Lomita's October First-Time Homebuyer Report

Lomita is older than the rest of California, with a median age of 39. It's somewhat affluent as well, with a median income of $53,616 per household. The Lomita market is primarily made up of detached homes, currently accounting for 75% overall. The best school in the city is Eshelman Avenue Elementary School.

Price Range

Some of the more expensive homes in California are in Lomita with a median home value of $411,600 and an average list price for available homes currently at $639,004. Over the last 30 days, 12 homes were sold in the Lomita market, up 9.1%. However, the market is still in a new downward trend overall.

Make sure you take a look at these eye-catching homes in Lomita that generated the most views from potential buyers:

$475K   $410K   $1.6M  

Typical Dwelling

A three-bedroom detached home valued around $631,474 is considered a typical dwelling in Lomita. If a buyer was looking for a similar home, they would need good credit and a $126,295 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,718 and the property tax rate is $7.73 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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