Japantown / Little Tokyo, CA Housing Market

The Japantown / Little Tokyo housing market is somewhat competitive. The median sale price of a home in Japantown / Little Tokyo was $520K last month, up 26.8% since last year. The median sale price per square foot in Japantown / Little Tokyo is $594, up 6.6% since last year.

Trends
Demand
Schools
Climate

Japantown / Little Tokyo Housing Market Trends

What is the housing market like in Japantown / Little Tokyo today?

In April 2025, Japantown / Little Tokyo home prices were up 26.8% compared to last year, selling for a median price of $520K.

$520K

Sale Price

+30.4%
since last year

$594

Sale $/Sq. Ft.

+6.6%
since last year

Under List Price

1.8%

Days on Market

Down Payment

28.9%

Total Homes Sold

To compare other locations to the Japantown / Little Tokyo and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Los Angeles add value to a home.

Work with the best agents in Japantown / Little Tokyo

Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.

How hot is the Japantown / Little Tokyo housing market?

Japantown / Little Tokyo is somewhat competitive. Homes sell in 70 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 70 days.
Hot homes
can sell for around list price and go pending in around 46 days.

Compare With Nearby Neighborhoods

Echo Park

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 6% above list price and go pending in around 37 days.
Hot homes
can sell for about 16% above list price and go pending in around 24 days.

Downtown Los Angeles

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 121 days.
Hot homes
can sell for around list price and go pending in around 55 days.

See more nearby cities and neighborhoods

View houses in Japantown / Little Tokyo that sold recently

Recently sold homes

SOLD FEB 28, 2025
$415,000
2 beds
2 baths
970 sq ft
267 S San Pedro St #520, Los Angeles, CA 90012
List Price
—
Sale to List
—
Days on Market
—
267 S San Pedro St #520, Los Angeles, CA 90012
SOLD DEC 27, 2024
$582,000 Last Sold Price
2 beds
2 baths
1,050 sq ft
222 S Central Ave #141, Los Angeles, CA 90012
Forecast Realty Inc.
List Price
$599,000
Sale to List
3% under list
Days on Market
192 days
222 S Central Ave #141, Los Angeles, CA 90012
SOLD DEC 9, 2024
$390,000 Last Sold Price
2 beds
2 baths
970 sq ft
267 S San Pedro St #218, Los Angeles, CA 90012
List Price
$399,500
Sale to List
2% under list
Days on Market
218 days
267 S San Pedro St #218, Los Angeles, CA 90012
SOLD DEC 3, 2024
$535,000 Last Sold Price
1 bed
1 bath
862 sq ft
222 S Central Ave #239, Los Angeles, CA 90012
List Price
$535,000
Sale to List
0% over list
Days on Market
74 days
222 S Central Ave #239, Los Angeles, CA 90012

Schools in Japantown / Little Tokyo

Learn about schools in the Japantown / Little Tokyo area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Japantown / Little Tokyo housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Japantown / Little Tokyo.

Provided by First Street Foundation

More real estate resources for Japantown / Little Tokyo

New Listings in Japantown / Little Tokyo

Nearby Neighborhood Housing Markets

City Housing Markets

Zip Code Housing Markets

Nearby Neighborhood Listings

City Listings

Zip Code Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.