HomeMarketCap.com

ZIP 90038 Los Angeles, CA Housing Market

City
Los Angeles
County
Los Angeles County
State
CA
Metro area
Los Angeles-Long Beach-Anaheim, CA

Price, Rent & Competition

$986,398

$2,613

54 index

47

Supply & Market Activity

9

24.25%

Area profile & market context

Population

27,127

Population density

6,767 / sq mi

Latest market movement

Home value (MoM)

-0.82%

Inventory (MoM)

0.00%

Buyer competition (MoM)

+10.20%

New listings (MoM)

-10.00%

Price cuts share (MoM)

+9.40%

Typical rent (YoY)

+0.85%

How quickly homes are selling

No direct sale-speed data

Direct sale-speed data is not available for this ZIP in the current snapshot.

We do not estimate sale speed without direct ZIP-level sale-speed data. Use the supporting context below for market background only.

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

Sale-speed measures for this ZIP

No recent sale-speed measure is available for this ZIP.

Other local market activity

  • New listings

    Value: 9 · MoM: -10.00% · YoY: -

  • Homes for sale

    Value: 47 · MoM: 0.00% · YoY: 17.50%

  • Buyer competition

    Value: 54 · MoM: 10.20% · YoY: 10.20%

  • Price cuts share

    Value: 24.25% · MoM: 9.40% · YoY: -12.33%

  • Home sales activity (metro)

    Value: 6,268 · MoM: -11.19% · YoY: -3.55%

ZIP 90038 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 90038 in the Los Angeles housing market is $986,398, with a typical rent of $2,613 per month. That puts the local home-value-to-annual-rent ratio at 31.5.

Key stats

  • ZIP 90038 is around the 61st percentile of tracked local ZIPs for home value.
  • ZIP 90038 is around the 12th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 31.5.
  • Supply and buyer competition did not produce a clear easing or tightening split.
  • ZIP 90038's typical home value is 8.2% above the Los Angeles median of $911,968.
Typical home value
$986,398
Typical rent
$2,613
Homes for sale
47
Buyer competition
54
New listings
9
Listings with price cuts
24.3%
Typical home value — past 12 months
Sep 25 – Aug 26
Down 2.6% over 12 months
Typical home value down 2.6% over the last 12 months in ZIP 90038.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 1.6% over 12 months
Typical rent up 1.6% over the last 12 months in ZIP 90038.
Homes for sale — past 12 months
Sep 25 – Aug 26
Up 20.5% over 12 months
Homes for sale up 20.5% over the last 12 months in ZIP 90038.
New listings — past 12 months
Mar 26 – Aug 26
Up 0.0% over 6 months
New listings up 0.0% over the last 6 months in ZIP 90038.
Buyer competition index — past 12 months
Sep 25 – Jul 26
Up 20.0% over 11 months
Buyer competition index up 20.0% over the last 11 months in ZIP 90038.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 5.0% over 12 months
Listings with price cuts down 5.0% over the last 12 months in ZIP 90038.

Price and rent in ZIP 90038

ZIP 90038 is around the 61st percentile of tracked local ZIPs for home value. ZIP 90038 is around the 37th percentile of tracked local ZIPs for rent.

ZIP 90038 home value & rent trend (past 12 months)

Typical home value fell 2.6% over the past 12 months, from $1,012,650 to $986,398. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.5% in November 2025.

Typical rent rose 1.6% over the past 12 months, from $2,572 to $2,613. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.7% in March 2026.

How ZIP 90038 compares to Los Angeles

ZIP 90038's typical home value is 8.2% above the Los Angeles median of $911,968. ZIP 90038's typical rent is 4.6% below the Los Angeles median of $2,738. ZIP 90038's buyer competition is 12.9% below the Los Angeles median of 62.

Supply, pending activity, and competition

ZIP 90038 is around the 20th percentile of tracked local ZIPs for for-sale inventory. ZIP 90038 is around the 12th percentile of tracked local ZIPs for buyer competition. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 28 and 47 — a 19-point spread across 94 comparable tracked ZIPs. Over the 11 readings on record, buyer competition moved between 44 and 60 — a 16-point spread across 94 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 90028, 90004, 90029, 90020.

Continue your market research

Sources and method

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

Explore ZIP Pages in Los Angeles

ZIP codes at a similar price in other cities

Typical home value within reach of ZIP 90038, in the other tracked markets.