HomeMarketCap.com

ZIP 90008 Los Angeles, CA Housing Market

90008Los Angeles area

Price, Rent & Competition

$1,064,721

$2,202

61 index

76

Supply & Market Activity

18

10

23.13%

Area profile & market context

Population

33,252

Population density

4,437 / sq mi

Latest market movement

Home value (MoM)

-0.25%

Inventory (MoM)

+1.33%

Buyer competition (MoM)

-12.86%

New listings (MoM)

+5.88%

Homes Pending (MoM)

0.00%

Price cuts share (MoM)

-7.99%

Typical rent (YoY)

-2.22%

How quickly homes are selling

Stable

Direct sale-speed signals look fairly stable for this ZIP right now.

This summary uses one direct sale-speed signal for this ZIP. Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 10 · MoM: 0.00% · YoY: -23.08%

Other local market activity

  • New listings

    Value: 18 · MoM: 5.88% · YoY: -18.18%

  • Homes for sale

    Value: 76 · MoM: 1.33% · YoY: -10.59%

  • Buyer competition

    Value: 61 · MoM: -12.86% · YoY: 5.17%

  • Price cuts share

    Value: 23.13% · MoM: -7.99% · YoY: -28.27%

  • Home sales activity (metro)

    Value: 7,098 · MoM: -1.32% · YoY: 1.53%

ZIP 90008 covers residential neighborhoods in Los Angeles, located within Los Angeles County, CA, part of the broader Los Angeles housing market. The typical home value in ZIP 90008 in the Los Angeles housing market is $1,064,721, with a typical rent of $2,202 per month. That puts the local home-value-to-annual-rent ratio at 40.3.

Key stats

  • ZIP 90008 is around the 64th percentile of tracked local ZIPs for home value.
  • ZIP 90008 is around the 71st percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 40.3.
  • 56 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$1,064,721
Typical rent
$2,202
Homes for sale
76
Buyer competition
61
New listings
18
Homes going pending
10
Listings with price cuts
23.1%
Typical home value — past 12 months
Aug 25Jul 26
Down 2.2% over 12 months
Typical home value down 2.2% over the last 12 months in ZIP 90008.
Typical rent — past 12 months
Aug 25Jul 26
Down 1.7% over 12 months
Typical rent down 1.7% over the last 12 months in ZIP 90008.
Homes for sale — past 12 months
Aug 25Jul 26
Down 11.6% over 12 months
Homes for sale down 11.6% over the last 12 months in ZIP 90008.
New listings — past 12 months
Aug 25Jul 26
Up 0.0% over 12 months
New listings up 0.0% over the last 12 months in ZIP 90008.
Homes going pending — past 12 months
Aug 25Jul 26
Down 28.6% over 12 months
Homes going pending down 28.6% over the last 12 months in ZIP 90008.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 0.0% over 12 months
Buyer competition index up 0.0% over the last 12 months in ZIP 90008.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 24.7% over 12 months
Listings with price cuts down 24.7% over the last 12 months in ZIP 90008.

Price and rent in ZIP 90008

ZIP 90008 is around the 64th percentile of tracked local ZIPs for home value. ZIP 90008 is around the 8th percentile of tracked local ZIPs for rent.

ZIP 90008 home value & rent trend (past 12 months)

Typical home value fell 2.2% over the past 12 months, from $1,088,636 to $1,064,721. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.5% in September 2025.

Typical rent fell 1.7% over the past 12 months, from $2,241 to $2,202. It rose in 4 of 11 monthly readings. The largest monthly gain was +2.1% in April 2026.

How ZIP 90008 compares to the metro

ZIP 90008's typical home value is 14.6% above the metro median of $929,126. ZIP 90008's typical rent is 18.7% below the metro median of $2,710. ZIP 90008's buyer competition is 1.7% above the metro median of 60.

Supply, pending activity, and competition

ZIP 90008 is around the 53rd percentile of tracked local ZIPs for for-sale inventory. ZIP 90008 is around the 71st percentile of tracked local ZIPs for buyer competition. 56 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 64 and 86 — a 22-point spread across 94 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 90056, 90016, 90232, 90043.

Continue your market research

90008 Housing Market Overview FAQ

What is the typical home value in ZIP 90008?

The typical home value in ZIP 90008 is $1,064,721 in the latest monthly reading.

What is the typical rent in ZIP 90008?

Typical rent in ZIP 90008 is $2,202 per month.

What is the home-value-to-rent ratio in ZIP 90008?

ZIP 90008 has a home-value-to-annual-rent ratio of 40.3.

Sources and method

Explore ZIP Pages in Los Angeles Metro