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Sunset, LA—70584

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$204,000
1.6% YoY Growth
Household Income
$70,300
58.1% YoY Growth
Days on Market
63
32.0% Longer YoY
Home Price Forecast
-4.6%
Median Rent
$900
28.6% YoY Growth
1-Bed Rent
$900
12.5% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,000
38.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Sunset, LA

As of May '26, the median home price in Sunset, LA is $204,000, with a year-over-year change of -1.6%. This indicates that home prices in Sunset, LA are decreasing. According to Zillow, the 1-year price projection is -4.6%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$204,000-1.6%
Single Family $204,000-0.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$221,0002.3%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.0%
    1 Bedroom
    3.3%
    2 Bedrooms
    17.8%
    3 Bedrooms
    59.4%
    4 Bedrooms
    17.6%

    Rental Trends — Sunset, LA

    As of July '25, Rentcast reports the average rent in Sunset, LA is $950, with a year-over-year rent change of -28.6%. Per bedroom, the median rent as of July '25 in Sunset, LA is 1-bedrooms: $900, 3-bedrooms: $1,000. The most common rental property sizes in Sunset, LA are 3-bedroom and 2-bedroom, accounting for 45.9% and 21.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$900$950
    Studio Rent N/AN/A
    1 Bed Rent $900$900
    2 Bed Rent N/AN/A
    3 Bed Rent $1,000$1,000
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    6.9%
    1 Bedroom
    9.8%
    2 Bedrooms
    21.8%
    3 Bedrooms
    45.9%
    4 Bedrooms
    15.7%

    Property Listings — Sunset, LA

    As of May '26, Realtor.com reports that the median days on market for a home in Sunset, LA is 63. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$275,000-12.0%
    Listing Count
    		3122.0%
    Listings as % of Homes1.0%22.0%
    Days on Market
    		6332.0%
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    Demographics — Sunset, LA

    As of the latest ACS Survey released in 2023, Sunset, LA has a population of 6,860, which has decreased by -13.8% over the past 5 years. Sunset, LA is a popular place for families, as children make up 29.7% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		6,860-13.8%
    % Under 18
    		29.7%-3.6%
    % Seniors
    		13.9%3.7%
    % WFH
    		6.4%204.8%
    % w/ College Degree
    		20.6%14.4%
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    As of the latest ACS Survey released in 2023, Sunset, LA is a predominantly white area, with 64.3% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Sunset, LA is black, making up 23.4% of the population. Foreign-born residents account for 7.1% of the population in Sunset, LA, and this percentage has increased by 108.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		64.3%-5.4%
    % Black
    		23.4%-7.9%
    % Hispanic
    		3.6%71.4%
    % Asian
    		5.9%195.0%
    % Foreign Born
    		7.1%108.8%
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    Mortgage and Risk — Sunset, LA

    According to HUD data as of 2023, there were 157 mortgage originations in Sunset, LA, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Sunset, LA. Investor activity is low, as 6.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		157
    % Conventional Loans
    		61.0%
    % Government Loans
    		39.0%
    % Investor Loans
    		6.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		4.0%
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    Rentals and Section 8 — Sunset, LA

    Sunset, LA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		151
    Total Units Section 8
    		93
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		88.6%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$120$900$780
    2 BedroomN/AN/A$1,020
    3 Bedroom$300$1,000$1,300
    4 BedroomN/AN/A$1,510

    Affordability — Sunset, LA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$204,000
    Median Household Income$70,300

    Sunset, LA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    70541

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    70520

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    70525

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    70583

    Frequently Asked Questions