Los Angeles FHA Loan Rates, Closing Costs & Stats

Los Angeles-Long Beach-Anaheim, CA

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Los Angeles's 260 lenders originated 21,978 FHA loans during 2021. The total origination value was $10,493,970,000, with an average FHA loan value of $477,476.

Los Angeles FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Los Angeles averaged -0.11% for the week of 2022-11-25, compared to the national average (all FHA variants) of 0% for the same period.

Los Angeles's average FHA mortgage closing costs are $13,610.

The average rate for the prior week (2022-11-18) was 6.62% and one month ago for the week of 2022-10-21, the average rate was 6.82%.

The average rate one year ago was 3.4%.

For refis of the same type during the week of 2022-11-25, the average rate was -0.12%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Los Angeles FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Los Angeles level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 1,650 2.71% $15,352
QUICKEN LOANS, LLC 1,401 2.60% $11,754
FREEDOM MORTGAGE CORPORATION 645 2.62% $9,167
BECKAM FUNDING CORP. 534 3.91% $26,256
BROKER SOLUTIONS, INC. 486 3.01% $14,128
OCMBC, INC. 484 2.84% $14,611
LOANDEPOT.COM, LLC 480 2.91% $15,640
CALIBER HOME LOANS, INC. 429 2.71% $13,080
Mr. Cooper ( Nationstar Mortgage ) 404 2.93% $8,136
AMERICAN FINANCIAL NETWORK, INC. 388 2.85% $19,033
HOME POINT FINANCIAL CORPORATION 378 2.67% $13,443
PENNYMAC LOAN SERVICES, LLC 372 2.84% $10,196
Lakeview Community Capital, LLC 362 2.76% $8,065
LAKEVIEW LOAN SERVICING, LLC 352 2.75% $8,666
Carrington Mortgage Services, LLC 304 3.19% $14,378
Equity Prime Mortgage LLC 299 3.04% $16,034
FINANCE OF AMERICA MORTGAGE LLC 290 2.86% $15,754
HOMEBRIDGE FINANCIAL SERVICES, INC. 288 2.76% $13,200
NEWREZ LLC 277 2.82% $11,213
SUN WEST MORTGAGE COMPANY, INC. 248 2.96% $14,814
Paramount Residential Mortgage Group, Inc. 227 2.97% $16,067
Hometown Equity Mortgage, LLC 204 3.05% $17,290
GUILD MORTGAGE COMPANY 198 2.86% $15,796
VILLAGE CAPITAL MORTGAGE 182 2.56% $5,349
NATIONS DIRECT MORTGAGE, LLC 181 2.96% $15,281
CROSSCOUNTRY MORTGAGE, LLC 154 3.01% $15,805
HOME APPROVALS DIRECT, INC. 147 3.01% $17,381
PLANET HOME LENDING, LLC 143 2.71% $11,227
CAMPOS FINANCIAL CORP. 135 3.08% $16,078
AMERICAN PACIFIC MORTGAGE CORPORATION 130 3.01% $16,942
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 123 3.17% $16,550
CALCULATED RISK ANALYTICS LLC 121 3.10% $14,767
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 115 3.12% $15,346
Commerce Home Mortgage, Inc. 115 3.08% $14,417
Golden Empire Mortgage, Inc. 109 3.11% $17,633
Flagstar Bank, FSB 100 2.86% $14,102
AUGUSTA FINANCIAL, INC. 90 2.85% $14,324
JMJ FINANCIAL GROUP 90 2.89% $18,353
VISION ONE MORTGAGE, INC. 87 3.04% $9,645
PANORAMA MORTGAGE GROUP, LLC 86 3.06% $16,654
MORTGAGE MANAGEMENT CONSULTANTS, INC. 86 3.13% $10,897
First Guaranty Mortgage Corporation 84 2.81% $11,250
AmeriHome Mortgage Company, LLC 82 2.73% $9,396
