The story of this market
The typical home in ZIP 90047 sells for about $757,000, or $500 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $2,347 a month.
ZIP 90047 — Los Angeles
The 90047 housing market is currently balanced with homes selling at approximately the asking price. Market activity is driven by regional economic conditions and improved transit access via the new rail station. Several metrics, including specific tax rates and detailed demographic breakdowns, were not available at the ZIP level.
This ZIP is suitable for commuters and families looking for historic housing stock with improved transit connectivity via the new rail infrastructure.
Median prices moved up 3.5% year over year.
Homes spend a median of 50 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 90047, Los Angeles County CA
The area is seeing development interest along transit corridors, with density bonus rules applying to lots near the new rail station.
The area is served by the Crenshaw Corridor and features a new rail station, facilitating transit access toward regional employment centers.
The area features historic Spanish and Craftsman architecture and is located near the Crenshaw Boulevard corridor.
The rental market shows a slight downward trajectory in asking rents with moderate vacancy pressure.
The local economy is influenced by regional Los Angeles employment trends and transit-oriented development along the Crenshaw Corridor.
The area is well-connected via the Crenshaw Corridor and the new rail station, providing transit access to the broader Los Angeles region.
Development is focused on transit-oriented density bonuses along the Crenshaw Boulevard corridor.
Data sourced from Data Commons and Census Bureau estimates.
Major transit and commercial artery serving the neighborhood.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.