90033, Los Angeles, CA

Home Equity and Home Prices in the 90033 Zip Code of Los Angeles, CA

The home equity and home prices in the 90033 zip code of Los Angeles, CA are very high. The median home value in this zip code is $1,062,500. This is a far cry from the median home value of $146,000 that was reported for zip codes across the United States as of March 2016. The high home values in this zip code may be due to a number of factors including an abundance of available properties and low interest rates. Additionally, the population density in this area is quite high which may also contribute to the high home values.

Despite the high home values, there are still a number of opportunities available for buyers in this zip code. There are currently 1,814 homes for sale within this zip code which represents an inventory vacancy rate of just 2%. This indicates that there is strong demand for housing within this area and that potential buyers should not hesitate to make an offer on a property that they are interested in purchasing.

If you are looking to purchase a property within the 90033 zip code of Los Angeles, CA you should definitely consider doing so now because prices will only continue to rise over time.