Is Paramount, CA 90723 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Paramount is a seller’s market. With about 2.8 months of supply and 48% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score72/ 100

More competitive than 76% of U.S. ZIP codes, and #308 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.8Under 4 months = seller’s market
Sold above original list48.4%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$510▲ +6.2% vs. last year

The Paramount housing market right now

In the three months ending August 31, 2026, 48% of homes in Paramount, CA 90723 sold above their list price, the typical home went under contract in 41 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 32 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 40%, homes sold faster (52 days then) and the median sale price rose 1% to $718,689. Overall, Paramount is more competitive than a year ago, so tougher for buyers.

Within Los Angeles County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Paramount ranks #308 of 1,069 CA ZIP codes with enough sales (score 72 out of 100).

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.

Nearby markets

Acton 93510Buyer’s market $366 /sq ftAgoura Hills 91301Balanced $584 /sq ftAlhambra 91801Seller’s market $576 /sq ftAlhambra 91803Seller’s market $620 /sq ft Browse all markets →

Where Paramount is

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Questions about Paramount real estate

Is Paramount a buyer’s or seller’s market?

A seller’s market: there were 2.8 months of supply in Paramount, CA 90723 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Paramount?

The typical home went under contract in 41 days in the latest three months.

Do homes in Paramount sell over asking?

48% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.

What are property taxes in Paramount?

About 1.15% of a home’s value a year in Los Angeles County, or roughly $4,600 on a $400,000 home.

What is the median home price in Paramount?

The median sale price was $718,689 in the three months ending August 31, 2026, about $510 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology