{"id":922922,"date":"2025-12-30T09:21:57","date_gmt":"2025-12-30T14:21:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/"},"modified":"2025-12-30T09:21:57","modified_gmt":"2025-12-30T14:21:57","slug":"46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/","title":{"rendered":"$46 billion in housing was within the 2025 Los Angeles wildfire zones"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p class=\"prntac\">\n        <i>One year later, home values near the fire zones have largely followed Los Angeles trends, while inventory and rents show more lasting shifts<\/i>\n      <\/p>\n<ul type=\"disc\">\n<li>According to Zillow data, $46 billion in residential housing value across 19,605 homes lay within the Palisades and Eaton fire perimeters, where the median home value was $1.95 million as of December 2024.<\/li>\n<li>For-sale housing supply near the fire zones surged in the immediate aftermath, Zillow data shows. Within 5 miles of the fire areas, new listings jumped sharply from December 2024 to January 2025. Total inventory remains elevated compared with the rest of the Los Angeles metro area.<\/li>\n<li>Home values near the perimeters of the fires have largely tracked Los Angeles metro trends, but rent growth has run higher, according to Zillow data. The median home value within 5 miles of the fire zones is down 1.7% since December 2024, while the median list rent has risen 3.4%.<\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\">SEATTLE<\/span>, <span class=\"legendSpanClass\">Dec. 30, 2025<\/span> \/PRNewswire\/ &#8212;\u00a0The Palisades and Eaton fires that burned through parts of the Los Angeles area in January 2025 took a significant human toll, including <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4587345-1&amp;h=826564757&amp;u=https%3A%2F%2Fassets.aon.com%2F-%2Fmedia%2Ffiles%2Faon%2Freports%2F2025%2Fq1-2025-global-catastrophe-recap.pdf&amp;a=at+least+30+deaths\" target=\"_blank\" rel=\"nofollow\">at least 30 deaths<\/a><\/u>. Beyond the human impact, a <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4587345-1&amp;h=2291641513&amp;u=https%3A%2F%2Fwww.zillow.com%2Fresearch%2Fla-fires-by-the-numbers-35909%2F&amp;a=new+Zillow%C2%AE+analysis\" target=\"_blank\" rel=\"nofollow\">new Zillow\u00ae analysis<\/a><\/u> shows the fires exposed $46 billion in residential housing value within the affected areas.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/844956\/Zillow_v2_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/844956\/Zillow_v2_Logo.jpg\" title=\"Zillow logo (PRNewsfoto\/Zillow Group)\" alt=\"Zillow logo (PRNewsfoto\/Zillow Group)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Before containment, the fires <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4587345-1&amp;h=2212006269&amp;u=https%3A%2F%2Flaedc.org%2Fwildfirereport%2F%232025-la-wildfires-and-comparative-study%2F1&amp;a=burned+through+40%2C000+acres\" target=\"_blank\" rel=\"nofollow\">burned through 40,000 acres<\/a><\/u>, threatening roughly 20,000 homes \u2014 including multifamily units. Reports show that <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4587345-1&amp;h=370004856&amp;u=https%3A%2F%2Flaedc.org%2Fwildfirereport%2F%232025-la-wildfires-and-comparative-study%2F4&amp;a=more+than+11%2C000+single-family+homes+alone+were+destroyed\" target=\"_blank\" rel=\"nofollow\">more than 11,000 single-family homes alone were destroyed<\/a><\/u>. One year later, home values near areas affected by the fires are little changed, while inventory and rents have seen some lasting impacts.<\/p>\n<p>&#8220;The fires cut through some of the Los Angeles area&#8217;s most valuable homes, where the median value approached $2 million,&#8221; said Orphe Divounguy, senior economist at Zillow. &#8220;While home values nearby have dipped a bit, in line with broader Los Angeles trends, the most evident impact was on supply. The sharp increase in listings just outside the burn zones likely reflects a mix of homeowners accelerating planned sales or owners of second homes deciding to list in response to the sudden shift in local demand. Displaced homeowners who were forced to become renters and a shift in tenure choice appear to have contributed to the increase in rents relative to prices.&#8221;<\/p>\n<p>Zillow data shows the scope of housing exposure within the fire perimeters, as of December 31, 2024:<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prnpr2 prnpl2 prnvab prntac prncbts prnbrbrs prnbbbs prnbsbls\" colspan=\"2\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Housing exposure within the Palisades and Eaton fire <br \/>perimeters (Zillow data, as of December 31, 2024)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnpr2 prnpl2 prnvab prntac prnsbtb1 prnbrbrs prnbbbs prnbsbls\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Measure<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnpr2 prnpl2 prnvab prntac prnsbtb1 prnbrbrs prnbbbs prnsblb1\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Value<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Number of residential units<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">19,605<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Total home value<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">$45.9 billion<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Median home value<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">$1,949,153<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Total bedrooms<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">59,680<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Median home size (square feet)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">1,960<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Median year built<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">1954<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Homes valued at $5 million or more<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">1,582<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Homes valued at $10 million or more<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">175<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>Home values in areas within 5 miles of the fire perimeters largely followed broader Los Angeles metro trends. The median home value in this zone fell 1.7% from December 2024 to November 2025, similar to the 1.9% decline for homes in the Los Angeles metro area more than 20 miles from the fire perimeters.