Price Cuts High in 90038 Zip Code Real Estate Market

The 90038 zip code market is starting to look less expensive. While sales came in at four homes sold over the last 30 days, price reductions are the highest they've been in three months, with eight reported over the same period. During the same time frame, 90046 had the most price reductions of any other neighboring zip codes with 66. Prices are rising in the 90038 zip code, and the median sales price this period increased from $1,225,000 to $1,365,000. The 90038 zip code is a solid buyer's market, thanks to the rise in price reductions and the availability of eight months of remaining inventory.

With these listings in the 90038 zip code recently dropping in price, this may be the last time to see them before they come off the market:

$1.5M   $1.1M   $1.2M  

Get started right now by checking out 90038 homes for sale or reviewing 90038 real estate trends.

Demographic facts for the 90038 zip code:

  • This area has an affordability rating of 15. (Scale: 1 = Worst, 100 = Best)
  • The area gets 13.2 inches of rain a year. (U.S. average: 36.5)
  • The area's income per capita is $17,433.
  • The school rating in this area is 53. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Keller Williams Realty Los Feliz
3 reviews
keller williams
Snapped 1 home in this area
Keller Williams Realty Downtown LA
Snapped 7 homes in this area

Agents that specialize in this area
1 snap in this area
9 snaps in this area
2 snaps in this area
1 snap in this area
1 snap in this area
21 snaps in this area
1 snap in this area
1 snap in this area
2 snaps in this area
12 snaps in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.