Mid-Wilshire Homes & Real Estate
Welcome to your top real estate source for the newest home listings in Mid-Wilshire. Modern and upscale, Mid-Wilshire, CA is a neighborhood located in the heart of Los Angeles, California. For those who want to live near Los Angeles, CA and in an upscale community, this location can be ideal. It is home to numerous smaller neighborhoods and home to over 41,600 people. Yet, the city is small, spanning less than three square miles. For those considering this community, it is important to consider the real estate market here carefully. For current information about Mid-Wilshire, California homes for sale or to schedule a private showing, call your Los Angeles area real estate experts today. Read more about Mid-Wilshire real estate.
Homes For Sale in Mid-Wilshire, CA
Mid-Wilshire Real Estate Market
One of the key things to know about real estate in Mid-Wilshire is just how in demand it is. Though the area has a solid amount of homes on the market, home buyers will face increasing home prices. The median sale price for a home here is $1.23 million. This is about $759 per square foot. This makes the community moderate to high priced for Los Angeles County. Yet, it is one area with fast rising home prices overall. Over the previous 12 months, home values have climbed 31 percent. For those who wish to buy a home in Mid-Wilshire, inventory can range from low to moderate levels.
The area does have some rental property. However, these homes are few. The median rent per month in the area at this time is just under $6,000 per month. This makes it rather expensive to rent here and may be more affordable to purchase a home in the community. For those who wish to build a home in the area, Mid-Wilshire offers several options. Home building is possible especially on reclaimed properties. Home builders to the area include Sunset Built Inc. Others may be available as well.
Mid-Wilshire Community Amenities
For those wishing to live in Mid-Wilshire, a number of neighbors exist here, each with a different function and layout. In Park Mile, there is a significant amount of commercial development as well as single-family homes. Sycamore Square is another area, which is mostly a residential area. Miracle Mile is one of the most well known areas of the city. It is home to a large retail development. It was developed in the 1920s and was focused on pedestrian traffic.
Numerous amenities are available throughout the city. This includes the Queen Anne Recreation Center with sports courts, play areas, and an auditorium. The Little Ethiopia area attracts people throughout the region for its Ethiopian restaurants and shops.
Mid-Wilshire Real Estate Agents
Planning to buy or sell a home in Mid-Wilshire? Let our Los Angeles area real estate team guide you through the sale of your current home or the purchase of your next Mid-Wilshire property. As local real estate agents, we're well-versed in the unique market dynamics of Mid-Wilshire real estate. We're ready to work with you today!
Contact The DOMO Group to learn more about representation for buyers and sellers. Preparing to sell your Mid-Wilshire home? View our comparative market analysis page to receive a free Mid-Wilshire home value analysis within moments.