90717, Lomita, CA

The 90717 zip code of Lomita, CA is located in the Los Angeles metropolitan area. Home prices in this zip code have increased significantly over the past few years, and as of September 2017, the median home price was $569,000. This is a significant increase from the median home price of $399,000 that was recorded in September 2016.

One reason for this increase in home prices is that there are a number of desirable neighborhoods within the 90717 zip code. These neighborhoods include Rancho Palos Verdes Estates, Rolling Hills Estates, and Lomita Village. Additionally, many homes within this zip code are situated on large lots or have ocean views.

Another factor contributing to the high home prices in the 90717 zip code is the low unemployment rate. As of September 2017, unemployment rates were below 4% for both men and women within this zip code. This low unemployment rate makes it more difficult for potential buyers to find affordable homes within this area.

Despite these factors contributing to increased home values in the 90717 zip code, there are still some areas where prices are lower than average. For example, homes located near busy streets or commercial areas may have higher prices than those located closer to nature or other residential areas.