Home prices
The median home cost in Lomita is $604,300. In comparison to the surrounding areas it is approximately $539,680 (47%) lower.It is approximately $386,800 (177%) higher compared to the United States as a whole, and it is about $32,600 (5%) lower compared to the city of Los Angeles.
Rents
Lomita's median monthly rent is $1,394. This is roughly $964 (40%) lower in comparison to the surrounding areas.It is about $332 (31%) higher compared to the entire country, and it is approximately $56 (3%) lower compared to the city of Los Angeles.
Nearby places
Rolling Hills Estates
Rolling Hills Estates is Lomita's neighbor to the southwest. The housing prices there are substantially more expensive. The value of the median home in Rolling Hills Estates is $1,326,600, which is $722,300 (54%) higher than Lomita. Rents there are a lot more expensive. Rolling Hills Estates's median monthly rent is $3,353, which is $1,959 (58%) higher than Lomita.
Torrance
Torrance is Lomita's neighbor to the north. Its housing prices are a bit more expensive. The median home in Torrance costs $762,700, which works out to $158,400 (20%) higher than Lomita. Rent there is somewhat more expensive. Torrance's median monthly rent is $1,736, which is $342 (19%) higher than Lomita.
Rancho Palos Verdes
Rancho Palos Verdes is Lomita's neighbor to the southwest. Real estate prices there are substantially more expensive. The median home in Rancho Palos Verdes costs $1,156,700, which works out to $552,400 (47%) higher than Lomita. Rent there is significantly more expensive. The median rent in Rancho Palos Verdes is $2,643 per month, which is $1,249 (47%) higher than Lomita.
West Carson
West Carson is approximately 2 miles northeast from Lomita. Housing prices there are a little less expensive. West Carson's median home cost is $473,900, which is $130,400 (27%) lower than Lomita. Rents there are fairly similar. The median monthly rent in West Carson is $1,376, which comes out to $18 (1%) lower than Lomita.
Palos Verdes Estates
Palos Verdes Estates is approximately 4 miles west of Lomita. Real estate prices there are substantially more expensive. The value of the median home in Palos Verdes Estates is $2,000,000, which comes out to $1,395,700 (69%) higher than Lomita. Rent there is significantly more expensive. The median rent in Palos Verdes Estates is $2,683 a month, which works out to $1,289 (48%) higher than Lomita.
