| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $1.03M | -5.9% YoY |
| Median price per sq ft | $647 | 1,702 sq ft median |
| Median days on market | 55 | -4% YoY |
| Active listings | 20,130 | +4% YoY |
| New listings this month | 7,762 | September 2026 |
| Listings with a price cut | 17% | Share of active |
| Median sale price (closed) | $925,000 | -0.4% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 99.5% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 33.0% | 6,636 pending |
| Inventory vs 2019 | 98% | Active listings vs same month in 2019 |
| Gross rental yield | 3.2% | 2BR fair market rent |
Global gateway market · California · September 2026 data
What is the Los Angeles, CA real estate market doing?
As of September 2026, the median home listed in Los Angeles, CA asks $1.03M, down 5.9% year over year. Homes spend a median of 55 days on market, with 20,130 active listings and 17% carrying a price cut; pending contracts equal 33% of active listings, and inventory sits at 98% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 3.2%. Figures come from public records and industry data, updated monthly.
Median listing price
$1.03M
▼ 5.9% YoY
Median $ / sq ft
$647
1,702 sq ft median
Median days on market
55
September 2026
Active listings
20,130
For sale now
New listings
7,762
September 2026
Listings with price cuts
17%
Share of active
Inventory vs 2019
98%
Same month, 2019 = 100
Pending / active
33%
Contract activity
Median sale price (closed)
$925,000
▼ 0.4% YoY · closed sales · July 2026
Sale-to-list ratio
99.5%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
4,097
Closed sales · July 2026, seasonally adjusted
What is the Los Angeles, CA housing market doing right now?
The Los Angeles, CA housing market lists at a $1.03M median as of September 2026, down 5.9% year over year, with a 55-day median market time and 20,130 homes for sale (17% with a price cut). Active inventory is 98% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 3.2%.
Los Angeles housing market statistics
The table summarizes Los Angeles's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Los Angeles.
How have home prices changed in Los Angeles?
Los Angeles home prices are down 5.9% year over year and -1.5% month over month as of September 2026, at a $1.03M median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Los Angeles CA · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Los Angeles CA · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Los Angeles?
Los Angeles has 20,130 active listings, 7,762 new this month, 6,636 pending as of September 2026. About 17% of active listings have cut their price, and inventory sits at 98% of its 2019 level — a balanced market by pace.
Is Los Angeles a good real estate investment?
Los Angeles scores 37/100 on WealthyBud's composite Investor Score, ranking #723 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
37/100
#723 of 933 covered metros
Los Angeles scores 37/100 on our composite Investor Score (#723 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; at the published FY2026 fair market rent of $2,755/mo for a two-bedroom, the gross rental yield on the median listing is about 3.2%; active inventory sits at 98% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 5.9% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Los Angeles ranks on the trending markets index.
How much is a monthly mortgage payment in Los Angeles?
A home at Los Angeles's $1.03M median listing runs about $5,663 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$5,112/mo
−$551/mo vs today
At today's rate · 7.28%
$5,663/mo
National weekly average
If rates rise 1% · 8.28%
$6,235/mo
+$572/mo vs today
Principal & interest on the $1.03M median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Los Angeles?
To buy Los Angeles’s $1.03M median listing with 20% down, a household needs about $268,000 a year in gross income, keeping principal, interest and property tax ($6,249/mo) at 28% of income. That is 2.9× the area’s $93,525 median household income, so a typical Los Angeles household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $1.03M | September 2026 |
| Down payment (20%) | $206,900 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $5,663/mo | Rate as of 2026-10-01 |
| Property tax (0.68% effective rate) | $586/mo | Census ACS |
| Income needed (28% rule) | $268,000 | Gross household income / yr |
| Median household income | $93,525 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Los Angeles housing market?
Longer-run demand in Los Angeles shows up in 27,700 homes permitted in 2025; net migration of -108,943 residents; +0.6% job growth. Natural-hazard risk rates Very High. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
27,700
▲ 3.9% vs 2024
2.1 per 1,000 residents
Net migration (2022–2023)
-108,943
▼ people, via tax-return records
net income flow −$5106.6M/yr
Job growth (YoY)
+0.6%
▲ 6,289.1k nonfarm jobs · August 2026
Natural-hazard risk
Very High
National hazard index · top hazard: Earthquake
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest Los Angeles real estate news?
SpaceX IPO sparks race for luxury housing in Southern CaliforniaLos Angeles Times · 2026-06-29→Interest In SoCals Luxury Housing Market Soars After SpaceX IPO: ReportPatch · 2026-06-30→SoCal luxury housing market suddenly booms as thousands of millionaires are crowned overnightNew York Post · 2026-06-29→Are Homes Selling in Los Angeles in 2026?Stacker · 2026-06-25→
SpaceX's IPO is linked to a reported recent surge in Southern California's luxury housing market. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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Los Angeles by ZIP code
Median price, pace and inventory for 74 Los Angeles ZIPs — the spread behind the metro number.
Explore DirectoryTop agents in Los Angeles
The highest-producing real estate agents in Los Angeles, ranked by recent sales.
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The groups setting production records nationwide.
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Hours, exam and the commission that regulates California agents.
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What real estate agents actually earn across California.
ReadLos Angeles housing market FAQ
What is the median home price in Los Angeles?
As of September 2026, the median listing price in Los Angeles, CA is $1.03M, down 5.9% year over year (source: public records and industry data).
How much does it cost to buy a home in Los Angeles?
The median home listed in Los Angeles asks $1.03M as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $5,663 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Los Angeles?
The median property in Los Angeles spends 55 days on the market, with 20,130 homes actively listed and 17% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Los Angeles?
With a median 55 days on market and 17% of active listings carrying a price cut, pending contracts at 33% of active listings, Los Angeles reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Los Angeles a good place to invest in real estate?
Los Angeles scores 37/100 on WealthyBud's Investor Score, ranking #723 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Los Angeles?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Los Angeles and the wider California market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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