During the height of the pandemic in 2022, the typical home took less than a month to go from listed to under contract, creating the fastest housing market in history. But since then, home prices and mortgage rates have climbed substantially, pricing out many would-be buyers and sellers and slowing the market to a crawl.

It’s not all bad news, though. Recently, more consumers have been testing the waters on the heels of slowly improving affordability—and buyers who are in the market are especially keen to take advantage of a slow and favorable landscape. Buyers face less competition in most parts of the country, giving them more room to negotiate.

So, how is the Los Angeles, CA market doing in 2026? How long does it take to buy a house in the city, and how much above or below asking do they sell? To find out, Redfin Real Estate analyzed the city’s market speed using several metrics, such as median days on market, share of homes that sell within one week, and the sale-to-list ratio. Metro-level data is seasonally adjusted except for median sale price. National-level data is seasonally adjusted except for median sale price. All data represents the monthly median for May 2026.

How long does it take to buy a house in Los Angeles, CA?

• Median days on market: 49 (+1 days YoY)
• Share of listings off-market in one week: 10.4% (+2.1% ppt YoY)
• Share of listings off-market in two weeks: 27.3% (+2.1% ppt YoY)
• Average sale-to-list ratio: 99.34% (-0.2% ppt YoY)
• Median sale price: $937,111 (+0.8% YoY)

How long does it take to buy a house nationwide?

• Median days on market: 49 days (+3 days YoY)
• Share of listings off-market in one week: 20.4% (+0.1 ppt YoY)
• Share of listings off-market in two weeks: 31.9% (+0.2 ppt YoY)
• Average sale-to-list ratio: 98.3% (-0.1 ppt YoY)
• Median sale price: $398,771 (+2.0% YoY)

This story was
produced by
Redfin Real Estate and reviewed and
distributed by Stacker.

The post How long does it take to buy a house in Los Angeles in 2026? appeared first on News Channel 3-12.

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 $368,720 in May, 0.8% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of June 11, the 30-year fixed mortgage rate sits at 6.52%.

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. Data was available for 151 cities and towns.

#30. Sierra Madre, CA

– Typical home value: $1,439,928
– 1-year price change: -2.2%
– 5-year price change: +22.5%

#29. Topanga, CA

– Typical home value: $1,446,502
– 1-year price change: -4.1%
– 5-year price change: +16.3%

#28. Laguna Niguel, CA

– Typical home value: $1,495,131
– 1-year price change: +3.5%
– 5-year price change: +60.8%

#27. Redondo Beach, CA

– Typical home value: $1,502,231
– 1-year price change: +2.1%
– 5-year price change: +23.2%

#26. Irvine, CA

– Typical home value: $1,547,649
– 1-year price change: -1.6%
– 5

Data shows that annual annual income depends heavily on an individual’s educational attainment, race, ethnicity, gender, and even location. One cluster of the United States is particularly well off: The five of the seven counties with the highest median household income in the country can be found in the Washington D.C. metropolitan areas of Maryland and Northern Virginia. These counties can likely attribute their wealth to their proximity to Washington D.C., which attracts highly educated and skilled people in areas of law and public policy. And people in those fields often marry each other, making two high-earning households one very high-earning household.

The 2024 real median household income in the United States was $83,730, statistically unchanged from the 2023 estimate of $82,690, according to the U.S. Census Bureau. Stacker compiled a list of the highest-earning counties in California using data from the U.S. Census Bureau. Counties are ranked by 2024 5-year estimate median household income.

Keep reading to learn more about the highest-earning counties in California.

#50. Merced County
– Median household income: $65,510
– Households earning over $100k: 30.2%
– Households earning less than $25k: 18.5%

#49. Plumas County
– Median household income: $66,031
– Households earning over $100k: 34.3%
– Households earning less than $25k: 16.8%

#48. Del Norte County
– Median household income: $67,058
– Households earning over $100k: 34.0%
– Households earning less than $25k: 19.0%

#47. Glenn County
– Median household income: $67,139
– Households earning over $100k: 31.8%
– Households earning less than $25k: 17.6%

#46. Lassen County
– Median household income: $67,403
– Households earning over $100k: 31.2%
– Households earning less than $25k: 17.6%

#45. Butte County
– Median household income: $67,928
– Households earning over $100k: 34.0%
– Households earning less than $25k: 19.3%

#44. Mendocino County
– Median household income: $68,092
– Households earning over $100k: 34.1%
– Households earning less than $25k: 19.0%

#43. Mariposa County
– Median household income: $68,412
– Households earning over $100k: 34.6%
– Households earning less than $25k: 17.3%

#42. Kern County
– Median household income: $70,210
– Households earning over $100k: 34.6%
– Households earning less than $25k: 17.1%

#41. Kings