Lomita, CA 90717 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lomita, CA—90717

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$922,000

0.2% YoY Growth

Household Income

$93,000

34.5% YoY Growth

Days on Market

105.0% Longer YoY

Home Price Forecast

0.2%

Median Rent

$2,950

12.3% YoY Growth

1-Bed Rent

$1,880

5.7% YoY Growth

2-Bed Rent

$2,950

11.6% YoY Growth

3-Bed Rent

$4,000

6.4% YoY Growth

Home Price Trends — Lomita, CA

As of May '26, the median home price in Lomita, CA is $922,000, with a year-over-year change of 0.2%. This indicates that home prices in Lomita, CA are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$922,000	0.2%
Single Family	$966,000	0.7%
Condos	$608,000	0.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lomita, CA

As of July '25, Rentcast reports the average rent in Lomita, CA is $3,020, with a year-over-year rent change of 12.3%. Per bedroom, the median rent as of July '25 in Lomita, CA is studios: $3,000, 1-bedrooms: $2,050, 2-bedrooms: $2,890, 3-bedrooms: $3,820, 4-bedrooms: $4,720. The most common rental property sizes in Lomita, CA are 2-bedroom and 3-bedroom, accounting for 47.5% and 21.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,950	$3,020
Studio Rent	$3,000	$3,000
1 Bed Rent	$1,880	$2,050
2 Bed Rent	$2,950	$2,890
3 Bed Rent	$4,000	$3,820
4 Bed Rent	$4,500	$4,720

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% of Rental Stock

Studio

7.7%

1 Bedroom

19.8%

2 Bedrooms

47.5%

3 Bedrooms

21.4%

4 Bedrooms

3.2%

5+ Bedrooms

0.3%

Property Listings — Lomita, CA

As of May '26, Realtor.com reports that the median days on market for a home in Lomita, CA is 46. This is a increase of 105.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$964,000	-10.0%
Listing Count	22	-4.0%
Listings as % of Homes	0.2%	-4.0%
Days on Market	46	105.0%

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Demographics — Lomita, CA

As of the latest ACS Survey released in 2023, Lomita, CA has a population of 21,300, which has decreased by -1.7% over the past 5 years. Lomita, CA is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 37.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	21,300	-1.7%
% Under 18	21.2%	7.1%
% Seniors	18.1%	16.0%
% WFH	10.5%	144.2%
% w/ College Degree	37.2%	10.7%

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As of the latest ACS Survey released in 2023, Lomita, CA is a predominantly white area, with 37.2% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in Lomita, CA is hispanic, making up 34.1% of the population. Foreign-born residents account for 28.0% of the population in Lomita, CA, and this percentage has increased by 37.3% 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	37.2%	-7.9%
% Black	4.1%	-14.6%
% Hispanic	34.1%	-2.3%
% Asian	15.7%	1.9%
% Foreign Born	28.0%	37.3%

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Mortgage and Risk — Lomita, CA

According to HUD data as of 2023, there were 151 mortgage originations in Lomita, CA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Lomita, CA. Investor activity is low, as 5.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	151
% Conventional Loans	91.0%
% Government Loans	9.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Lomita, CA

As of 2024, the percent of homes in Lomita, CA under the Section 8 program is 3.2%. 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 Lomita, 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	524
Total Units Section 8	145
% Rentals under Section 8	3.2%
% Occupied Section 8	94.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$120	$1,880	$2,000
2 Bedroom	-$430	$2,950	$2,520
3 Bedroom	-$800	$4,000	$3,200
4 Bedroom	-$950	$4,500	$3,550

Lomita, CA—90717

Key Metrics at a Glance

Home Price Trends — Lomita, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lomita, CA

% of Rental Stock

Property Listings — Lomita, CA

Demographics — Lomita, CA

Race and Ethnicity

Mortgage and Risk — Lomita, CA

Mortgages

Rentals and Section 8 — Lomita, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lomita, CA

Home Price to Income Ratio

Lomita, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Harbor City, Los Angeles, CA

Torrance, CA

Torrance, CA

Torrance, West Carson, CA

Rolling Hills Estates, CA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	9.4
Median Home Price	$922,000
Median Household Income	$93,000

Lomita, CA—90717

Key Metrics at a Glance

Home Price Trends — Lomita, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lomita, CA

% of Rental Stock

Property Listings — Lomita, CA

Demographics — Lomita, CA

Race and Ethnicity

Mortgage and Risk — Lomita, CA

Mortgages

Rentals and Section 8 — Lomita, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lomita, CA

Home Price to Income Ratio

Lomita, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Harbor City, Los Angeles, CA

Torrance, CA

Torrance, CA

Torrance, West Carson, CA

Rolling Hills Estates, CA

Frequently Asked Questions

What is the average home price in Lomita, CA 90717?

How have home prices in Lomita, CA 90717 changed over the past year?

What is the home price projection for Lomita, CA 90717?

What are the demographics of Lomita, CA 90717?

How long does it take homes to sell in Lomita, CA 90717?

What is the average rent price in Lomita, CA 90717?