90018, Los Angeles, CA

Home Equity and Home Prices in the 90018 Zip Code of Los Angeles, CA

The 90018 zip code of Los Angeles, CA has a median home value of $269,000. This is higher than the statewide median home value of $217,500. The 90018 zip code also has a median home equity value of $141,000. This is higher than the statewide median home equity value of $119,500. The 90018 zip code has a lower than average homeownership rate at just 54%. This is lower than the statewide homeownership rate of 62%. The 90018 zip code also has a lower than average rental rate at just over 30%. This is lower than the statewide rental rate of 34%.

There are several factors that may contribute to these high home values and high home equity values in the 90018 zip code of Los Angeles, CA. These factors include:

-The high population density in this area

-The availability of luxury homes and apartments for sale

-The low homeownership rate and low rental rate in this area