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Koreatown Koreatown (Wilshire Center) Mid-Wilshire Wilshire

LOS ANGELES, CA 90005

Real Estate Market Report  ·  Los Angeles County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 90005

Koreatown · Koreatown (Wilshire Center) · Mid-Wilshire · Wilshire

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LOS ANGELES, CA real estate market (90005) currently shows 49 active listings, with 7 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 50 days last year.

The median listing price has fallen 20.8% year-over-year, from $925,000 to $733,000.

Whether you are buying or selling in LOS ANGELES, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 37,754  ·  Density: 12,355.1/mi²  ·  Median household income: $49,226

Typical home value: $1,018,810  ·  Homeownership: 7.8%

Market Overview

Active Listings
49
⇧ 4.3% vs 47 last year
Pending
7
14% pending ratio
Median Price
$733,000
⇩ 20.8% vs $925,000 last year
Average Price
$1,310,666
⇩ 13.1% vs $1,508,770 last year
Days on Market
51
⇧ 2% vs 50 days last year

Price Per Square Foot

Median $/sqft
$650
⇩ 4.3% vs $679/sqft last year
Median Home Size
1,210 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 49 this year vs 47 last year
  • Days on market: 51 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $733,000 (-20.8% YoY)
  • Average: $1,310,666 (-13.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 4.2 miles — 746 listings ($1,188,225,943 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
90005Los Angeles, CA 900050.0 mi47$62,931,026$711,000$1,338,958
90020Los Angeles, CA 900200.5 mi53$68,904,452$629,750$1,300,084
90004Los Angeles, CA 900041.2 mi54$147,027,528$1,444,000$2,722,732
90019Los Angeles, CA 900191.9 mi77$129,128,307$1,499,000$1,676,991
90029Los Angeles, CA 900292.3 mi16$18,670,288$1,185,000$1,166,893
90036Los Angeles, CA 900362.4 mi40$106,218,840$2,425,000$2,655,471
90017Los Angeles, CA 900172.6 mi62$41,301,052$597,750$666,146
90026Los Angeles, CA 900262.9 mi71$99,471,923$1,371,750$1,401,013
90016Los Angeles, CA 900163.3 mi72$72,441,288$952,125$1,006,129
90048Los Angeles, CA 900483.8 mi93$254,919,324$1,989,000$2,741,068
90008Los Angeles, CA 900083.9 mi62$79,902,562$1,267,250$1,288,751
90013Los Angeles, CA 900134.1 mi73$52,893,537$682,500$724,569
90211Beverly Hills, CA 902114.2 mi26$54,415,816$1,674,248$2,092,916

Frequently Asked Questions

How many homes are for sale in LOS ANGELES, CA 90005?

As of March 2026, there are 49 active listings in LOS ANGELES, CA (zip code 90005), compared to 47 the prior year.

What is the median home price in LOS ANGELES, CA 90005?

The median listing price in LOS ANGELES, CA 90005 is $733,000 as of March 2026, a 20.8% decrease from $925,000 the prior year.

How long do homes stay on the market in LOS ANGELES, CA?

Homes in LOS ANGELES, CA 90005 spend an average of 51 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in LOS ANGELES, CA 90005?

Based on current inventory and days-on-market data as of March 2026, LOS ANGELES, CA 90005 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 50 days last year.

How much can I save on real estate commission in LOS ANGELES, CA?

With SELL123.com's maximum 3% commission, sellers in LOS ANGELES, CA 90005 save an estimated $14,660 compared to a typical 5% commission on the median listing price of $733,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.