<\/p>\n<p>The clearest impacts appeared in for-sale supply near the fire zones. In the immediate aftermath, new listings within 5 miles of the fire perimeters surged 194% in January 2025 compared with December 2024 \u2014 more than double the 91% increase seen more than 20 miles from the fires \u2014 and remained 45% above pre-fire levels in November 2025. Active inventory rose 50.4% between December 2024 and November 2025, outpacing inventory growth elsewhere in the metro \u2014 inventory is up 34.8% more than 20 miles from the fires over the same period.<\/p>\n<p>In the rental market, median list rents showed little immediate disruption near the fire perimeters, dipping just 0.1% from December 2024 to January 2025. Over time, rents within 5 miles rose 3.4% through November 2025, compared with a 1.7% increase beyond 20 miles.<\/p>\n<p>According to First Street data that is available on Zillow for-sale listings, 94% of properties that burned were labeled as having &#8220;severe&#8221; or &#8220;extreme&#8221; wildfire risk. <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4587345-1&amp;h=1251184783&amp;u=https%3A%2F%2Fosfm.fire.ca.gov%2Fwhat-we-do%2Fcommunity-wildfire-preparedness-and-mitigation%2Ffire-hazard-severity-zones&amp;a=Cal+Fire%27s+Fire+Hazard+Severity+Zone\" target=\"_blank\" rel=\"nofollow\">Cal Fire&#8217;s Fire Hazard Severity Zone<\/a><\/u> maps captured only 21% of these same properties as &#8220;very high&#8221; risk, reflecting differences in modeling approaches. Home shoppers on Zillow can access this information regarding the risk of wildfire and other natural disasters by clicking through to First Street&#8217;s website via the climate risk module on all Zillow for-sale listings.<\/p>\n<p>\n        <b>About Zillow Group<br \/><\/b>Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate app and website in the United States, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, dedicated real estate professionals, and easier buying, selling, financing, and renting experiences.<\/p>\n<p>Zillow Group&#8217;s affiliates, subsidiaries and brands include Zillow\u00ae, Zillow Premier Agent\u00ae, Zillow Home Loans\u2120, Zillow Rentals\u00ae, Trulia\u00ae, Out East\u00ae, StreetEasy\u00ae, HotPads\u00ae, ShowingTime+\u2120, Spruce\u00ae, and Follow Up Boss\u00ae.<\/p>\n<p>All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (<u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4587345-1&amp;h=2385178391&amp;u=http%3A%2F%2Fwww.nmlsconsumeraccess.org%2F&amp;a=www.nmlsconsumeraccess.org\" target=\"_blank\" rel=\"nofollow\">www.nmlsconsumeraccess.org<\/a><\/u>). \u00a9 2025 MFTB Holdco, Inc., a Zillow affiliate.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=SF54561&amp;sd=2025-12-30\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones-302650398.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones-302650398.html<\/a><\/p>\n<p>SOURCE Zillow<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF54561&amp;Transmission_Id=202512300803PR_NEWS_USPR_____SF54561&amp;DateId=20251230\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire One year later, home values near the fire zones have largely followed Los Angeles trends, while inventory and rents show more lasting shifts According to Zillow data, $46 billion in residential housing value across 19,605 homes lay within the Palisades and Eaton fire perimeters, where the median home value was $1.95 million as of December 2024. For-sale housing supply near the fire zones surged in the immediate aftermath, Zillow data shows. Within 5 miles of the fire areas, new listings jumped sharply from December 2024 to January 2025. Total inventory remains elevated compared with the rest of the Los Angeles metro area. Home values near the perimeters of the fires have largely tracked Los Angeles metro trends, but &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;$46 billion in housing was within the 2025 Los Angeles wildfire zones&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-922922","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>$46 billion in housing was within the 2025 Los Angeles wildfire zones - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$46 billion in housing was within the 2025 Los Angeles wildfire zones - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire One year later, home values near the fire zones have largely followed Los Angeles trends, while inventory and rents show more lasting shifts According to Zillow data, $46 billion in residential housing value across 19,605 homes lay within the Palisades and Eaton fire perimeters, where the median home value was $1.95 million as of December 2024. For-sale housing supply near the fire zones surged in the immediate aftermath, Zillow data shows. Within 5 miles of the fire areas, new listings jumped sharply from December 2024 to January 2025. Total inventory remains elevated compared with the rest of the Los Angeles metro area. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/","og_locale":"en_US","og_type":"article","og_title":"$46 billion in housing was within the 2025 Los Angeles wildfire zones - Market Newsdesk","og_description":"PR Newswire One year later, home values near the fire zones have largely followed Los Angeles trends, while inventory and rents show more lasting shifts According to Zillow data, $46 billion in residential housing value across 19,605 homes lay within the Palisades and Eaton fire perimeters, where the median home value was $1.95 million as of December 2024. For-sale housing supply near the fire zones surged in the immediate aftermath, Zillow data shows. Within 5 miles of the fire areas, new listings jumped sharply from December 2024 to January 2025. Total inventory remains elevated compared with the rest of the Los Angeles metro area. Home values near the perimeters of the fires have largely tracked Los Angeles metro trends, but &hellip; Continue reading \"$46 billion in housing was within the 2025 Los Angeles wildfire zones\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/","og_site_name":"Market Newsdesk","article_published_time":"2025-12-30T14:21:57+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/844956\/Zillow_v2_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"$46 billion in housing was within the 2025 Los Angeles wildfire zones","datePublished":"2025-12-30T14:21:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/"},"wordCount":804,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/844956\/Zillow_v2_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/46-billion-in-housing-was-within-the-2025-los-angeles-wildfire-zones\/","name":"$46 billion in housing was within the 2025 Los Angeles wildfire zones - 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