๐Ÿ“Š Updated weekly with real market data ยท Last updated: March 12, 2026 ยท Powered by FarmPosts
Market Report

Los Angeles, CA Real Estate Market

4-week rolling average ยท Data through March 12, 2026 ยท ZIP 90028

$1.35M
Median Sale Price
$1.10M
Median List Price
43
Days on Market
Median Rent
$2K/mo
Median rental listing price
Rental Inventory
360
Active rental listings
๐Ÿ’ก
Key Market Insight

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.

๐Ÿฆ
30-Year Fixed Rate
6.4%

Market Activity

Active Inventory70
Price per Sq Ft$817

By Bedroom

BedsSale PriceRent
1BR$745K$2K/mo
2BR$930K$3K/mo
3BR$1.45M$5K/mo
4BR$1.65M$5K/mo
5BR$1.50Mโ€”
6BR$1.25Mโ€”
7BR$1.29Mโ€”
8BR$1.57Mโ€”
Market Temperature
Buyer's MarketBalancedSeller's Market
๐ŸŒก๏ธ Warm โ€” Slight Seller Advantage

What This Means For You

๐Ÿ Sellers

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.

๐Ÿ”‘Buyers

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.

๐Ÿ“ˆInvestors

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.

๐ŸฆRates

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.

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Data sources: Rentcast ยท Zillow ยท Federal Reserve (FRED)

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