Westlake, Los Angeles, CA90057

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$558,000
8.6% YoY Growth
Median Household Income
$44,900
32.5% 5-Year Growth
Days on Market
93
54.0% Longer than last year
Home Price Forecast
-0.7%
Median Rent
$1,650
21.2% YoY Growth
1-Bed Rent
$1,800
7.5% YoY Growth
2-Bed Rent
$2,600
1.1% YoY Growth
3-Bed Rent
$4,000
4.8% YoY Growth

Other Zip Codes in Westlake, Los Angeles, CA

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 93. This is a increase of 54.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$576,00010.0%
Listing Count
1841.0%
Listings as % of Homes0.1%41.0%
Days on Market
9354.0%
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Demographics — Westlake, Los Angeles, CA

As of the latest ACS Survey released in 2023, Westlake, Los Angeles, CA has a population of 45,500, which has decreased by -8.0% over the past 5 years. Westlake, Los Angeles, CA is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
45,500-8.0%
% Under 18
21.9%-3.1%
% Seniors
12.4%20.4%
% WFH
6.1%52.5%
% w/ College Degree
23.2%18.4%
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As of the latest ACS Survey released in 2023, Westlake, Los Angeles, CA is a predominantly hispanic area, with 68.3% of the population identifying as hispanic. The hispanic population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Westlake, Los Angeles, CA is asian, making up 18.0% of the population. Foreign-born residents account for 54.6% of the population in Westlake, Los Angeles, CA, and this percentage has decreased by 9.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
5.3%-14.5%
% Black
6.8%61.9%
% Hispanic
68.3%-1.7%
% Asian
18.0%-6.7%
% Foreign Born
54.6%-9.5%
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Mortgage and Risk — Westlake, Los Angeles, CA

According to HUD data as of 2023, there were 39 mortgage originations in Westlake, Los Angeles, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Westlake, Los Angeles, CA. Investor activity is low, as 5.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
39
% Conventional Loans
95.0%
% Government Loans
5.0%
% Investor Loans
5.0%
% Second Loans
3.0%
% Cash Out Refinance
3.0%

Loan Activity

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Rentals and Section 8 — Westlake, Los Angeles, CA

As of 2024, the percent of homes in Westlake, Los Angeles, CA under the Section 8 program is 11.0%. 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 units appear to be good home sizes to consider for Section 8 housing in Westlake, Los Angeles, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
1,930
Total Units Section 8
1,928
% Rentals under Section 8
11.0%
% Occupied Section 8
87.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$90$1,800$1,890
2 Bedroom-$210$2,600$2,390
3 Bedroom-$960$4,000$3,040
4 Bedroom-$630$4,000$3,370

Affordability — Westlake, Los Angeles, CA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio14.5
Median Home Price$558,000
Median Household Income$44,900

Westlake, Los Angeles, CA — ZIP Code Boundary Map

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Frequently Asked Questions