MOVEMENT MORTGAGE, LLC 73 2.88% $14,844
BAY EQUITY LLC 72 3.04% $15,988
Home Mortgage Alliance Corp 72 2.98% $19,676
GUARANTEED RATE, INC. 72 2.83% $15,321
CMG MORTGAGE, INC. 69 2.92% $18,126
InterContinental Capital Group, Inc 67 2.59% $10,855
AMERISAVE MORTGAGE CORPORATION 64 2.79% $12,438
STEARNS LENDING, LLC 59 2.87% $13,657
HighTechLending Inc 54 2.98% $12,927
WALL FINANCIAL, INC. 52 2.83% $17,864
CELEBRITY HOME LOANS, LLC 52 3.04% $14,844
MOUNTAIN WEST FINANCIAL, INC. 52 2.97% $16,017
ARK-LA-TEX FINANCIAL SERVICES, LLC. 52 2.75% $14,145
ALAMEDA MORTGAGE CORPORATION 49 2.95% $14,262
WESTERN EXPRESS LENDING 48 2.57% $13,536
Barrington Bank & Trust Company, N.A. 47 3.11% $14,786
DRAPER AND KRAMER MORTGAGE CORP. 44 3.08% $13,723
KBHS HOME LOANS, LLC 42 2.85% $16,798
PRIMELENDING, A PLAINSCAPITAL COMPANY 42 2.94% $16,795
RESIDENTIAL BANCORP. 39 3.04% $18,417
ML Mortgage Corp. 38 2.95% $16,545
Sierra Pacific Mortgage Company, Inc. 37 2.86% $14,449
BEST CAPITAL FUNDING 37 3.02% $16,528
Franklin Loan Corporation 37 3.08% $15,914
AHL FUNDING 36 3.17% $19,624
DIGNIFIED HOME LOANS, LLC 35 2.89% $13,394
NMSI, INC. 33 2.96% $18,206
HOMEAMERICAN MORTGAGE CORPORATION 33 2.72% $8,607
United Fidelity Funding Corp. 33 2.93% $14,433
CIT Bank 32 2.82% $17,911
MEGA CAPITAL FUNDING, INC. 31 2.67% $17,506
PLAZA HOME MORTGAGE, INC. 30 2.76% $14,979
INTERNATIONAL CITY MORTGAGE, INC. 30 3.07% $16,536
LENDING 3, INC. 28 3.27% $14,578
First Standard Financial Corp. 28 3.03% $17,725
DATA MORTGAGE, INC. 27 3.25% $17,976
LADERA LENDING, INC. 27 2.94% $12,309
LENDUS, LLC 27 2.72% $18,369
iCore Lending, Inc. 24 2.92% $19,971
Hometown Lenders, Inc. 24 2.99% $17,855
SECURITYNATIONAL MORTGAGE COMPANY 22 3.01% $17,170
The Federal Savings Bank 22 2.66% $14,489
EAGLE HOME MORTGAGE, LLC 21 3.06% $17,249
MUTUAL OF OMAHA MORTGAGE, INC. 21 2.68% $12,669
SUMMIT FUNDING, INC. 20 3.15% $17,133
SOVEREIGN LENDING GROUP INCORPORATED 20 2.79% $11,517
ONY GLO, INC. 20 2.75% $14,664
MLD MORTGAGE INC. 20 2.88% $14,313
MID AMERICA MORTGAGE, INC. 20 2.86% $5,533
OPEN MORTGAGE, LLC 19 2.68% $14,649
AMERIFIRST FINANCIAL CORPORATION 18 3.26% $19,366
LOANPAL, LLC 18 2.75% $13,240
JPMorgan Chase Bank 17 2.99% $12,576
INSPIRE HOME LOANS INC. 17 2.83% $17,444
GUARANTEED RATE AFFINITY, LLC 16 2.82% $17,944
INTELLILOAN, INC. 16 2.86% $11,534
MUFG Union Bank 16 2.70% $14,538
PRIMUS LENDING CORP. 16 2.91% $21,975
MASON MCDUFFIE MORTGAGE CORPORATION 15 2.88% $14,009
U.S. Bank 15 2.83% $15,551
TOP FLITE FINANCIAL, INC. 15 3.13% $24,233
FIRST CENTENNIAL MORTGAGE CORPORATION 15 2.53% $21,479
JMAC LENDING, INC. 15 2.91% $16,463
GEO-CORP, INC. 14 2.81% $15,770
MICHIGAN MUTUAL, INC. 14 2.87% $14,848
EMBRACE HOME LOANS, INC. 14 2.63% $13,128
Nations Lending Corporation 14 3.30% $17,348
GENEVA FINANCIAL, LLC 13 2.90% $16,642
CORNERSTONE HOME LENDING, INC. 13 3.17% $18,046
South Pacific Financial Corporation 12 2.82% $16,176
Prime Choice Funding Inc. 12 2.71% $10,711
