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Featured local agent — Pasadena, CA
Sarah Mitchell
Compass Real Estate · Pasadena, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pasadena, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.25Mmedian sale price
How is the Pasadena, CA housing market right now?
The median home sale price in Pasadena, CA is $1.25M, up 3.3% year-over-year. Homes sell in an average of 34 days with 298 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Pasadena a buyer's or seller's market?
Pasadena, CA is currently a seller's market, based on 3.6 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
83
Last 12 weeks
Days on market
34
Average pace
Active listings
298
3.6 months supply
Sale-to-list
103.9%
Above asking
What does the Pasadena housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.25M |
| Median list price | $1.20M |
| Year-over-year price change | +3.3% |
| Average days on market | 34 days |
| Active inventory | 298 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 103.9% |
| Median price per sq ft | $791/sq ft |
| Homes sold (latest month) | 83 |
| New listings (latest month) | 123 |
| Listings with a price cut | 19.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Pasadena by property type?
How the Pasadena, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.65M | $906/sq ft | 42 | 25 days |
| Condo / Co-op | $785,000 | $683/sq ft | 30 | 50 days |
| Townhouse | $910,000 | $629/sq ft | 7 | 27 days |
Source: Redfin · Updated monthly
The Pasadena housing market is currently classified as a seller's market with a median sale price of $1.25M. Prices have risen 3.3% compared to last year, with homes spending an average of 34 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 11.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Pasadena
There are currently 298 homes listed for sale in Pasadena, California. The median listing price is $1.2M.
Active listings
298
Homes on market
Median list price
$1.2M
Avg. days on market
34
Days until sale
New this week
123
Newly listed
Who lives in Pasadena?
Population
136,462
Median income
$103,778/yr
Median age
40.1 years
Owner-occupied
42.1%
College grads
56.0%
Avg commute
27.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Pasadena?
Zillow home value
$1.21M
Zillow rent index
$2,903/mo
Price-to-rent ratio
34.8x
Price-to-income
11.7x
Source: Zillow Research
What is it like to live in Pasadena?
Pasadena is a community of approximately 136K residents with a median age of 40.1 years.The median household income is $103,778, which reflects a relatively affluent area with strong earning potential. 56.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 42.1%, showing a blend of owner and renter-occupied properties. The average commute time is 27.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pasadena offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pasadena?
21 schools tracked · 14,882 students
The largest public schools serving Pasadena, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Options For Youth - Duarte Inc
Grades 7-12 · 3,385 students
Marshall Fundamental
Grades 6-12 · 1,848 students
Pasadena High
Grades 9-12 · 1,355 students
John Muir High
Grades 9-12 · 1,133 students
Blair High
Grades 6-12 · 1,055 students
McKinley
Grades K-8 · 616 students
Longfellow (Henry W.) Elementary
Grades K-5 · 547 students
Octavia E. Butler Magnet
Grades 6-8 · 519 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Pasadena, CA?
Want a head-to-head view? Compare Pasadena side-by-side with any other U.S. city using our market-comparison tool.
Is Pasadena a good real estate investment market?
For investors evaluating Pasadena, the price-to-rent ratio of 34.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Pasadena's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Pasadena's median home price.
Frequently asked questions
What is the average home price in Pasadena?
The median home sale price in Pasadena is $1.25M, up 3.3% from last year.
How long do homes stay on market in Pasadena?
Homes typically spend 34 days on market before going under contract.
What is the median income in Pasadena?
The median household income is $103,778 per year.
Is Pasadena a buyer's or seller's market?
With 3.6 months of supply, Pasadena is currently a seller's market.
What is the Zillow home value estimate for Pasadena?
The Zillow Home Value Index (ZHVI) for Pasadena is $1.21M, representing the typical home value in the area.
What is the median condo price in Pasadena?
The median condo/co-op sale price in Pasadena, CA is $785,000, compared to $1.65M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Pasadena?
The median single-family home price in Pasadena, CA is $1.65M (about $906 per square foot).
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