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.
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:
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.