How Much Is My House Worth in Los Angeles?

In Los Angeles, your home's value depends on location, recent comparable sales, property condition, and current market dynamics. As of January 2026, the median home price in LA County is $900,000, while the City of Los Angeles median sits at $1.0 million—but your property could be worth significantly more or less depending on your specific neighborhood. The only way to know your true market value is through a professional Comparative Market Analysis (CMA) that accounts for LA's hyper-local micro-markets.

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$1.0M +2.5% YoY City of LA Median
$900K +0.1% YoY LA County Median
$616 -2.6% YoY Price Per Sq Ft
56 +9 days Days on Market

Why Online Estimates Miss the Mark in LA

Los Angeles isn't one market—it's hundreds of micro-markets. The value of a Craftsman in Pasadena moves very differently than a luxury condo in Downtown LA or a Spanish Revival in Los Feliz. That's why Zillow "Zestimates" and Redfin estimates often miss by tens of thousands of dollars—sometimes more.

These algorithms can't account for the nuances that drive real value in LA: the street your home sits on, the quality of your renovation, whether you have views, ADU potential, or even which side of a major boulevard you're on. Only a hyper-local market analysis captures these critical factors.

Curious what the algorithms are missing? Get a professional value analysis based on real comparable sales in your neighborhood.

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LA Neighborhood Price Snapshot: January 2026

Location drives everything in Los Angeles real estate. Two identical 1,500 sq ft homes in similar condition can vary by $500,000+ depending on neighborhood. Here's what we're seeing across key markets:

Neighborhood Median Price $/Sq Ft Trend
Pacific Palisades $6.2M+ $1,200+ ↑ Strong
Santa Monica $2.5M – $4M $1,100+ ↑ +3-5%
Brentwood $2.8M – $5M $950+ ↑ +3-4%
Silver Lake $1.2M – $2M $850 ↑ +8.7%
Pasadena $900K – $1.5M $650 ↑ Appreciating
Highland Park $850K – $1.1M $600 ↑ Rising
Sherman Oaks $1.1M – $1.5M $625 → Stable
Glendale $850K – $1.2M $575 → Stable
DTLA Condos $500K – $900K $550 → Cooling

Don't see your neighborhood? Your property may be worth more—or less—than these averages suggest.

Where does your home fit? Get a precise value based on your exact address and recent comparable sales.

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The 6 Factors That Determine Your LA Home Value

01

Location & Micro-Market

Neighborhood desirability, school districts, walkability, and proximity to amenities. Even which side of a street you're on can impact value by $50K+ in LA.

02

Recent Comparable Sales

What similar homes sold for within 0.5 miles in the last 90 days—the foundation of any professional valuation.

03

Property Condition & Updates

Modern kitchens, updated bathrooms, new roof, and quality finishes can add $50K–$150K+ in LA's competitive market.

04

Lot Size & ADU Potential

Larger lots with ADU (Accessory Dwelling Unit) potential command premiums—especially with LA's new ADU laws.

05

Current Market Conditions

Inventory levels, mortgage rates, buyer demand, and seasonal factors can shift value by thousands week to week.

06

Special Features

Views, architectural significance, historic designation, pool, and unique characteristics that drive buyer competition.

Professional Analysis

Get a Comparative Market Analysis That Actually Reflects Your Home

Online estimates use algorithms. We use real data from actual sales in your neighborhood, adjusted for your home's unique features and current market conditions.

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3-6 recent comparable sales analyzed
Active listing competition review
Adjustments for your upgrades & features
Current market timing analysis
Pricing strategy recommendation

How We Determine Your Home's True Value

Our Comparative Market Analysis Process

1

Analyze Recent Sales

We pull 3-6 recently sold properties with similar size, age, condition, and location within your immediate area—typically within 0.5 miles and 90 days.

2

Review Active Competition

We examine current listings—your competition. What's priced above market is sitting; what's priced correctly is selling in under 30 days.

3

Study Expired Listings

Homes that didn't sell reveal pricing mistakes. Understanding why they failed helps us position yours for success.

