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Crenshaw-Imperial Gramercy Park Hollypark Imperial Highway (Imperial) Manchester Square Morningside Park North Gardena

LOS ANGELES, CA 90047

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

Neighborhoods in ZIP 90047

Crenshaw-Imperial · Gramercy Park · Hollypark · Imperial Highway (Imperial) · Manchester Square · Morningside Park · North Gardena

Market Analysis

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

The LOS ANGELES, CA real estate market (90047) currently shows 97 active listings, with 34 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 5 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 risen 2.7% year-over-year, from $750,000 to $770,000.

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: 52,200  ·  Density: 4,282.1/mi²  ·  Median household income: $67,018

Typical home value: $612,888  ·  Homeownership: 54.0%

Market Overview

Active Listings
97
⇧ 5.4% vs 92 last year
Pending
34
35% pending ratio
Median Price
$770,000
⇧ 2.7% vs $750,000 last year
Average Price
$791,981
⇧ 3.5% vs $765,558 last year
Days on Market
51
⇧ 2% vs 50 days last year

Price Per Square Foot

Median $/sqft
$573
⇩ 1.9% vs $584/sqft last year
Median Home Size
1,350 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 97 this year vs 92 last year
  • Days on market: 51 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $770,000 (+2.7% YoY)
  • Average: $791,981 (+3.5% 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 5.2 miles — 560 listings ($582,188,721 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
90047Los Angeles, CA 900470.0 mi91$71,215,781$768,700$782,591
90305Inglewood, CA 903051.3 mi34$27,366,770$768,475$804,905
90003Los Angeles, CA 900032.1 mi56$34,002,248$617,725$607,183
90301Inglewood, CA 903012.8 mi26$21,240,518$760,500$816,943
90304Inglewood, CA 903043.1 mi9$9,425,250$1,087,250$1,047,250
90062Los Angeles, CA 900623.4 mi42$34,865,250$804,500$830,125
90002Los Angeles, CA 900023.6 mi48$30,522,624$642,200$635,888
90001Los Angeles, CA 900013.7 mi25$15,457,950$592,500$618,318
90059Los Angeles, CA 900593.9 mi42$27,005,412$644,750$642,986
90056Los Angeles, CA 900564.4 mi29$59,520,528$2,296,000$2,052,432
90011Los Angeles, CA 900114.6 mi20$12,770,980$589,000$638,549
90018Los Angeles, CA 900185.1 mi57$66,245,970$1,085,750$1,162,210
90045Los Angeles, CA 900455.2 mi81$172,549,440$1,799,250$2,130,240

Frequently Asked Questions

How many homes are for sale in LOS ANGELES, CA 90047?

As of March 2026, there are 97 active listings in LOS ANGELES, CA (zip code 90047), compared to 92 the prior year.

What is the median home price in LOS ANGELES, CA 90047?

The median listing price in LOS ANGELES, CA 90047 is $770,000 as of March 2026, a 2.7% increase from $750,000 the prior year.

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

Homes in LOS ANGELES, CA 90047 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 90047?

Based on current inventory and days-on-market data as of March 2026, LOS ANGELES, CA 90047 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 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 90047 save an estimated $15,400 compared to a typical 5% commission on the median listing price of $770,000. 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.