Print It’s no secret: L.A.’s historically hot real estate market is brutal for buyers. The pandemic-fueled housing boom saw L.A. County’s median home price rise to $750,000 in April, a 19% increase year over year. Bidding wars and a shortage of sellers are making good deals hard to come by, but there are still plenty of great options if you look in the right neighborhoods. Here’s a look at what roughly $700,000 buys right now in seven L.A. communities. City Terrace Tucked just south of the 10 Freeway, City Terrace is a small, hilly community with winding streets and a healthy supply of Spanish Colonial Revival-style homes. Empty lots sell for between $100,000 and $200,000, while the few houses on the market are priced between $500,000 and $800,000.