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Los Angeles · Homes for Sale

Los Angeles Luxury Homes Over $5 Million


Curious how Los Angeles looks at $5 million and up? Read the numbers, then scan the matching listings. The Census ACS 2020-2024 top bracket of $2 million or more holds 14% of owner-occupied Los Angeles homes; it does not split values higher than that.

Top Neighborhood Medians

Look first at Hollywood Hills West ($2.24M median, 67 sales, 87 days on market), Fairfax District ($2.05M median, 20 sales, 63 days on market), Hollywood Hills ($1.81M median, 76 sales, 71 days on market) and Beverly Grove ($1.80M median, 42 sales, 119 days on market), the strongest Redfin medians in town. None reaches $5M at the median, so each listing at this level stands on its own.

ZIP Code Snapshot

In 90291, owners estimate a median value of over $2M (the ACS top value); 33% of occupied homes are owned and the typical home dates to 1959. The 91436 ZIP code, home to about 15,969 people, has a median owner value of over $2M (the ACS top value) and a 1962 median year built. For ZIP 90048, ACS lists a 1961 median year built, 28% owner occupancy and a median value of $1.93M.

Age and Building Type

ACS 2020-2024 estimates put the median owner-estimated home value in Los Angeles at $921,000. Redfin found 23% of Los Angeles homes under contract within two weeks of listing. Citywide, buyers paid a median of $622 per square foot.

Due Diligence Notes

If the home sits in an HOA, read the budget, rules and minutes. Ask for utility bills to size up the running cost of a larger home. Loans this size are often jumbo, above conforming limits. This is general information, not legal, lending or tax advice.

Own in Los Angeles already? Start with a free home value to see where you stand.

See also: Los Angeles homes for sale, Los Angeles homes under $400,000, Los Angeles homes under $300,000.

Data: Redfin, a national real estate brokerage, Jul-Sep 2026; U.S. Census ACS 2020-2024 5-year.

Jay Romero, Broker, DRE 01343079 | Miamar Realty | Call (949) 822-8702

Miamar Realty | Corporate DRE #02192235 | 14241 Firestone Blvd #400, La Mirada, CA 90638 | Equal Housing Opportunity.

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