Market Overview
Home Prices in Lomita, CA
The median home value in Lomita, CA is $923,638 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and down 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lomita are priced125% above average. Lomita is part of the Los Angeles-Long Beach-Anaheim, CA metro area.
Over the past five years, Lomita home values have risen by approximately13.5%, reflecting steady appreciation in this market.
Price History
Lomita Home Price Trend
City Comparison
Lomita vs. National Median
At $923,638, homes in Lomita cost 125% above the national median of $410,000. Buyers in Lomita should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lomita?
20% Down Payment
$184,728
on $923,638
Monthly P&I
$4,817/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,118/mo
incl. taxes & insurance
Income Needed
$244,720
gross annual (30% rule)
10% Down Option
$92,364
+ PMI applies
Loan Amount (20% dn)
$738,910
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lomita, CA?
The median home value in Lomita is $923,638 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Lomita?
Over the past year, home values in Lomita have increased by 1.2%. Over five years, prices have risen approximately 13.5%.
How much do I need to earn to buy a home in Lomita?
To comfortably afford the median home price of $923,638 with a 20% down payment ($184,728) at today's rates (6.8%), you'd need a gross annual income of approximately $244,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Lomita compare to the national average home price?
The national median home value is approximately $410,000. At $923,638, homes in Lomita are 125% above the national average.
What metro area is Lomita part of?
Lomita is part of the Los Angeles-Long Beach-Anaheim, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.