Home values in Los Angeles and Orange counties have reached a staggering $3.9 trillion, making them more valuable than the entire housing markets of Texas or Florida. Only New York state has a more valuable housing market. This information comes from a report by Zillow, which tracks total home values in the nation’s 50 largest metropolitan areas. The report, which analyzed data for the year ending in June 2025, as well as the pandemic era from February 2020 through June 2025, highlights the economic resilience of the Los Angeles-Orange County (LA-OC) area.
Despite economic challenges and the impact of January’s wildfires, home values in LA-OC have softened over the past year. However, the region’s housing market remains robust, with a collective valuation that surpasses even large states like Texas and Florida. Zillow’s report combines valuations for all homes in various communities without deducting mortgage liabilities.
This remarkable valuation underscores the desirability and economic strength of the LA-OC housing market, despite recent adversities. As the housing market continues to evolve, LA-OC remains a significant player on the national stage.
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