use it.
There are 2,758 homes for sale in Los Angeles, 43% more than in 2017–2019 at this time of year. The build-up is biggest in 90014 (25 for sale, 257% above its 2017–2019 level) and 90013 (64 for sale, 174% above its 2017–2019 level). More choice means you can walk away from any home priced for the market of three years ago.
The population in Los Angeles's ZIP codes fell 3.4% over five years. 8.6% of homes are vacant, higher than 65% of tracked cities. Households still grew 3.8% while the housing stock grew 4.2%. Fewer people living in more households means rental demand has held up better than the population suggests. Check vacancy by ZIP before you buy.
For every 100 homes still for sale, 21 are under contract. In 2017–2019 at this time of year it was 50. The rest are still waiting for a buyer. Few sellers are dropping their price. Your discount will come from one stale listing.
Los Angeles listings spend a median 58 days on the market. There are 2,758 homes for sale in Los Angeles. That is the most in ten years. It is 3 times the low of Jan 2022. Every one of them competes with the house you want.
Most Los Angeles households rent. 74 out of every 100 households are renters. That share has held steady for five years. Los Angeles added about 27,000 renter households in five years. Renter households average 2.4 people. Two and three bedrooms fit the typical renter.
The median Los Angeles household earns $76,702 a year. Incomes here have grown 6.1% a year since 2019. Incomes are rising faster than home prices. Affordability is improving. A typical home costs 13.3 times the median income. Most locals cannot buy. That keeps rental demand deep. It also caps the rent they can pay. At 30% of income, a tenant on the median income can pay about $1,918 a month.
To see what one Los Angeles address would rent for and cash flow, run it through the app.
Ranked among the 141 California markets we track:
HUD sets one fair market rent for Los Angeles County. For fiscal year 2026:
The figures include tenant-paid utilities and apply to all of Los Angeles County, so one home's rent can sit well above or below them. See fair market rent by city.
Read what days on market tells you about leverage and how we read these numbers, then run the numbers on a deal.
The median asking price in Los Angeles is about $1,024,000 as of Oct 2026, down 9.7% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Los Angeles figures cover 50 of the 90 ZIP codes with a Los Angeles mailing address, so citywide counts such as homes for sale run low.
Buyers have more room in Los Angeles than usual. We compare Los Angeles with 2017–2019 at this time of year: there are 21 pending sales per 100 listings, against 50 then; listings spend 44% more days on the market; there are 43% more homes for sale.
The median asking price is 16.7% below its Mar 2024 peak. Per square foot the gap is smaller: 9.2% below the Mar 2025 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.
90014. Only 8 homes under contract for every 100 still for sale. 0% of sellers there have cut their price, and listings there spend a median 121 days on the market.
Across 9 full years, Los Angeles asking prices ran lowest in January, about 6.1% below the year's average. They peaked in June. The most homes for sale show up in October, about 14% above the yearly average.
HUD's fiscal year 2026 fair market rent for Los Angeles County is $2,601 a month for 2 bedrooms and $3,298 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
No ZIP is on both lists. In Los Angeles you pick leverage or growth. You cannot have both.
| ZIP | $/sqft, 2 yrs | $/sqft now | Buyers per home | For sale |
|---|---|---|---|---|
| 90026 | +2.6% | $802 | 0.15 | 71 |
| 90045 | +1.6% | $894 | 0.38 | 69 |
| 90011 | +0.9% | $537 | 0.35 | 23 |
| 90044 | +0.1% | $550 | 0.37 | 51 |
| 90047 | +0.0% | $574 | 0.44 | 78 |
Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.
Los Angeles has 90 ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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