Century Mortgage Company DBA Century Lending Company 12 2.66% $15,186
ST FIN CORP 12 3.06% $19,882
EVERETT FINANCIAL, INC. 11 3.25% $11,493
NFM, INC. 11 3.02% $17,647
PARKSIDE LENDING, LLC 10 2.76% $11,587
Watermark Capital, Inc. 10 2.78% $16,614
NETWORK CAPITAL FUNDING CORPORATION 10 3.18% $17,256
LOANLEADERS OF AMERICA, INC. 9 2.68% $9,722
AXIA FINANCIAL, LLC 9 2.89% $14,240
ACADEMY MORTGAGE CORPORATION 9 2.89% $18,509
Bank of America 9 3.10% $13,036
DEL SUR CORPORATION 9 3.06% $13,817
M&T Bank 8 2.84% $11,174
CONTOUR MORTGAGE CORPORATION 7 2.64% $22,035
MORTGAGE SOLUTIONS OF COLORADO, LLC 7 3.29% $21,993
MORTGAGE CAPITAL PARTNERS, INC. 7 2.61% $16,559
FBC MORTGAGE, LLC 6 2.90% $14,489
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 3.17% $19,305
Residential Mortgage Solutions, Inc. 6 2.31% $9,669
UNITED SECURITY FINANCIAL CORP 6 2.77% $5,784
BRIDGELOCK CAPITAL 6 2.81% $18,547
LENOX FINANCIAL MORTGAGE CORPORATION 6 2.56% $11,375
MORIA DEVELOPMENT, INC. 6 2.85% $21,928
DAS Acquisition Company, LLC 6 3.21% $17,360
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 6 3.19% $20,471
IAPPROVE LENDING 6 2.63% $12,958
VAN DYK MORTGAGE CORPORATION 5 3.20% $12,590
Strong Home Mortgage, LLC 5 2.73% $5,954
CHURCHILL MORTGAGE CORPORATION 5 2.57% $14,014
CHERRY CREEK MORTGAGE, LLC 5 2.65% $6,892
CANOPY MORTGAGE, LLC 5 2.30% $18,078
Peoples Bank 5 2.83% $15,060
ZILLOW HOME LOANS, LLC 5 2.83% $11,085
NEXERA HOLDING LLC 5 2.83% $14,341
Platinum Home Mortgage Corporation 4 3.12% $20,031
BAYSHORE MORTGAGE FUNDING, LLC 4 3.00% $14,739
MK LENDING CORP. 4 2.66% $15,145
LAND HOME FINANCIAL SERVICES, INC. 4 2.84% $11,387
Goldwater Bank, N.A. 4 3.13% $20,014
The Home Loan Expert LLC 4 2.72% $15,618
Summit Mortgage Corporation 4 2.78% $14,968
DHI MORTGAGE COMPANY, LTD. 4 2.63% $16,576
Bank of England 4 3.00% $20,998
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 4 3.31% $14,792
HOMESIDE FINANCIAL, LLC 4 2.97% $12,189
ROUNDPOINT MORTGAGE SERVICING CORPORATION 4 3.13% $14,319
ARC HOME LLC 4 2.90% $10,817
Amerifirst Financial, Inc. 4 3.34% $16,668
HOME FUNDING CORPORATION 4 2.84% $25,692
RESIDENTIAL WHOLESALE MORTGAGE, INC. 4 2.56% $13,549
PHH Mortgage Corporation 4 3.03% $10,371
BEST FINANCE CAPITAL, INC. 4 2.97% $15,278
ABSOLUTE HOME MORTGAGE CORPORATION 3 2.63% $9,049
AMERICAN FINANCIAL RESOURCES, INC. 3 2.83% $9,579
Bank of the West 3 3.63% $13,350
CHOICE LENDING CORP. 3 2.54% $11,226
CLEARPATH LENDING 3 2.83% $6,819
DIRECT MORTGAGE, CORP. 3 2.63% $23,636
ENVOY MORTGAGE, LTD 3 3.08% $20,223
GoPrime Mortgage, Inc. 3 2.96% $21,277
HOMEOWNERS FIRST MORTGAGE, LLC 3 3.25% $16,716
HomeStreet Bank 3 2.88% $14,615
NEW WEST LENDING, INC. 3 2.50% $12,898
PREMIER LENDING, INC. 3 3.08% $14,820
PREMIER MORTGAGE RESOURCES, L.L.C. 3 3.33% $16,498
RANLIFE, INC. 3 2.79% $17,618
Wells Fargo Bank 3 3.29% $14,544
NP, Inc. 2 2.69% $21,456
NuVision Federal Credit Union 2 2.69% $13,352
OCEANSIDE MORTGAGE COMPANY 2 2.50% $6,603
Neighborhood Loans, Inc. 2 2.31% $16,783
