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Los Angeles Market Update

Los Angeles Housing Market Update: 56 days to sell, down from 59

Los Angeles, here's how fast homes are selling.

A row of tall palm trees against an evening sky

Key takeaways

  • The median sale price in Los Angeles was $1,032,508 (3 months ending Sep 2026, Redfin), down 1.7% from a year earlier.
  • Homes in Los Angeles sold in a median of 56 days, compared with 59 days a year earlier (Redfin).
  • The average 30-year fixed rate was 7.32% (Freddie Mac PMMS, October 22, 2026).
  • At the Los Angeles median price with 20% down and a 7.32% rate, principal and interest come to about $5,674 a month.

Good morning, Los Angeles. This week's quick read is about pace: how long homes here are taking to sell, what that means if you're buying or selling, and a few things worth doing around town.

Monday Motivation

“Good decisions rarely feel rushed. Get clear on your numbers now, and you get to move on your timeline, not the market's.”

Move of the week: Look at how many days homes near you are taking to sell (it's in this update). If a move is on your radar for the next year, that number tells you how much runway to plan for.

Your Los Angeles Market

Median sale price$1,032,5083 months ending Sep 2026
vs. last year▼ -1.7%median sale price
Median days on market56vs. 59 a year earlier

Source: Redfin, Los Angeles housing market data for September 2026. 4,729 homes sold in September.

Rates this week: 30-yr fixed 7.32% · 15-yr fixed 6.68% (Freddie Mac PMMS, October 22, 2026), down from 7.40% and 6.71% the week before. A year ago: 6.19% and 5.44%.

Your LA County market page → · First-time buyer guide →

What It Means For You

If you're buying

At Los Angeles's median (Redfin, 3 months ending September 2026) of $1,032,508, putting 20% down, this week's 7.32% average 30-year rate works out to about $5,674/month in principal and interest, vs. about $5,054 at last year's 6.19%. Homes here sold in a median 56 days in September, vs. 59 a year earlier, so have your pre-approval ready before you tour.

If you're selling

Los Angeles's median sale price is down 1.7% from a year ago, and 4,729 homes sold in September with a median of 56 days on market. Pricing it right from the first week matters, and a value based on recent sales near you is the place to start.

Homeowner reminder · Safety

Clocks fall back Sunday. Test your alarms.

Daylight saving time ends this Sunday, Nov. 1, at 2 a.m. It's an easy reminder to check your smoke and carbon monoxide alarms. The U.S. Fire Administration says to test smoke alarms monthly, replace the batteries at least once a year, and replace the whole smoke alarm every 10 years. California's carbon monoxide law also requires CO detectors in homes that have a fossil-fuel-burning heater, appliance or fireplace.

Sources: NIST, 2026 daylight saving time dates; U.S. Fire Administration smoke alarm guidance (page reviewed Oct. 13, 2026); City of West Hollywood summary of California's Carbon Monoxide Poisoning Prevention Act of 2010.

A street lined with palm trees on a sunny day

Around Los Angeles

  • Downtown Día de los Muertos: Noche de los Muertos · Los Angeles
    Sun, Nov 1 · 3-7 p.m.
    Gloria Molina Grand Park, 200 N. Grand Ave. · No cost
  • L.A. Zoo Lights · Los Angeles
    Select evenings from Fri, Nov 20 through Jan 10
    Los Angeles Zoo, 5333 Zoo Dr. · Tickets from $19
  • Hollywood Christmas Parade · Los Angeles
    Sun, Nov 29
    Hollywood · Route map on the organizer's site

Event info from organizers' public listings and may change. Please confirm before you go.

Quick answers

What is the median home price in Los Angeles right now?

The median sale price in Los Angeles was $1,032,508 (3 months ending Sep 2026, Redfin), down 1.7% from a year earlier.

How fast are homes selling in Los Angeles?

Homes in Los Angeles sold in a median of 56 days, compared with 59 days a year earlier (Redfin).

What are mortgage rates this week?

The average 30-year fixed rate was 7.32% (Freddie Mac PMMS, October 22, 2026). Your own rate depends on your credit, down payment and loan type.

What is the monthly payment on a median-priced home in Los Angeles?

At the Los Angeles median price with 20% down and a 7.32% rate, principal and interest come to about $5,674 a month. Taxes, insurance and HOA dues are extra, and your payment will differ.

Thinking about buying or selling in Los Angeles?

Get a home value based on recent sales near you, or book 15 minutes to talk through your plan.

Get My Home Value Book 15 Minutes Los Angeles market page

or call/text 562-253-9034

Sources

  • Los Angeles: Redfin housing market page (median sale price for the 3 months ending September 2026; homes sold and median days on market for September 2026), accessed Oct 25-26, 2026
  • Mortgage rates: Freddie Mac Primary Mortgage Market Survey, week of October 22, 2026
  • Safety reminder: NIST (daylight saving time 2026); U.S. Fire Administration, Smoke alarms (reviewed Oct. 13, 2026); City of West Hollywood, Carbon Monoxide Law
  • Events: Grand Park (grandparkla.org) (Los Angeles), accessed Oct 25-26, 2026
  • Events: Los Angeles Zoo (lazoo.org) (Los Angeles), accessed Oct 25-26, 2026
  • Events: The Hollywood Christmas Parade (official site) (Los Angeles), accessed Oct 25-26, 2026

Information deemed reliable but not guaranteed.

Payment example: principal and interest only on a 30-year fixed loan of $826,006 (20% down on the Los Angeles median sale price (Redfin, 3 months ending September 2026) of $1,032,508), at 7.32% (Freddie Mac PMMS average, October 22, 2026) = $5,674/month vs. 6.19% (year-ago average) = $5,054/month. Excludes property taxes, insurance and HOA dues. Your rate and payment will differ. Not a loan offer or commitment.

Online home value estimates are approximate and not an appraisal.

This article is not legal, tax or insurance advice.

Photos via Unsplash (Unsplash License): Joel Mott, SHUXIN WU.

Memorial “Memo” Dinh | REALTOR® | CA DRE #02066757 | Epique Realty | Prestige Luxury Group | Equal Housing Opportunity

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