Los Angeles real estate statistics show a high-value, tightly priced housing market with different conditions inside the city and across Los Angeles County. In March 2026, the median sale price was $1,025,000 in Los Angeles city and $910,000 countywide, while county median rent was $3,185. Population, ownership, household income, permits, and office-market data add important context to those headline figures.
Contents
- Key March 2026 housing-market figures
- Los Angeles city versus county prices
- Sales pace, competition, and price changes
- Inventory, rents, and housing costs
- Population and household context
- Income, tenure, and affordability signals
- Permits and commercial real estate
Key March 2026 housing-market figures
Redfin’s March 2026 housing-market figures describe a county market with a $910,000 median sale price. County home prices were down 1.6% year over year, while 4,251 homes sold, 3.9% more than a year earlier. The median home remained on the market for 45 days, three days longer year over year. The county sale-to-list price ratio was 99.9%, 39.6% of homes sold above list price, and 20.9% had price drops. (Redfin)
The Los Angeles city market was more expensive on the same measure. Redfin reported a $1,025,000 median sale price in March 2026, with prices down 5.5% year over year. The city recorded 1,560 home sales, down 0.19% year over year, and a 50-day median time on market, up one day. Its sale-to-list price ratio was 99.5%; 34.4% of homes sold above list price, and 20.8% had price drops. (Redfin)
| March 2026 measure | Los Angeles city | Los Angeles County |
|---|---|---|
| Median sale price | $1,025,000 | $910,000 |
| Homes sold | 1,560 | 4,251 |
| Median days on market | 50 | 45 |
| Sale-to-list price | 99.5% | 99.9% |
| Homes sold above list price | 34.4% | 39.6% |
| Homes with price drops | 20.8% | 20.9% |
These measures describe different geographies: the city figures cover Los Angeles city, while the county figures cover Los Angeles County. They should not be treated as interchangeable market boundaries.
Los Angeles city versus county prices
The March 2026 median sale price was $115,000 higher in Los Angeles city than in Los Angeles County. Redfin also reported a city median sale price of $637 per square foot, down 1.2% year over year. Los Angeles homes received three offers on average, and the city’s homes sold in around 51 days in Redfin’s competitiveness view for the last three months. Redfin described hot homes as potentially selling for about 3% above list price and going pending in around 26 days. (Redfin)
Realtor.com reported a different set of county measures for March 2026. County median listing price was $950,000, median sale price was down 4.90% year over year, and price per square foot was $626. Median days on market were 47, up 11.90% year over year. About 28.2K homes were for sale. (Realtor.com)
The difference between a median sale price and a median listing price matters: the former describes completed transactions, while the latter describes current asking prices. The Redfin and Realtor.com measures also use separate reporting systems, so their values are best read as distinct indicators rather than combined into one calculation.
Sales pace, competition, and price changes
The city and county data point to a market where transactions are still closing near asking prices, but annual price direction is negative. County homes sold at 99.9% of list price according to Redfin, while city homes sold at 99.5%. County sales increased 3.9% year over year, compared with a 0.19% decline in the city. Meanwhile, annual prices fell 1.6% countywide and 5.5% in the city. (Redfin)
The share of listings with price reductions was nearly identical: 20.9% in the county and 20.8% in the city. Above-list sales were more common countywide at 39.6%, compared with 34.4% in the city. Median market time was also shorter in the county at 45 days than in the city at 50 days. These figures suggest that location-level conditions matter even within the same broader metropolitan housing market.
Realtor.com’s county data add an inventory signal: homes for sale increased 5.29% year over year in March 2026. Its rental inventory also increased 10.61% year over year, reaching 27.0K current rentals. The combination of more homes for sale and more rentals provides a broader supply measure than closed-sale counts alone. (Realtor.com)
Inventory, rents, and housing costs
County median rental price was $3,185 in March 2026, down 3.48% year over year according to Realtor.com. The same source reported 27.0K current rentals. By comparison, the U.S. Census Bureau’s Los Angeles County QuickFacts reported median gross rent of $1,954, while its 2019–2023 figure was $1,893. These Census figures use a different period and measure from the March 2026 Realtor.com market snapshot. (Realtor.com; U.S. Census Bureau QuickFacts: Los Angeles County, California)
For Los Angeles city, the Census Bureau reported median gross rent of $1,933 and a median value of owner-occupied housing units of $921,200. The city’s owner-occupied housing unit rate was 36.0%. Countywide, the owner-occupied rate was 45.9%, and the median value of owner-occupied housing units was $834,200. QuickFacts also reported a county median value of $783,300 for 2019–2023, again reflecting a separate measurement period. (U.S. Census Bureau QuickFacts: Los Angeles city, California; U.S. Census Bureau QuickFacts: Los Angeles County, California)
Monthly owner costs provide another view of housing expenses. In Los Angeles city, median selected monthly owner costs were $3,497 with a mortgage and $1,001 without a mortgage. In Los Angeles County, the median selected monthly owner cost without a mortgage was $843. These values are not mortgage payments alone; they are the Census Bureau’s selected owner-cost measures. (U.S. Census Bureau QuickFacts: Los Angeles city, California; U.S. Census Bureau QuickFacts: Los Angeles County, California)
Population and household context
