HomeMarketCap.com

ZIP 90024 Los Angeles, CA Housing Market

90024Los Angeles area

Price, Rent & Competition

$1,355,204

$3,304

59 index

198

Supply & Market Activity

36

22

22.03%

80 days

Area profile & market context

Population

51,675

Population density

6,709 / sq mi

Latest market movement

Home value (MoM)

-0.10%

Inventory (MoM)

-1.49%

Buyer competition (MoM)

-1.67%

New listings (MoM)

-12.20%

Homes Pending (MoM)

-8.33%

Price cuts share (MoM)

+9.13%

Typical rent (YoY)

+1.45%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

This summary combines homes going pending and sale speed (days to pending). 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: 22 · MoM: -8.33% · YoY: 0.00%

  • Sale speed (days to pending)

    Value: 80 · MoM: - · YoY: -

Other local market activity

  • New listings

    Value: 36 · MoM: -12.20% · YoY: -5.26%

  • Homes for sale

    Value: 198 · MoM: -1.49% · YoY: 13.14%

  • Buyer competition

    Value: 59 · MoM: -1.67% · YoY: 11.32%

  • Price cuts share

    Value: 22.03% · MoM: 9.13% · YoY: -3.50%

  • Home sales activity (metro)

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

ZIP 90024 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 90024 in the Los Angeles housing market is $1,355,204, with a typical rent of $3,304 per month. That puts the local home-value-to-annual-rent ratio at 34.2.

Key stats

  • ZIP 90024 is around the 78th percentile of tracked local ZIPs for home value.
  • ZIP 90024 is around the 45th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 34.2.
  • 61 homes went pending for every 100 new listings in the current reading.
  • Supply and buyer competition did not produce a clear easing or tightening split.
Typical home value
$1,355,204
Typical rent
$3,304
Homes for sale
198
Buyer competition
59
New listings
36
Homes going pending
22
Listings with price cuts
22.0%
Typical home value — past 12 months
Aug 25Jul 26
Up 2.1% over 12 months
Typical home value up 2.1% over the last 12 months in ZIP 90024.
Typical rent — past 12 months
Aug 25Jul 26
Up 1.8% over 12 months
Typical rent up 1.8% over the last 12 months in ZIP 90024.
Homes for sale — past 12 months
Aug 25Jul 26
Up 12.5% over 12 months
Homes for sale up 12.5% over the last 12 months in ZIP 90024.
New listings — past 12 months
Aug 25Jul 26
Up 12.5% over 12 months
New listings up 12.5% over the last 12 months in ZIP 90024.
Homes going pending — past 12 months
Aug 25Jul 26
Up 0.0% over 12 months
Homes going pending up 0.0% over the last 12 months in ZIP 90024.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 22.9% over 12 months
Buyer competition index up 22.9% over the last 12 months in ZIP 90024.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 6.0% over 12 months
Listings with price cuts down 6.0% over the last 12 months in ZIP 90024.

Price and rent in ZIP 90024

ZIP 90024 is around the 78th percentile of tracked local ZIPs for home value. ZIP 90024 is around the 83rd percentile of tracked local ZIPs for rent.

ZIP 90024 home value & rent trend (past 12 months)

Typical home value rose 2.1% over the past 12 months, from $1,326,960 to $1,355,204. It rose in 8 of 11 monthly readings. The largest monthly gain was +0.5% in October 2025.

Typical rent rose 1.8% over the past 12 months, from $3,245 to $3,304. It rose in 6 of 11 monthly readings. The largest monthly gain was +1.3% in January 2026.

How ZIP 90024 compares to the metro

ZIP 90024's typical home value is 45.9% above the metro median of $929,126. ZIP 90024's typical rent is 21.9% above the metro median of $2,710. ZIP 90024's buyer competition is 1.7% below the metro median of 60.

How fast homes sell in ZIP 90024

Homes in ZIP 90024 typically go pending in about 80 days — about 57% slower than the metro median of 51 days.

Supply, pending activity, and competition

ZIP 90024 is around the 98th percentile of tracked local ZIPs for for-sale inventory. ZIP 90024 is around the 45th percentile of tracked local ZIPs for buyer competition. 61 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 160 and 201 — a 41-point spread across 94 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 90095, 90073, 90025, 90067.

Continue your market research

90024 Housing Market Overview FAQ

What is the typical home value in ZIP 90024?

The typical home value in ZIP 90024 is $1,355,204 in the latest monthly reading.

What is the typical rent in ZIP 90024?

Typical rent in ZIP 90024 is $3,304 per month.

What is the home-value-to-rent ratio in ZIP 90024?

ZIP 90024 has a home-value-to-annual-rent ratio of 34.2.

Sources and method

Explore ZIP Pages in Los Angeles Metro