Paramount Bank 2 2.69% $10,715
Mortgage Research Center, LLC 2 3.25% $14,075
PARTNERS UNITED FINANCIAL, LLC 2 2.87% $13,871
KINECTA 2 3.38% $9,550
ALL WESTERN MORTGAGE, INC. 2 3.19% $18,148
GRANDE HOMES, INC. 2 3.13% $10,143
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 2.88% $16,364
Colten Mortgage, LLC 2 2.56% $13,232
COASTAL FUNDING SLC, INC. 2 2.88% $12,275
CITY FIRST MORTGAGE SERVICES, L.L.C. 2 3.38% $16,908
Texana Bank 2 2.56% $11,061
Citizens Bank 2 3.00% $12,370
TJC Mortgage, Inc. 2 2.50% $13,148
CAPSTONE DIRECT, INC. 2 2.25% $10,459
CALCON MUTUAL MORTGAGE LLC 2 2.69% $22,886
US MORTGAGE CORPORATION 2 2.38% $18,190
ANGEL OAK HOME LOANS LLC 2 2.81% $11,788
Ameris Bank 2 2.44% $14,735
AMERICAN FINANCING CORPORATION 2 2.75% $14,270
AMCAP MORTGAGE, LTD. 2 2.81% $15,406
Waterstone Mortgage Corporation 2 3.13% $21,834
NEW WAVE LENDING GROUP INC 2 2.69% $15,704
NOVA FINANCIAL & INVESTMENT CORPORATION 2 3.75% $11,592
Prosperity Home Mortgage, LLC 1 3.13% $19,846
BNB FINANCIAL INC. 1 3.00% $14,225
Wyndham Capital Mortgage, Inc. 1 2.50% $8,902
RELIANCE FIRST CAPITAL, LLC 1 2.50% $19,972
Reliant Bank 1 3.13% $14,383
GOLDEN WEST ALLIANCE, INC. 1 3.25% $17,429
Florida Capital Bank 1 2.88% $12,550
FIRST NATIONS HOME FINANCE CORPORATION 1 3.00% $21,168
First Mortgage Solutions, LLC 1 2.75% $12,680
S1L, Inc. 1 3.75% $23,325
First Federal Bank 1 3.75% $19,134
Shea Mortgage Inc. 1 2.75% $12,573
FIRST COMMUNITY MORTGAGE, INC. 1 3.13% $7,615
SNAPFI, INC. 1 3.13% $4,499
First Bank 1 2.63% $21,595
FAMILY FIRST FUNDING LLC 1 2.50% $20,511
Evolve Bank & Trust 1 3.13% $13,043
BETTER MORTGAGE CORPORATION 1 2.88% $17,779
Colonial Savings, F.A. 1 2.75% $22,559
BELEM SERVICING LLC 1 2.50% $8,336
CITYWIDE HOME LOANS, LLC 1 2.99% $13,570
Sunflower Bank 1 2.88% $11,653
WALL STREET MORTGAGE BANKERS, LTD. 1 3.25% $18,281
SWBC MORTGAGE CORPORATION 1 3.75% $15,150
Banner Bank 1 2.25% $11,267
VERITAS FUNDING, LLC 1 2.25% $11,418
CIS Financial Services, Inc. 1 2.88% $6,977
OAKTREE FUNDING CORP. 1 2.75% $14,231
THRIVE MORTGAGE, LLC 1 3.25% $13,563
Northpointe Bank 1 2.75% $14,779
NBKC BANK 1 2.75% $13,084
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.00% $19,584
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 3.13% $24,051
NATIONS RELIABLE LENDING, LLC 1 3.13% $26,489
North American Savings Bank, F.S.B. 1 2.38% $16,727
TOTAL MORTGAGE SERVICES, LLC 1 3.25% $7,520
MORTGAGE 2000, INC. 1 2.99% $9,033
TOWNE MORTGAGE COMPANY 1 3.25% $24,049
MEGASTAR FINANCIAL CORP. 1 3.00% $24,329
Magnolia Bank 1 3.13% $16,955
Low VA Rates, LLC 1 2.50% $6,657
Plains Commerce Bank 1 2.75% $15,592
Loan Simple, Inc. 1 2.25% $18,112
Lend Smart Mortgage, LLC 1 2.50% $11,523
TruHome Solutions, LLC 1 2.75% $19,743
Truist 1 3.13% $6,867
WINNPOINTE CORPORATION 1 3.13% $5,760
ISERVE RESIDENTIAL LENDING, LLC 1 3.25% $23,701
INTERCAP LENDING INC. 1 3.13% $12,914
GSF Mortgage Corporation 1 3.25% $10,461
A&D Mortgage LLC 1 3.13% $17,011
Princeton Mortgage Corporation 1 3.25% $17,712

