The Downtown Los Angeles housing market is not very competitive. The median sale price of a home in Downtown Los Angeles was $510K last month, down 14.3% since last year. The median sale price per square foot in Downtown Los Angeles is $575, down 2.3% since last year.
What is the housing market like in Downtown Los Angeles today?
In October 2024, Downtown Los Angeles home prices were down 14.3% compared to last year, selling for a median price of $510K. On average, homes in Downtown Los Angeles sell after 117 days on the market compared to 122 days last year. There were 33 homes sold in October this year, down from 62 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$510,000
-14.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Los Angeles, CA
$510,000
-14.3%
United States
To compare other locations to the Downtown Los Angeles 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Downtown Los Angeles
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 Downtown Los Angeles housing market?
Downtown Los Angeles is not very competitive. Homes sell in 138 days.
0
100
14
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 138 days.
Hot homes
can sell for about 1% below list price and go pending in around 111 days.
Learn about schools in the Downtown Los Angeles area
Elementary
Middle
High
GreatSchools Rating
7/10
Dolores Huerta Elementary School
Public • K-5
343
Students
5 reviews
5/10
Esperanza Elementary School
Public • K-5
714
Students
4 reviews
5/10
Twentieth Street Elementary School
Public • K-5
579
Students
4 reviews
4/10
Tenth Street Elementary School
Public • 1-5
470
Students
3 reviews
4/10
San Pedro Street Elementary School
Public • K-5
553
Students
8 reviews
Only showing 5 of
14 elementary schools.
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 Downtown Los Angeles housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Los Angeles.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Los Angeles has a minor risk of flooding. 6 properties in Downtown Los Angeles are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Downtown Los Angeles. Flood risk is increasing faster than the national average.
Downtown Los Angeles has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Los Angeles has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Los Angeles has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Downtown Los Angeles have a Major Heat Factor®.
Downtown Los Angeles is expected to see a 200% increase in the number of days over 92ºF over the next 30 years. Downtown Los Angeles is expected to experience 6