Los Angeles Housing Market Report – May 2026

Here's a look at how the Los Angeles, CA real estate market performed in May 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 1,010
  • Median Sale Price: $1,086,500
  • Average Sale Price: $1,525,219
  • Average Price Per Sq Ft: $754
  • Average Days on Market: 84
  • Sale-to-List Price Ratio: 99.1%

Month-Over-Month Trends

Compared to April, the median sale price in Los Angeles moved 1.1% up (from $1,075,000 to $1,086,500). The number of homes sold was 8.0% down compared to the prior month (1,098 vs. 1,010). Average days on market shifted 1.2% up (83 days to 84 days).

Year-Over-Year Comparison

Compared to May 2025, the median sale price is 27.8% up (from $850,000 to $1,086,500). Sales volume is 346.9% up year-over-year.

What This Means

Los Angeles housing continues its impressive upward trajectory, with median prices climbing 27.8 percent year-over-year to $1,086,500 in May. This sustained appreciation reflects the region's fundamental supply constraints and strong buyer demand despite higher interest rates. The modest 1.1 percent month-over-month gain suggests the market is settling into a more measured pace after the dramatic price increases of the past year, which is typical as summer approaches and seasonal dynamics shift.

What's worth noting is the slight deterioration in market conditions for sellers. Average days on market ticked up to 84 days, and the sale-to-list ratio of 99.1 percent indicates buyers are holding firmer on negotiations rather than bidding aggressively above asking. This shift, combined with inventory remaining robust at 7,592 active listings, suggests we're moving toward more equilibrium after a period of acute shortage. The median asking price of $1,195,000 sits notably above actual sales prices, signaling that seller expectations may still be slightly optimistic.

For now, Los Angeles remains a seller's market, but the pace of appreciation is moderating. Buyers finally have some breathing room and negotiating leverage they lacked over the past year, making this a meaningful inflection point worth monitoring.

Los Angeles Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
90049 47 $2,700,000 $1,306 75
90026 45 $1,425,000 $818 96
90066 34 $1,726,000 $951 56
90047 34 $715,000 $506 96
90024 34 $1,187,500 $770 85
90065 33 $1,199,000 $853 74
90044 32 $752,500 $471 100
90045 31 $1,850,000 $1,027 54
90042 30 $1,045,000 $754 89
90064 30 $1,640,550 $965 73
90046 29 $1,950,000 $927 77
90039 28 $1,602,500 $1,081 71
90016 27 $860,000 $653 73
90019 26 $1,480,000 $634 89
90025 24 $987,000 $799 78
90063 24 $733,500 $546 70
90043 24 $757,500 $543 76
90068 23 $1,750,000 $763 82
90034 22 $1,412,500 $921 59
90003 22 $607,000 $507 241
90011 20 $615,500 $529 94
90037 20 $862,500 $436 122
90035 20 $2,117,500 $699 87
90004 19 $1,625,000 $887 103
90031 18 $836,000 $634 66
90032 18 $747,500 $647 97
90027 17 $1,810,000 $872 73
90062 16 $808,750 $494 81
90001 15 $650,000 $637 80
90041 15 $1,499,999 $802 57
90048 15 $1,280,000 $762 92
90059 15 $560,000 $464 75
90006 13 $875,000 $553 75
90018 12 $1,150,000 $558 65
90069 11 $3,300,000 $1,295 124
90002 11 $650,000 $591 92
90023 11 $690,000 $535 54
90008 10 $1,150,000 $547 91
90033 10 $788,500 $365 131
90077 9 $2,575,000 $1,021 61
90036 9 $1,900,000 $738 65
90005 8 $1,087,000 $672 79
90022 8 $742,500 $754 126
90017 8 $634,000 $740 85
90007 8 $1,054,889 $318 94
90056 7 $1,300,000 $606 80
90015 7 $530,000 $584 90
90067 7 $1,975,000 $1,265 173
90061 6 $560,000 $515 94
90012 6 $600,000 $565 102
90057 5 $857,520 $339 103
90020 5 $900,000 $417 126
90029 4 $1,702,500 $750 66
90028 3 $900,000 $568 64
90038 3 $1,225,000 $443 165
90013 3 $440,000 $498 92
91040 2 $1,132,500 $672 51
91042 2 $1,062,500 $631 39
90230 1 $1,945,000 $836 42
90292 1 $1,788,000 $816 369
90502 1 $740,000 $511 43
91304 1 $1,000,000 $457 21
91306 1 $1,400,000 $438 60
91307 1 $1,000,000 $593 49
91324 1 $965,000 $619 N/A
91352 1 $735,000 $758 84
91356 1 $2,005,000 $474 75
91367 1 $875,000 $552 26
90058 1 $465,000 $510 54
91504 1 $575,000 $500 58
90010 1 $590,000 $648 55
91402 1 $715,000 $411 77
91605 1 $550,000 $546 86

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 587 $1,300,000 $865
MULTI_FAMILY 197 $960,000 $434
CONDOS 149 $810,000 $691
CONDO 23 $600,000 $604
OTHER 21 $2,616,000 $311
LAND 20 $845,000 N/A
TOWNHOMES 13 $940,000 $640

Sales by Price Range

Price Range Homes Sold
Under $100K 4
$100K - $199K 3
$200K - $299K 11
$300K - $399K 12
$400K - $499K 47
$500K - $749K 208
$750K+ 725

Current Active Listings

As of this report, there are 7,592 active listings in Los Angeles with a median asking price of $1,195,000 and an average of 101 days on market.

Thinking About Selling Your Los Angeles Home?

If you're a homeowner in Los Angeles considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Los Angeles and throughout Los Angeles County — get a no-obligation cash offer today.