The top Los Angeles FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 1,650 FHA loans originated. Their average total fees are $15,352, which is $3,598 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Los Angeles FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($5,349), MID AMERICA MORTGAGE, INC. ($5,533), Lakeview Community Capital, LLC ($8,065), Mr. Cooper ( Nationstar Mortgage ) ($8,136) and HOMEAMERICAN MORTGAGE CORPORATION ($8,607).

The lowest rate Los Angeles FHA lenders (with over 10 loans originated) are FIRST CENTENNIAL MORTGAGE CORPORATION (2.53%), VILLAGE CAPITAL MORTGAGE (2.56%), WESTERN EXPRESS LENDING (2.57%), InterContinental Capital Group, Inc (2.59%) and QUICKEN LOANS, LLC (2.60%).

Los Angeles FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
LOS ANGELES-LONG BEACH-ANAHEIM, CA LOS ANGELES 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
LOS ANGELES-LONG BEACH-ANAHEIM, CA ORANGE 2022 $970,800 $1,243,050 $1,502,475 $1,867,275

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Los Angeles (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $778,750 (9.8%) $1,736,504 (14.7%) 2.89 12,709
2018-02-01 $789,444 (7.9%) $1,725,793 (11.2%) 2.87 13,762
2018-03-01 $799,900 (5.8%) $1,721,381 (6.8%) 2.81 14,582
2018-04-01 $825,000 (6.5%) $1,701,555 (4.8%) 2.80 15,991
2018-05-01 $824,450 (3.9%) $1,702,194 (4.0%) 2.75 17,287
2018-06-01 $820,000 (4.3%) $1,686,287 (3.7%) 2.73 18,773
2018-07-01 $799,975 (2.7%) $1,651,547 (2.9%) 2.67 20,304
2018-08-01 $784,450 (2.0%) $1,584,772 (-1.3%) 2.63 21,230
2018-09-01 $769,200 (0.0%) $1,559,038 (-3.0%) 2.58 22,128
2018-10-01 $762,500 (-0.5%) $1,557,410 (-4.8%) 2.58 22,809
2018-11-01 $753,250 (-2.1%) $1,549,098 (-6.9%) 2.55 22,803
2018-12-01 $749,000 (-3.8%) $1,569,118 (-9.7%) 2.58 20,249
2019-01-01 $741,250 (-4.8%) $1,567,497 (-9.7%) 2.56 18,976
2019-02-01 $749,450 (-5.1%) $1,602,096 (-7.2%) 2.53 19,544
2019-03-01 $770,571 (-3.7%) $1,632,531 (-5.2%) 2.52 19,914
2019-04-01 $798,500 (-3.2%) $1,651,123 (-3.0%) 2.54 20,315
2019-05-01 $805,000 (-2.4%) $1,679,606 (-1.3%) 2.52 21,490
2019-06-01 $825,000 (0.6%) $1,677,275 (-0.5%) 2.58 21,766
2019-07-01 $829,950 (3.8%) $1,688,535 (2.2%) 2.60 22,120
2019-08-01 $836,084 (6.6%) $1,702,962 (7.5%) 2.65 21,545
2019-09-01 $837,724 (8.9%) $1,726,645 (10.8%) 2.68 20,589
