LOS ANGELES – (INT) - A year after the Palisades and Eaton fires, new Zillow data show the biggest housing impacts near the burn zones weren’t on prices, but on supply and rents in nearby towns.

Key takeaways:

• Nearly $46B in housing across about 20,000 homes lay within the perimeters of the fires.

• Home values within 5 miles have fallen 1.7% since the start of the year — roughly in line with the broader Los Angeles metro.

• For-sale inventory near the fires is up 50% since December 2024, outpacing inventory growth elsewhere in the Los Angeles metro.

• Rents near the fires showed little immediate impact, but are up 3.4% since the start of the year. That’s about twice the pace seen farther from the burn areas.

Story Date: December 30, 2025