Fairfax, Los Angeles, CA—90036
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairfax, Los Angeles, CA
As of Oct '25, the median home price in Fairfax, Los Angeles, CA is $1,748,000, with a year-over-year change of -2.0%. This indicates that home prices in Fairfax, 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 | $1,748,000 | -2.0% |
| Single Family | $1,955,000 | -2.7% |
| Condos | $827,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $577,000 | 3.0% |
2 Bed | $990,000 | -5.8% |
3 Bed | $1,786,000 | -3.0% |
4 Bed | $2,263,000 | -2.5% |
| 5 Bed | $2,826,000 | -3.0% |
% of Housing Stock
Rental Trends — Fairfax, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Fairfax, Los Angeles, CA is $3,490, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Fairfax, Los Angeles, CA is studios: $1,860, 1-bedrooms: $2,500, 2-bedrooms: $3,940, 3-bedrooms: $6,500, 4-bedrooms: $7,200. The most common rental property sizes in Fairfax, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 43.4% and 37.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,920 | $3,490 |
| Studio Rent | $1,700 | $1,860 |
| 1 Bed Rent | $2,400 | $2,500 |
| 2 Bed Rent | $3,700 | $3,940 |
| 3 Bed Rent | $6,500 | $6,500 |
| 4 Bed Rent | $6,500 | $7,200 |
% of Rental Stock
Property Listings — Fairfax, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairfax, Los Angeles, CA is 36. This is a decrease of -4.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,210,000 | 5.0% |
Listing Count | 49 | 42.0% |
| Listings as % of Homes | 0.1% | 42.0% |
Days on Market | 36 | -4.0% |
Demographics — Fairfax, Los Angeles, CA
As of the latest ACS Survey released in 2023, Fairfax, Los Angeles, CA has a population of 38,800, which has increased by 2.1% over the past 5 years. Fairfax, Los Angeles, CA is a less popular place for families, as children make up 14.7% of the population. The area has a highly educated workforce, with 68.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,800 | 2.1% |
% Under 18 | 14.7% | -7.5% |
% Seniors | 10.2% | 10.9% |
% WFH | 29.5% | 143.8% |
% w/ College Degree | 68.3% | -0.1% |
As of the latest ACS Survey released in 2023, Fairfax, Los Angeles, CA is a predominantly white area, with 53.7% of the population identifying as white. The white population has shrunk by 14.4% in the last 5 years. The second most common race or ethnicity in Fairfax, Los Angeles, CA is asian, making up 19.5% of the population. Foreign-born residents account for 25.5% of the population in Fairfax, Los Angeles, CA, and this percentage has decreased by 9.9% 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 | 53.7% | -14.4% |
% Black | 7.2% | 24.1% |
% Hispanic | 13.0% | 21.5% |
% Asian | 19.5% | 21.1% |
% Foreign Born | 25.5% | -9.9% |
Mortgage and Risk — Fairfax, Los Angeles, CA
According to HUD data as of 2023, there were 154 mortgage originations in Fairfax, Los Angeles, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Fairfax, Los Angeles, CA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 154 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Fairfax, Los Angeles, CA
As of 2024, the percent of homes in Fairfax, Los Angeles, CA under the Section 8 program is 0.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Fairfax, Los Angeles, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 163 |
Total Units Section 8 | 136 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 88.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $680 | $2,400 | $3,080 |
| 2 Bedroom | $190 | $3,700 | $3,890 |
| 3 Bedroom | -$1,560 | $6,500 | $4,940 |
| 4 Bedroom | -$1,020 | $6,500 | $5,480 |
Affordability — Fairfax, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 18.4 |
| Median Home Price | $1,748,000 |
| Median Household Income | $103,000 |