Westlake, Los Angeles, CA—90017
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westlake, Los Angeles, CA
As of Oct '25, the median home price in Westlake, Los Angeles, CA is $598,000, with a year-over-year change of -6.3%. This indicates that home prices in Westlake, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $598,000 | -6.3% |
| Single Family | N/A | N/A |
| Condos | $584,000 | -6.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $569,000 | -6.1% |
2 Bed | $783,000 | -6.1% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Westlake, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Westlake, Los Angeles, CA is $3,160, with a year-over-year rent change of -14.8%. Per bedroom, the median rent as of July '25 in Westlake, Los Angeles, CA is studios: $1,840, 1-bedrooms: $3,030, 2-bedrooms: $4,600, 3-bedrooms: $6,690. The most common rental property sizes in Westlake, Los Angeles, CA are studio and 1-bedroom, accounting for 51.2% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,160 |
| Studio Rent | $1,500 | $1,840 |
| 1 Bed Rent | $3,000 | $3,030 |
| 2 Bed Rent | $4,420 | $4,600 |
| 3 Bed Rent | $6,130 | $6,690 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Westlake, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Westlake, Los Angeles, CA is 96. This is a increase of 19.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $590,000 | -2.0% |
Listing Count | 83 | -3.0% |
| Listings as % of Homes | 0.4% | -3.0% |
Days on Market | 96 | 19.0% |
Demographics — Westlake, Los Angeles, CA
As of the latest ACS Survey released in 2023, Westlake, Los Angeles, CA has a population of 29,000, which has increased by 8.4% over the past 5 years. Westlake, Los Angeles, CA is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 36.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,000 | 8.4% |
% Under 18 | 18.9% | -14.5% |
% Seniors | 9.8% | 21.0% |
% WFH | 16.2% | 211.5% |
% w/ College Degree | 36.2% | 20.7% |
As of the latest ACS Survey released in 2023, Westlake, Los Angeles, CA is a predominantly hispanic area, with 56.4% of the population identifying as hispanic. The hispanic population has shrunk by 12.3% in the last 5 years. The second most common race or ethnicity in Westlake, Los Angeles, CA is asian, making up 18.3% of the population. Foreign-born residents account for 43.9% of the population in Westlake, Los Angeles, CA, and this percentage has decreased by 16.5% 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 | 10.9% | 0.9% |
% Black | 13.0% | 94.0% |
% Hispanic | 56.4% | -12.3% |
% Asian | 18.3% | 10.9% |
% Foreign Born | 43.9% | -16.5% |
Mortgage and Risk — Westlake, Los Angeles, CA
According to HUD data as of 2023, there were 71 mortgage originations in Westlake, Los Angeles, CA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Westlake, Los Angeles, CA. Investor activity is low, as 7.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 7.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Westlake, Los Angeles, CA
Westlake, Los Angeles, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,152 |
Total Units Section 8 | 1,063 |
% Rentals under Section 8 | 7.7% |
% Occupied Section 8 | 87.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$770 | $3,000 | $2,230 |
| 2 Bedroom | -$1,610 | $4,420 | $2,810 |
| 3 Bedroom | -$2,560 | $6,130 | $3,570 |
| 4 Bedroom | N/A | N/A | $3,960 |
Affordability — Westlake, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 13.6 |
| Median Home Price | $598,000 |
| Median Household Income | $51,300 |