Koreatown, Los Angeles, CA—90010
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Koreatown, Los Angeles, CA
As of Oct '25, the median home price in Koreatown, Los Angeles, CA is $935,000, with a year-over-year change of -5.1%. This indicates that home prices in Koreatown, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $935,000 | -5.1% |
| Single Family | N/A | N/A |
| Condos | $921,000 | -5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $894,000 | -7.3% |
3 Bed | $1,172,000 | -4.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Koreatown, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Koreatown, Los Angeles, CA is $3,660, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in Koreatown, Los Angeles, CA is studios: $2,280, 1-bedrooms: $3,230, 2-bedrooms: $4,340, 3-bedrooms: $6,950. The most common rental property sizes in Koreatown, Los Angeles, CA are studio and 1-bedroom, accounting for 38.5% and 37.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,790 | $3,660 |
| Studio Rent | $2,160 | $2,280 |
| 1 Bed Rent | $3,180 | $3,230 |
| 2 Bed Rent | $4,400 | $4,340 |
| 3 Bed Rent | $5,750 | $6,950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Koreatown, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Koreatown, Los Angeles, CA is 68. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $774,000 | -16.0% |
Listing Count | 26 | 23.0% |
| Listings as % of Homes | 0.3% | 23.0% |
Days on Market | 68 | -14.0% |
Demographics — Koreatown, Los Angeles, CA
As of the latest ACS Survey released in 2023, Koreatown, Los Angeles, CA has a population of 4,480, which has increased by 21.0% over the past 5 years. Koreatown, Los Angeles, CA is a less popular place for families, as children make up 6.3% of the population. The area has a highly educated workforce, with 60.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,480 | 21.0% |
% Under 18 | 6.3% | -29.2% |
% Seniors | 10.3% | -42.1% |
% WFH | 20.9% | 137.5% |
% w/ College Degree | 60.6% | 17.4% |
As of the latest ACS Survey released in 2023, Koreatown, Los Angeles, CA is a predominantly asian area, with 65.8% of the population identifying as asian. The asian population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Koreatown, Los Angeles, CA is white, making up 18.8% of the population. Foreign-born residents account for 58.0% of the population in Koreatown, Los Angeles, CA, and this percentage has decreased by 0.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 18.8% | 35.3% |
% Black | 5.9% | 28.3% |
% Hispanic | 8.7% | -11.2% |
% Asian | 65.8% | -1.8% |
% Foreign Born | 58.0% | -0.7% |
Mortgage and Risk — Koreatown, Los Angeles, CA
Koreatown, Los Angeles, CA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Koreatown, Los Angeles, CA
Koreatown, Los Angeles, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 78 |
Total Units Section 8 | 75 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$420 | $3,180 | $2,760 |
| 2 Bedroom | -$920 | $4,400 | $3,480 |
| 3 Bedroom | -$1,330 | $5,750 | $4,420 |
| 4 Bedroom | N/A | N/A | $4,900 |
Affordability — Koreatown, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.7 |
| Median Home Price | $935,000 |
| Median Household Income | $101,000 |