Housing in 90717 Lomita, CA is expensive compared to the US average. The median value of a house in 90717 Lomita is $804,000, which is more than double the US House Median Value of $338,100. Although the US housing market has seen an appreciation rate of 8.27% over the past year, Lomita's real estate market has appreciated at a slightly slower rate of 5.55%. Despite this difference in appreciation rates, it is clear that 90717 Lomita remains a desirable location for those looking to invest in property as homes are still selling at significantly higher values than other locations across the country.
The median home cost in Lomita (zip 90717) is $804,000. Home appreciation the last 10 years has been 115.7%. Home Appreciation in Lomita (zip 90717) is up 14.3%.
Average Age of Homes
- The median age of Lomita (zip 90717) real estate is 53 years old
The Rental Market in Lomita (zip 90717)
- Renters make up 55.1% of the Lomita (zip 90717) population
- 1.0% of houses and apartments in Lomita (zip 90717), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.