4

Adjust for Your Features

We add or subtract value for your specific upgrades, views, lot size, condition, and unique characteristics that algorithms miss.

Common Valuation Mistakes LA Sellers Make

Avoid These Costly Errors

Relying solely on Zillow or Redfin estimates — These algorithms regularly miss by 5-15% in LA's diverse micro-markets. A $50K+ error is common.

Pricing based on what you "need" from the sale — Buyers don't care about your mortgage payoff. Market value is market value.

Over-improving beyond neighborhood norms — A $200K kitchen in a $700K neighborhood won't return full value.

Ignoring seasonal timing — Spring typically yields 3-5% higher sale prices in LA than winter months.

Skipping a pre-listing walkthrough — Small fixes (paint, landscaping, staging) can add $20K+ to perceived value.

Thinking about selling? Start with an accurate value—the foundation of every successful sale.

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2026 Market Conditions Affecting Your Home Value

Mortgage rates in the low-6% range have stabilized buyer activity. While rates aren't at pandemic lows, they're meaningfully below 2024 peaks—bringing qualified buyers back to the market.

Inventory remains constrained. LA's structural housing shortage continues, with many homeowners locked into sub-4% mortgages unwilling to sell. This supply constraint supports pricing in most neighborhoods.

Buyers are more analytical. Today's buyers compare price per square foot, days on market, and recent sales before making offers. Overpriced homes sit; correctly priced homes sell in under 30 days with multiple offers.

Hot homes are still hot. Well-priced, well-presented homes in desirable areas sell for 2% above list price and go pending in around 27 days. The market rewards strategy.

Ready to Know Your Number?

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No obligation. No pressure. Just accurate, data-driven insight into what your property is worth in today's market.

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Frequently Asked Questions

How accurate are Zillow and Redfin home value estimates in Los Angeles?
Online estimates can miss by 5-15% or more in LA's diverse market. Zillow's own data shows their Zestimate has a median error rate of about 7% for off-market homes. In a $1 million LA market, that's a $70,000 swing. These algorithms can't account for renovation quality, specific location nuances, or current market conditions the way a professional CMA can.
What's the best way to determine my LA home's value?
The most accurate method is a Comparative Market Analysis (CMA) from a local real estate professional. This analyzes 3-6 recent comparable sales, current competition, market trends, and adjusts for your property's specific features. For refinancing or estate purposes, a licensed appraiser provides a formal valuation. Get a free CMA for your property here.
How much have LA home prices changed in the last year?
LA County median prices are up about 0.1% year-over-year to $900,000, while City of LA prices rose 2.5% to approximately $1.0 million. However, appreciation varies dramatically by neighborhood—Silver Lake saw 8.7% growth while some DTLA condos experienced flat or declining values. Your specific location determines your actual appreciation.
What home improvements add the most value in Los Angeles?
In LA, the highest-ROI improvements typically include: kitchen updates (modern appliances, countertops, cabinets), bathroom renovations, ADU additions (can add $100K+ in value), outdoor living spaces, and energy-efficient upgrades. However, over-improving beyond neighborhood norms rarely returns full investment. The key is matching improvements to buyer expectations for your specific area.
When is the best time to sell a house in Los Angeles?
Historically, spring (March-May) yields the highest prices in LA, with homes selling 3-5% above winter averages. However, less competition in fall/winter can benefit sellers in desirable areas. The current market with mortgage rates stabilizing in the low-6% range presents opportunities year-round for well-priced, well-presented homes.
How long does it take to sell a house in Los Angeles right now?
As of January 2026, the average days on market in LA County is 56 days, up from 47 days a year ago. However, this varies significantly: hot homes priced correctly sell in 27-30 days with multiple offers, while overpriced properties can sit for 90+ days. Pricing strategy is the primary factor determining your timeline.
JB

Justin Borges

The Borges Real Estate Team · Los Angeles County
13+ Years $200M+ Sales 5.0★ Rating

Market data current as of January 2026. Home values vary based on individual property characteristics and market conditions. For a precise valuation of your specific property, request a free home value report.