Home prices in Los Angeles have risen to a median of $927,419, up 2.0% year-over-year and 1.4% month-over-month, marking a 48.4% increase since 2019. Nationally, the median price is $396,173, up 2.4% year-over-year and 1.6% month-over-month, a 55.4% rise since 2019. Affordability is expected to improve gradually as price growth slows and wages increase.