Los Angeles city had an estimated population of 3,878,704 on July 1, 2024, compared with a Census population of 3,898,747 on April 1, 2020. The city’s population changed by -0.5% from the April 1, 2020 base to July 1, 2024. Its 2010 Census population was 3,792,621. (U.S. Census Bureau QuickFacts: Los Angeles city, California)
Los Angeles County had an estimated population of 9,757,179 on July 1, 2024. Its April 1, 2020 Census population was 10,014,009, and its 2010 Census population was 9,818,605. County population changed by -2.6% from the April 1, 2020 base to July 1, 2024. These are population estimates and Census counts for explicitly different dates. (U.S. Census Bureau QuickFacts: Los Angeles County, California)
The city had 1,439,097 households and 2.61 persons per household. County households numbered 3,416,449, with 2.81 persons per household. Residential stability was high in both geographies: 89.3% of city residents age one and over lived in the same house one year earlier, compared with 90.8% countywide. (U.S. Census Bureau QuickFacts: Los Angeles city, California; U.S. Census Bureau QuickFacts: Los Angeles County, California)
Los Angeles city residents under age 5 represented 5.0% of the population, those under 18 represented 19.2%, and residents age 65 and over represented 14.2%. County shares were 4.9%, 19.9%, and 16.1%, respectively. The city population was 50.2% female; the county population was 50.5% female. (U.S. Census Bureau QuickFacts: Los Angeles city, California; U.S. Census Bureau QuickFacts: Los Angeles County, California)
Income, tenure, and affordability signals
Los Angeles city’s median household income was $81,939 in 2024 dollars, and per capita income was $47,685 in 2024 dollars. The city poverty rate was 16.5%. County median household income was $90,112 in 2024 dollars. (U.S. Census Bureau QuickFacts: Los Angeles city, California; U.S. Census Bureau QuickFacts: Los Angeles County, California)
The city’s civilian labor force participation rate for residents age 16 and over was 66.4%, including a female participation rate of 61.1%. Countywide, the corresponding rates were 64.7% and 59.3%. Mean travel time to work in the city was 30.7 minutes. (U.S. Census Bureau QuickFacts: Los Angeles city, California; U.S. Census Bureau QuickFacts: Los Angeles County, California)
Los Angeles city was 35.7% foreign-born, and 56.4% of residents age 5 and over spoke a language other than English at home. County figures were 55.1% for the latter language measure. Educational attainment also differed: 79.6% of city residents age 25 and over had a high school diploma or higher, and 38.5% had a bachelor’s degree or higher. County shares were 80.9% and 36.0%. (U.S. Census Bureau QuickFacts: Los Angeles city, California; U.S. Census Bureau QuickFacts: Los Angeles County, California)
City households with a computer represented 96.4%, and 92.6% had a broadband Internet subscription. County shares were 96.7% and 93.0%. The city’s under-65 disability rate was 7.5%, and 10.7% of residents under 65 lacked health insurance. County figures were 7.3% and 8.8%. (U.S. Census Bureau QuickFacts: Los Angeles city, California; U.S. Census Bureau QuickFacts: Los Angeles County, California)
Permits and commercial real estate
Los Angeles County recorded 19,809 building permits in 2024, according to U.S. Census Bureau QuickFacts. Permits measure authorized construction activity, not completed homes or changes in the resale market. (U.S. Census Bureau QuickFacts: Los Angeles County, California)
The county’s 2022 retail sales totaled $213,932,785,000, including $21,281 in retail sales per capita. Accommodation and food services sales totaled $44,000,801,000. For Los Angeles city, 2022 retail sales were $81,351,523,000, or $21,281 per capita, while accommodation and food services sales were $17,366,966,000. City health care and social assistance receipts and revenue totaled $46,297,839,000, and transportation and warehousing receipts and revenue totaled $25,410,257,000. (U.S. Census Bureau QuickFacts: Los Angeles city, California; U.S. Census Bureau QuickFacts: Los Angeles County, California)
Commercial real estate data show a separate office-market story. NAI Capital Commercial reported that Los Angeles County office occupied space increased by 348,604 square feet quarter over quarter in Q1 2025, reaching more than 332 million square feet. Direct net absorption was approximately 230,383 square feet, and sublease net absorption was 118,221 square feet. Office vacancy fell to 16.7%, down 30 basis points from the prior quarter, but remained 30 basis points higher year over year. (NAI Capital Commercial)
NAI Capital reported 10.9 million square feet of available sublease space, down 4.3% year over year, and about 66 million square feet of direct availability. Office sales volume was about 1.6 million square feet, down 56.4% from Q4 2024 but up 42.6% year over year. Average office sale price was $249 per square foot, down 36.2% year over year. (NAI Capital Commercial)
Other Q1 2025 office reports use different market definitions. Colliers reported 3.7 million square feet of Greater Los Angeles office leasing activity, a 40-basis-point vacancy decrease, and sublease availability of 4.4%, down from a 5.0% peak. Leasing activity remained below its 4.7-million-square-foot pre-pandemic quarterly average. Cushman & Wakefield reported Los Angeles office vacancy of 24.5%, a total market size of 212,769,259 square feet, 45,772,815 square feet of available space, and negative net absorption of 638,092 square feet. (Colliers; Cushman & Wakefield)
Cushman & Wakefield also reported direct available space of 6,395,526 square feet and average asking rent of $3.60 per square foot monthly. Vacancy was 21.1% in Los Angeles North, 20.9% in Los Angeles South, 25.3% in Tri-Cities, and 8.8% in the San Gabriel Valley. NAI Capital reported Tri-Cities sublease asking rent averaging $2.25 per square foot, or 40.3% below direct space, alongside the county’s 16.7% Q1 2025 office vacancy. The differing vacancy figures reflect different report boundaries and methodologies. (Cushman & Wakefield; NAI Capital Commercial)