Downtown LA, Los Angeles, CA—90013

As of Aug '25, the median home price in Downtown LA, Los Angeles, CA is $593,000, with a year-over-year change of -3.2%. This indicates that home prices in Downtown LA, 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.

As of Aug '25 and according to Realtor.com, the median days on market for a home in Downtown LA, Los Angeles, CA is 66. This is an decrease of -9.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Downtown LA, Los Angeles, CA in that year was 38. 95.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 74.0%. Of those, 21.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Downtown LA, Los Angeles, CA. Investor activity in Downtown LA, Los Angeles, CA is low, as 5.0% of all loans are originated by investors. In 2023, 3.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.