Cities with the most expensive homes in the Los Angeles metro area
Cities with the most expensive homes in the Los Angeles metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights affordability plays a huge role for buyers.
The typical home value in the United States was a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Los Angeles metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#30. Irvine, CA
- Typical home value: $1,308,421
- 1-year price change: +2.1%
- 5-year price change: +45.9%
#29. Arcadia, CA
- Typical home value: $1,312,589
- 1-year price change: +0.2%
- 5-year price change: +21.0%
#28. Sierra Madre, CA
- Typical home value: $1,353,428
- 1-year price change: -1.6%
- 5-year price change: +37.4%
#27. Redondo Beach, CA
- Typical home value: $1,369,978
- 1-year price change: -4.5%
- 5-year price change: +32.7%
#26. Los Alamitos, CA
- Typical home value: $1,412,418
- 1-year price change: +0.4%
- 5-year price change: +48.5%
#25. Dana Point, CA
- Typical home value: $1,507,951
- 1-year price change: +1.9%
- 5-year price change: +57.8%
#24. North Tustin, CA
- Typical home value: $1,527,093
- 1-year price change: +0.3%
- 5-year price change: +52.8%
#23. San Clemente, CA
- Typical home value: $1,538,522
- 1-year price change: +2.6%
- 5-year price change: +67.2%
#22. South Pasadena, CA
- Typical home value: $1,575,875
- 1-year price change: -4.3%
- 5-year price change: +32.4%
#21. Ladera Heights, CA
- Typical home value: $1,576,322
- 1-year price change: -3.7%
- 5-year price change: +51.0%
#20. El Segundo, CA
- Typical home value: $1,592,578
- 1-year price change: -3.0%
- 5-year price change: +38.6%
#19. Calabasas, CA
- Typical home value: $1,638,927
- 1-year price change: -2.9%
- 5-year price change: +44.2%
#18. Topanga, CA
- Typical home value: $1,640,903
- 1-year price change: -2.7%
- 5-year price change: +44.8%
#17. Santa Monica, CA
- Typical home value: $1,682,105
- 1-year price change: -6.4%
- 5-year price change: +11.8%
#16. Coto de Caza, CA
- Typical home value: $1,694,264
- 1-year price change: +0.5%
- 5-year price change: +58.3%
#15. Rancho Palos Verdes, CA
- Typical home value: $1,813,862
- 1-year price change: -0.5%
- 5-year price change: +48.0%
#14. Rolling Hills Estates, CA
- Typical home value: $1,946,885
- 1-year price change: -2.4%
- 5-year price change: +46.9%
#13. Villa Park, CA
- Typical home value: $2,027,101
- 1-year price change: +1.6%
- 5-year price change: +58.4%
#12. La Canada Flintridge, CA
- Typical home value: $2,111,825
- 1-year price change: -6.7%
- 5-year price change: +31.7%
#11. Bradbury, CA
- Typical home value: $2,118,249
- 1-year price change: -6.4%
- 5-year price change: +9.0%
#10. Hermosa Beach, CA
- Typical home value: $2,163,865
- 1-year price change: -1.5%
- 5-year price change: +32.5%
#9. San Marino, CA
- Typical home value: $2,430,691
- 1-year price change: -7.6%
- 5-year price change: +10.8%
#8. Palos Verdes Estates, CA
- Typical home value: $2,655,808
- 1-year price change: -2.2%
- 5-year price change: +41.7%
#7. Laguna Beach, CA
- Typical home value: $2,730,647
- 1-year price change: -0.5%
- 5-year price change: +45.6%
#6. Manhattan Beach, CA
- Typical home value: $2,956,987
- 1-year price change: -2.3%
- 5-year price change: +34.3%
#5. Newport Beach, CA
- Typical home value: $3,056,199
- 1-year price change: +3.0%
- 5-year price change: +52.7%
#4. Malibu, CA
- Typical home value: $3,334,678
- 1-year price change: -5.1%
- 5-year price change: +42.2%
#3. Beverly Hills, CA
- Typical home value: $3,662,557
- 1-year price change: -5.9%
- 5-year price change: +29.1%
#2. Rolling Hills, CA
- Typical home value: $4,182,718
- 1-year price change: -5.5%
- 5-year price change: +42.4%
#1. Hidden Hills, CA
- Typical home value: $4,880,112
- 1-year price change: -4.4%
- 5-year price change: +55.4%
This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.