2019-10-01 $836,818 (9.8%) $1,749,156 (12.3%) 2.70 19,699
2019-11-01 $835,000 (10.9%) $1,808,386 (16.7%) 2.74 17,808
2019-12-01 $844,500 (12.8%) $1,894,561 (20.7%) 2.82 14,182
2020-01-01 $849,000 (14.5%) $1,954,498 (24.7%) 2.84 12,852
2020-02-01 $889,000 (18.6%) $1,991,934 (24.3%) 2.91 12,921
2020-03-01 $907,000 (17.7%) $2,002,167 (22.6%) 2.84 12,849
2020-04-01 $855,000 (7.1%) $1,828,007 (10.7%) 2.68 13,349
2020-05-01 $875,000 (8.7%) $1,818,890 (8.3%) 2.66 15,180
2020-06-01 $916,037 (11.0%) $1,916,978 (14.3%) 2.70 15,185
2020-07-01 $947,000 (14.1%) $2,001,331 (18.5%) 2.74 14,678
2020-08-01 $950,000 (13.6%) $2,037,666 (19.7%) 2.72 14,455
2020-09-01 $949,450 (13.3%) $2,017,992 (16.9%) 2.72 14,576
2020-10-01 $949,000 (13.4%) $2,027,320 (15.9%) 2.72 14,867
2020-11-01 $949,500 (13.7%) $2,055,844 (13.7%) 2.77 14,227
2020-12-01 $949,444 (12.4%) $2,165,196 (14.3%) 2.82 12,063
2021-01-01 $950,000 (11.9%) $2,268,195 (16.1%) 2.84 10,297
2021-02-01 $968,444 (8.9%) $2,344,829 (17.7%) 2.82 9,973
2021-03-01 $969,000 (6.8%) $2,312,559 (15.5%) 2.75 9,780
2021-04-01 $972,450 (13.7%) $2,281,743 (24.8%) 2.63 9,810
2021-05-01 $972,000 (11.1%) $2,292,061 (26.0%) 2.57 9,752
2021-06-01 $964,500 (5.3%) $2,265,237 (18.2%) 2.54 10,254
2021-07-01 $949,950 (0.3%) $2,182,693 (9.1%) 2.50 11,086
2021-08-01 $917,000 (-3.5%) $2,129,268 (4.5%) 2.45 11,133
2021-09-01 $910,000 (-4.2%) $2,118,210 (5.0%) 2.43 10,586
2021-10-01 $924,900 (-2.5%) $2,165,405 (6.8%) 2.47 10,111
2021-11-01 $909,950 (-4.2%) $2,216,200 (7.8%) 2.43 8,898
2021-12-01 $907,500 (-4.4%) $2,343,139 (8.2%) 2.46 7,126
2022-01-01 $920,000 (-3.2%) $2,480,758 (9.4%) 2.49 6,134
2022-02-01 $947,500 (-2.2%) $2,514,929 (7.3%) 2.46 6,535
2022-03-01 $972,347 (0.4%) $2,452,480 (6.1%) 2.43 6,968
2022-04-01 $980,000 (0.8%) $2,348,317 (2.9%) 2.34 7,570
2022-05-01 $990,000 (1.9%) $2,241,865 (-2.2%) 2.26 10,043
2022-06-01 $995,450 (3.2%) $2,150,591 (-5.1%) 2.22 12,008
2022-07-01 $970,000 (2.1%) $2,018,904 (-7.5%) 2.19 14,755
2022-08-01 $950,000 (3.6%) $1,960,764 (-7.9%) 2.19 15,070
2022-09-01 $949,444 (4.3%) $1,974,459 (-6.8%) 2.22 14,498
2022-10-01 $939,888 (1.6%) $1,964,592 (-9.3%) 2.21 14,630
Los Angeles's median listing price for 2022-10-01 was $939,888, a difference of $14,988 (1.6%) versus the prior year and $-9,556 versus the prior month.

