South Los Angeles, Los Angeles, CA—90044
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Los Angeles, Los Angeles, CA
As of Oct '25, the median home price in South Los Angeles, Los Angeles, CA is $637,000, with a year-over-year change of -2.4%. This indicates that home prices in South Los Angeles, 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 | $637,000 | -2.4% |
| Single Family | $638,000 | -3.0% |
| Condos | $468,000 | -3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $521,000 | -6.3% |
2 Bed | $587,000 | -2.3% |
3 Bed | $661,000 | -2.9% |
4 Bed | $719,000 | -2.7% |
| 5 Bed | $802,000 | -3.6% |
% of Housing Stock
Rental Trends — South Los Angeles, Los Angeles, CA
As of July '25, Rentcast reports the average rent in South Los Angeles, Los Angeles, CA is $2,450, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in South Los Angeles, Los Angeles, CA is studios: $1,560, 1-bedrooms: $1,870, 2-bedrooms: $2,400, 3-bedrooms: $3,110, 4-bedrooms: $3,300. The most common rental property sizes in South Los Angeles, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 39.9% and 33.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,450 |
| Studio Rent | $1,520 | $1,560 |
| 1 Bed Rent | $1,900 | $1,870 |
| 2 Bed Rent | $2,350 | $2,400 |
| 3 Bed Rent | $3,000 | $3,110 |
| 4 Bed Rent | $3,400 | $3,300 |
% of Rental Stock
Property Listings — South Los Angeles, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in South Los Angeles, Los Angeles, CA is 64. This is a increase of 21.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $680,000 | 2.0% |
Listing Count | 81 | 4.0% |
| Listings as % of Homes | 0.2% | 4.0% |
Days on Market | 64 | 21.0% |
Demographics — South Los Angeles, Los Angeles, CA
As of the latest ACS Survey released in 2023, South Los Angeles, Los Angeles, CA has a population of 95,900, which has remained stable by -0.6% over the past 5 years. South Los Angeles, Los Angeles, CA is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 11.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 95,900 | -0.6% |
% Under 18 | 28.6% | -4.0% |
% Seniors | 10.2% | 15.9% |
% WFH | 6.5% | 103.1% |
% w/ College Degree | 11.1% | 48.0% |
As of the latest ACS Survey released in 2023, South Los Angeles, Los Angeles, CA is a predominantly hispanic area, with 67.2% of the population identifying as hispanic. The hispanic population has grown by 3.7% in the last 5 years. The second most common race or ethnicity in South Los Angeles, Los Angeles, CA is black, making up 29.7% of the population. Foreign-born residents account for 33.9% of the population in South Los Angeles, Los Angeles, CA, and this percentage has increased by 4.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 1.4% | 16.7% |
% Black | 29.7% | -10.3% |
% Hispanic | 67.2% | 3.7% |
% Asian | 0.7% | 16.7% |
% Foreign Born | 33.9% | 4.0% |
Mortgage and Risk — South Los Angeles, Los Angeles, CA
According to HUD data as of 2023, there were 493 mortgage originations in South Los Angeles, Los Angeles, CA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in South Los Angeles, Los Angeles, CA. Investor activity is low, as 9.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 493 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — South Los Angeles, Los Angeles, CA
As of 2024, the percent of homes in South Los Angeles, Los Angeles, CA under the Section 8 program is 25.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In South Los Angeles, Los Angeles, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 4,781 |
Total Units Section 8 | 4,564 |
% Rentals under Section 8 | 25.5% |
% Occupied Section 8 | 84.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,900 | $1,810 |
| 2 Bedroom | -$60 | $2,350 | $2,290 |
| 3 Bedroom | -$60 | $3,000 | $2,940 |
| 4 Bedroom | -$160 | $3,400 | $3,240 |
Affordability — South Los Angeles, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12.1 |
| Median Home Price | $637,000 |
| Median Household Income | $51,400 |