Navigating Inglewood’s Evolving Housing Market

Navigating Inglewood’s Evolving Housing Market

Inglewood’s housing market has been experiencing notable changes, reflecting broader trends in the Los Angeles area. As of June 2026, the average home value in Inglewood stands at $764,548, marking a 2.4% increase over the past year. Homes typically go pending in around 35 days, indicating a moderately active market.

Market Trends

Recent data highlights a dynamic market. In May 2026, the median sale price reached $925,000, a 15.6% increase from the previous month and an 11.2% rise year-over-year. However, the number of homes sold decreased by 15.4% compared to April, suggesting a potential cooling in buyer activity.

Rental Landscape

For renters, the average rent in Inglewood is $2,605 as of June 2026, slightly above the national average of $1,965. This represents a 0.5% year-over-year increase, indicating relative stability in rental prices.

New Developments

Several housing developments are underway to address the growing demand. The Legends at Inglewood is set to introduce 571 for-rent townhomes, offering modern amenities and proximity to major entertainment venues. Additionally, a new nine-story affordable housing project at 721 & 729 Lamos St. is in the design phase, aiming to provide 469 one-bedroom units.

These developments reflect Inglewood’s commitment to expanding housing options and accommodating a diverse population.