Aug 2026
$1.1M
-0.9% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Los Angeles, CA housing market
Los Angeles, CA median sale price $1.1M in Aug 2026, down 0.9% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in Los Angeles, CA is $1.1M as of Aug 2026, down 0.9% from a year earlier. The decline is steeper than in most of the 195 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 1.2% through Q2 2026.
On median sale price, Los Angeles ($1.1M) ranks 3rd of the 13 California metros Pecan Street tracks, between San Jose ($1.4M) and San Diego ($990K). On median days on market, Los Angeles (55 days) ranks 6th of the 13 California metros, between Oxnard / Thousand Oaks (56 days) and Santa Rosa (55 days). On share of listings with a price cut, Los Angeles (30%) ranks 12th of the 13 California metros, between Riverside / San Bernardino (30%) and San Francisco (28%).
Listings spent a median 55 days on market in Sep 2026. 30% of active listings carry a price cut, 0.7 points fewer than a year earlier. That share is lower than in most of the 195 metros. Median asking prices sit about 3% below the median sale price. Building permits authorized 3,752 new housing units in Aug 2026.
At the 7.45% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $5,910 a month; at 28% of gross income, that takes about $253K a year. The median sale price equals about 24 years of HUD Fair Market Rent, a ratio down 3.0% from a year earlier. That ratio is the 11th-highest of the 195 metros. Active listings ask a median $647 per square foot, down 2.2% from a year earlier.
In nine of the 12 ZIP codes in the table below, median list prices are lower than a year earlier; three are higher.
Headline
Oct 6, 2026
7.45%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$5,910/mo
$253K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Los Angeles compares to other U.S. metros
| Price-to-rent | ↑11th of 195 (top 6%) |
|---|---|
| Asking-vs-sale gap | ↓73rd of 86 |
| Price cuts | ↓163rd of 195 |
| Home-price growth | ↓148th of 195 |
| Days on market | 111th of 195 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 24 -3.0% YoY ↑11th of 195 (top 6%) |
|---|---|
| Asking price / sq ft | $647 -2.2% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 30% -0.7 pts YoY ↓163rd of 195 |
|---|---|
| New housing units permitted | 3,752 |
The median asking price $1.0M runs about 3% below the median sale price $1.1M.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 363 |
|---|---|
| MLS board of record | California Regional MLS (CRMLS) |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
amber · 2.1ppRedfin (city) -0.9% | FHFA HPI · Q2 2026 +1.2% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in CA
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 90046 | $1.8M↓ | 232↓ | 62↑ | 28↓ | 58↓ | $1.4M↓ |
| 90049 | $3.8M↓ | 218↓ | 60↓ | 38↓ | 67↑ | $3.0M↑ |
| 90069 | $2.1M↑ | 259↑ | 76↑ | 42↑ | 58↑ | $1.2M↓ |
| 90210 | $8.2M↑ | 246↑ | 40↓ | 16↓ | 78↓ | $5.4M↑ |
| 90265 | $5.9M↓ | 321↑ | 42↓ | 36↓ | 84↓ | $3.2M↑ |
| 90802 | $491K↓ | 165↓ | 40↑ | 58↓ | 65 | $481K↓ |
| 91302 | $3.5M↑ | 159↓ | 40↓ | 24↓ | 72↓ | $1.9M↑ |
| 92618 | $1.7M↓ | 239↓ | 78↓ | 90↓ | 57↓ | $1.5M↓ |
| 92630 | $1.2M↓ | 165↑ | 62↑ | 66↑ | 63↑ | $1.2M↑ |
| 93535 | $448K↓ | 201↓ | 68↓ | 74↓ | 55↑ | $427K↓ |
| 93536 | $550K↓ | 261↓ | 80↓ | 80↑ | 51↓ | $534K↑ |
| 93551 | $639K↓ | 205↓ | 82↑ | 64↓ | 58↑ | $590K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.