South Los Angeles, Los Angeles, CA—90061
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 $615,000, with a year-over-year change of -4.2%. 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 | $615,000 | -4.2% |
| Single Family | $617,000 | -4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $461,000 | -7.6% |
2 Bed | $545,000 | -4.7% |
3 Bed | $628,000 | -4.7% |
4 Bed | $692,000 | -3.8% |
| 5 Bed | $741,000 | -5.7% |
% 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 $2,900, with a year-over-year rent change of 14.2%. Per bedroom, the median rent as of July '25 in South Los Angeles, Los Angeles, CA is studios: $1,650, 1-bedrooms: $1,670, 2-bedrooms: $2,270, 3-bedrooms: $3,550, 4-bedrooms: $3,450. The most common rental property sizes in South Los Angeles, Los Angeles, CA are 2-bedroom and 3-bedroom, accounting for 41.1% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $2,900 |
| Studio Rent | $1,600 | $1,650 |
| 1 Bed Rent | $1,600 | $1,670 |
| 2 Bed Rent | $2,150 | $2,270 |
| 3 Bed Rent | $3,600 | $3,550 |
| 4 Bed Rent | $3,500 | $3,450 |
% 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 55. This is a decrease of -20.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $687,000 | 17.0% |
Listing Count | 34 | 37.0% |
| Listings as % of Homes | 0.3% | 37.0% |
Days on Market | 55 | -20.0% |
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 28,500, which has increased by 3.0% over the past 5 years. South Los Angeles, Los Angeles, CA is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 12.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,500 | 3.0% |
% Under 18 | 27.6% | 0.7% |
% Seniors | 10.7% | 17.6% |
% WFH | 4.7% | 135.0% |
% w/ College Degree | 12.3% | 78.3% |
As of the latest ACS Survey released in 2023, South Los Angeles, Los Angeles, CA is a predominantly hispanic area, with 69.8% of the population identifying as hispanic. The hispanic population has grown by 7.7% in the last 5 years. The second most common race or ethnicity in South Los Angeles, Los Angeles, CA is black, making up 26.4% of the population. Foreign-born residents account for 31.7% of the population in South Los Angeles, Los Angeles, CA, and this percentage has increased by 5.3% 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 | 1.5% | 36.4% |
% Black | 26.4% | -17.2% |
% Hispanic | 69.8% | 7.7% |
% Asian | 0.8% | 100.0% |
% Foreign Born | 31.7% | 5.3% |
Mortgage and Risk — South Los Angeles, Los Angeles, CA
According to HUD data as of 2023, there were 169 mortgage originations in South Los Angeles, Los Angeles, CA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in South Los Angeles, Los Angeles, CA. Investor activity is low, as 6.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 169 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
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 25.4%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in South Los Angeles, 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 | 1,327 |
Total Units Section 8 | 1,226 |
% Rentals under Section 8 | 25.4% |
% Occupied Section 8 | 84.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,600 | $1,810 |
| 2 Bedroom | $140 | $2,150 | $2,290 |
| 3 Bedroom | -$660 | $3,600 | $2,940 |
| 4 Bedroom | -$260 | $3,500 | $3,240 |
Affordability — South Los Angeles, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10 |
| Median Home Price | $615,000 |
| Median Household Income | $60,100 |