4-week rolling average ยท Data through March 12, 2026 ยท ZIP 90028
The 90028 zip code in Los Angeles is a warm and competitive market, with a median sale price of $1,350,000 running $251,000 above the median list price of $1,099,000, signaling that buyers are consistently bidding well over asking. With only 70 active listings and a median of 43 days on market, supply remains tight and demand is holding strong. At $816.99 per square foot, this Hollywood area market reflects meaningful underlying value and continued buyer interest.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $745K | $2K/mo |
| 2BR | $930K | $3K/mo |
| 3BR | $1.45M | $5K/mo |
| 4BR | $1.65M | $5K/mo |
| 5BR | $1.50M | โ |
| 6BR | $1.25M | โ |
| 7BR | $1.29M | โ |
| 8BR | $1.57M | โ |
Sellers in 90028 are in a strong position, with homes closing at a median of $1,350,000 against a median list price of $1,099,000, a $251,000 gap that reflects real buyer competition in the market. With just 70 active listings available, limited supply continues to work in favor of those looking to sell.
Buyers in 90028 should be prepared to offer above list price, as the spread between the median list price of $1,099,000 and the median sale price of $1,350,000 shows this is a consistently competitive environment. At 43 days on market and $816.99 per square foot, arriving pre-approved and ready to move quickly will be essential to a successful purchase.
Investors should carefully analyze cash flow before committing, as a 2-bedroom home sells for $930,000 while generating a median rent of $2,900 per month, and a 3-bedroom sells for $1,449,000 with monthly rent at $4,595. With 360 rental units currently available in the area, rental competition exists and thorough underwriting at today's price levels is critical.
The current 30-year fixed mortgage rate of 6.37% and 15-year fixed rate of 5.72% carry significant weight against a median sale price of $1,350,000, directly impacting monthly payment obligations for buyers in this market. Buyers who can absorb the higher monthly payment of a 15-year term at 5.72% may benefit from substantial interest savings over the life of the loan.
Get these market reports sent to your clients automatically every week โ branded with your name and contact info.
Get started free โData sources: Rentcast ยท Zillow ยท Federal Reserve (FRED)
Market intelligence by FarmPosts