
"In 2021, during the peak of the pandemic housing market that saw L.A. home prices skyrocket, The Times compiled a list of the newest neighborhoods to join the proverbial "million-dollar club," where the typical single-family home value is above $1 million. Five years later, plenty more have made the cut. Whereas the previous group featured trendy L.A. neighborhoods (Echo Park, Highland Park), South L.A. enclaves (Crenshaw, Leimert Park) and slices of the San Fernando Valley (Porter Ranch, Woodland Hills),"
"Now, million-dollar homes are flung farther north into the Valley, farther south into the South Bay, and farther east into the foothills of the Verdugo and San Gabriel mountains. Home values across the region haven't spiked in the same way they did during the pandemic. Instead, they steadily rose month after month, turning once-semi-affordable communities into seven-figure spots, according to Zillow's Home Value Index."
Many more Los Angeles neighborhoods have reached a typical single-family home value above $1 million between 2021 and 2025. Growth concentrated farther north into the Valley, farther south into the South Bay, and farther east into the Verdugo and San Gabriel foothills. Home values rose steadily month after month rather than spiking, according to Zillow's Home Value Index, converting once-semi-affordable communities into seven-figure markets. Adams Hill in Glendale rose from $983,515 to $1.12 million with 1920s bungalows and Spanish Colonial homes; views command prices over $1 million and buildable lots remain. Chatsworth rose from $925,501 to $1.02 million as a lower-density suburban retreat.
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