TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 30, 12:00 AM EST
Polymarket
This market will resolve according to the median home value for all property types in the Los Angeles Metro area on June 30, 2026. If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. The resolution source will be official data from the Parcl Labs Sales Price Index for the Los Angeles Metro area (Parcl_ID: 2900078). The settlement price will be calculated by multiplying the published price index value (price per square foot) by 1900 square feet, which is the median home size in the Los Angeles Metro area. Parcl is set to publish this data on June 30, 2026. If no data for June 30 is released by July 10, 2026, 11:59PM ET, this market will resolve according to the most recently published data. (see: https://app.parcllabs.com/prediction-market-resolutions/40)
This market will resolve according to the median home value for all property types in the Los Angeles Metro area on June 30, 2026. If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. The resolution source will be official data from the Parcl Labs Sales Price Index for the Los Angeles Metro area (Parcl_ID: 2900078). The settlement price will be calculated by multiplying the published price index value (price per square foot) by 1900 square feet, which is the median home size in the Los Angeles Metro area. Parcl is set to publish this data on June 30, 2026. If no data for June 30 is released by July 10, 2026, 11:59PM ET, this market will resolve according to the most recently published data. (see: https://app.parcllabs.com/prediction-market-resolutions/40)
Prediction market odds on Polymarket often diverge from traditional analyst forecasts and real estate surveys. While economists and housing analysts typically publish point estimates based on historical trends and macroeconomic models, prediction markets aggregate the collective beliefs of traders with real financial incentives. Analysts may focus on long-term fundamentals, whereas market prices reflect near-term sentiment and breaking news. Comparing Polymarket odds to published forecasts from real estate firms and economic research groups can reveal where traders see upside or downside risk relative to expert consensus.
On Polymarket, this event is priced as a set of outcome contracts, each representing a specific median home value range or point estimate for the Los Angeles Metro area. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy and sell shares in each outcome, and the price of a share reflects the collective probability assigned to that outcome. As new information about interest rates, housing inventory, and regional economic conditions emerges, traders adjust positions, moving prices up or down. The contract price directly represents the market's implied probability of that outcome occurring by Jun 30, 2026.
The market resolves on Jun 30, 2026. At that time, the actual median home value for the Los Angeles Metro area as of June 30 will be determined and compared against the outcome specifications. The resolution hinges on official data from authoritative real estate and census sources that report median home prices for the metro region on or near that date. Once the true value is confirmed, the contract corresponding to the correct outcome will be settled at full value, and all other outcomes will expire worthless.
Several catalysts could shift market prices before Jun 30, 2026. Federal Reserve interest rate decisions directly impact mortgage affordability and buyer demand in Los Angeles. Major employment announcements or tech sector layoffs in Southern California could alter local economic conditions. Unexpected inflation data, changes in housing supply, or shifts in remote-work trends may reshape demand for LA-area homes. Quarterly real estate reports and Case-Shiller index releases provide early signals of price momentum. Geopolitical events or recession fears can also trigger broad repricing of real estate risk across all outcomes.