Business
$46 billion in housing was within the 2025 Los Angeles wildfire zones
The Palisades and Eaton fires that burned through parts of the Los Angeles area in January 2025 took a significant human toll, including at least 30 deaths. Beyond the human impact, a new Zillow® analysis shows the fires exposed $46 billion in residential housing value within the affected areas.
About this update from Zillow Group, Inc.
[{"type":"text","content":"One year later, home values near the fire zones have largely followed Los Angeles trends, while inventory and rents show more lasting shifts","length":140,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"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.","length":205,"tagName":"p"}]},{"val":[{"type":"text","content":"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.","length":282,"tagName":"p"}]},{"val":[{"type":"text","content":"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%.","length":281,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":768,"olType":false},{"type":"text","content":"SEATTLE, Dec. 30, 2025 /PRNewswire/ -- The Palisades and Eaton fires that burned through parts of the Los Angeles area in January 2025 took a significant human toll, including at least 30 deaths. Beyond the human impact, a new Zillow® analysis shows the fires exposed $46 billion in residential housing value within the affected areas.","length":340,"tagName":"p"},{"type":"image","alt":"Zillow logo (PRNewsfoto/Zillow Group)","displaySize":"","headline":null,"caption":"Zillow logo (PRNewsfoto/Zillow Group)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":84,"url":"https://media.zenfs.com/en/prnewswire.com/28b6128b4340bef9d2e4b38d1115ff50"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/O.WUdUPdtFvi097b4WqGCQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE0ODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/28b6128b4340bef9d2e4b38d1115ff50","width":400,"height":84}},"href":"https://mma.prnewswire.com/media/844956/Zillow_v2_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Before containment, the fires burned through 40,000 acres, ...