ZIP 90023 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 90023 in the Los Angeles housing market is $629,984, with a typical rent of $2,319 per month. That puts the local home-value-to-annual-rent ratio at 22.6.
Key stats
- ZIP 90023 is around the 10th percentile of tracked local ZIPs for home value.
- ZIP 90023 is around the 63rd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 22.6.
- 75 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
- $629,984
- Typical rent
- $2,319
- Homes for sale
- 28
- Buyer competition
- 62
- New listings
- 8
- Homes going pending
- 6
- Listings with price cuts
- 16.2%
Price and rent in ZIP 90023
ZIP 90023 is around the 10th percentile of tracked local ZIPs for home value. ZIP 90023 is around the 15th percentile of tracked local ZIPs for rent.
ZIP 90023 home value & rent trend (past 12 months)
Typical home value fell 2.2% over the past 12 months, from $643,834 to $629,984. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.3% in October 2025.
How ZIP 90023 compares to Los Angeles
ZIP 90023's typical home value is 30.9% below the Los Angeles median of $911,968. ZIP 90023's typical rent is 15.3% below the Los Angeles median of $2,738.
Supply, pending activity, and competition
ZIP 90023 is around the 10th percentile of tracked local ZIPs for for-sale inventory. ZIP 90023 is around the 63rd percentile of tracked local ZIPs for buyer competition. 75 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 19 and 28 — a 9-point spread across 94 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 90033, 90021, 90013, 90014.
Continue your market research
- Is the Los Angeles Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is Los Angeles a Buyer's Market?Read the related local market analysis.
- All Los Angeles ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 90033 housing marketReview a nearby local market with the same core measures.
- ZIP 90021 housing marketReview a nearby local market with the same core measures.
- ZIP 90013 housing marketReview a nearby local market with the same core measures.
- Los Angeles housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.