Local home value data · Los Angeles, CA
What's my home worth in Los Angeles, CA?
Los Angeles remains a million-dollar market, but the pace has shifted in one small way: homes are selling about three days faster than a year ago even as the median price has eased slightly.
Is Los Angeles a buyer's or seller's market?
Roughly balanced. Redfin rates Los Angeles 55/100 (somewhat competitive), based on how quickly homes sell, how often they get multiple offers, and how close they sell to list price.
What this means if you're selling in Los Angeles
A median sale price of $1,055,000, down 1.4% year-over-year, points to a modest pullback rather than a correction. Homes averaged about 52 days on market, compared with 55 a year ago, and received around three offers on average, so competition is real for well-priced listings, but sellers should not count on last year's price levels automatically holding.
How Los Angeles compares
Los Angeles's median sale price sits 160% above the U.S. median.
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Is Los Angeles a buyer's or seller's market right now?
Mixed. Prices are down 1.4% year-over-year to a median of $1,055,000, which favors buyers slightly, but homes are selling in about 52 days (versus 55 a year ago) and draw around three offers on average. Redfin's Compete Score of 55 out of 100 is consistent with a moderately competitive market.
How competitive are offers on Los Angeles homes?
Homes in Los Angeles receive about three offers on average, and the Redfin Compete Score is 55 out of 100. Desirable, correctly priced homes can attract multiple bids, while overpriced listings tend to sit.
How accurate is the Los Angeles median for my neighborhood?
The $1,055,000 median covers all of Los Angeles, and values can differ sharply between neighborhoods, blocks and home types. The figure blends very different parts of the city, from the Valley to the Westside. Treat it as a market-wide reference point, not a price for your property. For an estimate based on your specific address, request a free home value report, which is reviewed by a local agent.
Home values in nearby markets
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Market data (median sale price, year-over-year change, days on market, and buyer competition) sourced from Redfin, trailing 3-month data as of August 2026. Figures are approximate, change frequently, and are not a substitute for a formal appraisal or a local agent's comparative market analysis. Read more about how home value estimates work.