90048 Housing Market Report January 2025•Los Angeles County, California

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Housing Prices in 90048, CA

How much do homes in 90048, CA cost?

Housing Market Conditions

Is 90048, CA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

90048 is a Neutral Market

Difference Since January 2024

At the same time last year, 90048 was a Seller's Market.

Insight

90048 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$2,127,000$902/SqFt
+$254,500
+13.6%

Based on all homes sold in the last 12 months

Insight

Homes in 90048 have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in 90048 was $2,127,000 in January 2025, up 13.6% from last year, and the median price per square foot was $902.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
90048
+13.6%
90036
+10.3%
90046
+4.5%
90069
+1.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$617K$619.9K
0.5%
2$1.2M$1.3M
0.2%
3$1.9M$2.2M
+18.7%
4$2.4M$2.4M
+0.8%
5$3.0M$2.8M
-5.0%

Summary: 90048 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by 0.5%. The home price for 2 bedroom homes increased by 0.2%. The home price for 3 bedroom homes increased by +18.7%. The home price for 4 bedroom homes increased by +0.8%. The home price for 5 bedroom homes decreased by -5.0%.

Housing supply in 90048, CA

How many homes are available in 90048, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
140Last MonthJan 2025
1072 months agoDec 2024
+30.8 %
Change MoMDec – Jan

Summary: The 90048 real estate market had 140 homes for sale in Jan 2025, a 30.8 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
23Last MonthJan 2025
212 months agoDec 2024
+9.5 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
1910
+11.1%
22642
+61.5%
33432
-5.9%
41321
+61.5%
52535
+40.0%

Summary: 90048 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +11.1%. The inventory for 2 bedroom homes increased by +61.5%. The inventory for 3 bedroom homes decreased by -5.9%. The inventory for 4 bedroom homes increased by +61.5%. The inventory for 5 bedroom homes increased by +40.0%.

Asking Price vs. Sold Price

How much do homes in 90048, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price0 Home

Under Asking Price19 Homes

Insight

If you're buying a home in 90048, you may be able to get a good deal. 82.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 90048 in January 2025, up by 9.5% month-over-month. Of the 23 sold homes, 83% were sold under asking, 0% were sold at asking, and and 17% were sold over asking.

Days on Market for 90048, CA

How long does it take to sell a home in 90048, CA?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days9 Homes

Over 90 Days5 Homes

Insight

Many homes in 90048 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 23 homes were sold in 90048; 39% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
57 DaysThis YearJan 2025
63 Days1 year agoJan 2024
-9.2 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 90048 had an average listing age of 57 days in Jan 2025, down by 9.2% compared to the previous year.

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Newest Listings in 90048, CA

What homes are available in 90048, CA?

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MLS Disclaimers and Copyright

Based on information from California Regional MLS, for the period 02/01/2023 - 02/01/2025

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/26/2025, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.