South Los Angeles, Los Angeles, CA—90062
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 $687,000, with a year-over-year change of -3.0%. This indicates that home prices in South Los Angeles, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $687,000 | -3.0% |
| Single Family | $688,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $639,000 | -2.9% |
3 Bed | $709,000 | -3.4% |
4 Bed | $766,000 | -2.9% |
| 5 Bed | $832,000 | -3.5% |
% 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 $2,730, with a year-over-year rent change of -3.5%. Per bedroom, the median rent as of July '25 in South Los Angeles, Los Angeles, CA is studios: $1,640, 1-bedrooms: $1,640, 2-bedrooms: $2,740, 3-bedrooms: $3,350, 4-bedrooms: $4,730. The most common rental property sizes in South Los Angeles, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 36.5% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,730 |
| Studio Rent | $1,650 | $1,640 |
| 1 Bed Rent | $1,650 | $1,640 |
| 2 Bed Rent | $2,600 | $2,740 |
| 3 Bed Rent | $3,490 | $3,350 |
| 4 Bed Rent | $5,000 | $4,730 |
% 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 81. This is a increase of 75.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $806,000 | -7.0% |
Listing Count | 42 | 11.0% |
| Listings as % of Homes | 0.4% | 11.0% |
Days on Market | 81 | 75.0% |
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 32,100, which has decreased by -6.7% over the past 5 years. South Los Angeles, Los Angeles, CA is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 16.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,100 | -6.7% |
% Under 18 | 20.4% | -16.0% |
% Seniors | 12.4% | 15.9% |
% WFH | 9.4% | 248.1% |
% w/ College Degree | 16.5% | 39.8% |
As of the latest ACS Survey released in 2023, South Los Angeles, Los Angeles, CA is a predominantly hispanic area, with 63.3% of the population identifying as hispanic. The hispanic population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in South Los Angeles, Los Angeles, CA is black, making up 26.0% of the population. Foreign-born residents account for 37.6% 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 | 3.4% | 126.7% |
% Black | 26.0% | -21.2% |
% Hispanic | 63.3% | -0.2% |
% Asian | 2.0% | 17.6% |
% Foreign Born | 37.6% | 5.3% |
Mortgage and Risk — South Los Angeles, Los Angeles, CA
According to HUD data as of 2023, there were 198 mortgage originations in South Los Angeles, Los Angeles, CA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in South Los Angeles, Los Angeles, CA. Investor activity is low, as 5.0% 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 | 198 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 5.0% |
% 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 24.4%. 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 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 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,268 |
Total Units Section 8 | 1,224 |
% Rentals under Section 8 | 24.4% |
% Occupied Section 8 | 83.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,650 | $1,810 |
| 2 Bedroom | -$310 | $2,600 | $2,290 |
| 3 Bedroom | -$550 | $3,490 | $2,940 |
| 4 Bedroom | -$1,760 | $5,000 | $3,240 |
Affordability — South Los Angeles, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.1 |
| Median Home Price | $687,000 |
| Median Household Income | $63,700 |