Los Angeles's median listing price comes in at 221% of the national average.

Los Angeles's average listing price for 2022-10-01 was $1,964,592, a difference of $-200,813 (-9.3%) versus the prior year and $-9,867 versus the prior month.

For the 2022-10-01 period, Los Angeles had 14,630 MLS listings, a difference of 132 listings (1%) versus the prior month and 4,519 listings (45%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Los Angeles (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 48 days 1,865 sqft
2018-02-01 30 days 1,876 sqft
2018-03-01 31 days 1,888 sqft
2018-04-01 32 days 1,907 sqft
2018-05-01 31 days 1,913 sqft
2018-06-01 33 days 1,906 sqft
2018-07-01 36 days 1,898 sqft
2018-08-01 37 days 1,850 sqft
2018-09-01 40 days 1,818 sqft
2018-10-01 41 days 1,798 sqft
2018-11-01 45 days 1,778 sqft
2018-12-01 54 days 1,766 sqft
2019-01-01 57 days 1,750 sqft
2019-02-01 41 days 1,756 sqft
2019-03-01 42 days 1,795 sqft
2019-04-01 43 days 1,831 sqft
2019-05-01 43 days 1,857 sqft
2019-06-01 46 days 1,876 sqft
2019-07-01 47 days 1,889 sqft
2019-08-01 48 days 1,883 sqft
2019-09-01 50 days 1,875 sqft
2019-10-01 52 days 1,865 sqft
2019-11-01 54 days 1,860 sqft
2019-12-01 65 days 1,859 sqft
2020-01-01 66 days 1,864 sqft
2020-02-01 45 days 1,901 sqft
2020-03-01 45 days 1,921 sqft
2020-04-01 52 days 1,831 sqft
2020-05-01 61 days 1,844 sqft
2020-06-01 51 days 1,870 sqft
2020-07-01 47 days 1,884 sqft
2020-08-01 46 days 1,873 sqft
2020-09-01 46 days 1,853 sqft
2020-10-01 46 days 1,841 sqft
2020-11-01 52 days 1,823 sqft
2020-12-01 63 days 1,814 sqft
2021-01-01 65 days 1,806 sqft
2021-02-01 46 days 1,799 sqft
2021-03-01 40 days 1,799 sqft
2021-04-01 41 days 1,806 sqft
2021-05-01 39 days 1,805 sqft
2021-06-01 37 days 1,786 sqft
2021-07-01 36 days 1,760 sqft
2021-08-01 37 days 1,724 sqft
2021-09-01 40 days 1,718 sqft
2021-10-01 39 days 1,720 sqft
2021-11-01 44 days 1,713 sqft
2021-12-01 50 days 1,714 sqft
2022-01-01 46 days 1,696 sqft
2022-02-01 31 days 1,699 sqft
2022-03-01 30 days 1,722 sqft
2022-04-01 29 days 1,732 sqft
2022-05-01 29 days 1,729 sqft
2022-06-01 32 days 1,736 sqft
2022-07-01 34 days 1,702 sqft
2022-08-01 41 days 1,701 sqft
2022-09-01 47 days 1,704 sqft
2022-10-01 49 days 1,702 sqft
Los Angeles's median listing age (time on market) for 2022-10-01 was 49 days. This is 26% longer than the same period one year ago.

Los Angeles's median square footage for active listings during the 2022-10-01 period was 1,702 sqft. One year prior, the average listing was 1,720 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).