North Hollywood is the second-most expensive neighborhood in Los Angeles but also the wealthiest, with a cost of living adjustment score of 135.0 and a median income of $41,131 per household. With a median age of 50 years, homes in North Hollywood tend to be older than most. Heading the list of top schools in the neighborhood is Carpenter Avenue Elementary School.
Some of the least expensive homes in Los Angeles are in North Hollywood with a median home value of $349,751, while the list prices of available homes is currently at an average of $593,384. The North Hollywood market remained below its 12-month average sales volume this week as sales fell to 54 homes sold over the last 30 days.
Wonder which homes are generating the most buzz? Here are the most viewed listings in North Hollywood:
The typical dwelling in North Hollywood is a three-bedroom detached home worth about $600,403. To purchase a similar home, a buyer with good credit and a $120,081 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,450 monthly payment. The property tax rate is $7.73 per $1,000 of taxable assessed value.