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Featured local agent — South Pasadena, CA
Sarah Mitchell
Compass Real Estate · South Pasadena, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Pasadena, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.92Mmedian sale price
How is the South Pasadena, CA housing market right now?
The median home sale price in South Pasadena, CA is $1.92M, up 9.5% year-over-year. Homes sell in an average of 25 days with 34 active listings. The market is currently a strong 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 South Pasadena a buyer's or seller's market?
South Pasadena, CA is currently a strong seller's market, based on 2.1 months of supply and homes selling in about 25 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
25
Average pace
Active listings
34
2.1 months supply
Sale-to-list
109.8%
Above asking
What does the South Pasadena housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.92M |
| Median list price | $1.91M |
| Year-over-year price change | +9.5% |
| Average days on market | 25 days |
| Active inventory | 34 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 109.8% |
| Median price per sq ft | $971/sq ft |
| Homes sold (latest month) | 16 |
| New listings (latest month) | 16 |
| Listings with a price cut | 23.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in South Pasadena by property type?
How the South 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 | $2.27M | $1,016/sq ft | 12 | 31 days |
| Condo / Co-op | $812,500 | $817/sq ft | 2 | 28 days |
| Townhouse | $1.42M | $763/sq ft | 2 | 12 days |
Source: Redfin · Updated monthly
The South Pasadena housing market is currently classified as a strong seller's market with a median sale price of $1.92M. Prices have risen 9.5% compared to last year, with homes spending an average of 25 days on market, indicating 2.1 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 13.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in South Pasadena
There are currently 34 homes listed for sale in South Pasadena, California. The median listing price is $1.9M.
Active listings
34
Homes on market
Median list price
$1.9M
Avg. days on market
25
Days until sale
New this week
16
Newly listed
Who lives in South Pasadena?
Population
26,297
Median income
$128,105/yr
Median age
40.3 years
Owner-occupied
44.0%
College grads
72.7%
Avg commute
30.2 min
Source: U.S. Census Bureau ACS
What are homes worth in South Pasadena?
Zillow home value
$1.72M
Zillow rent index
$2,612/mo
Price-to-rent ratio
54.7x
Price-to-income
13.4x
Source: Zillow Research
What is it like to live in South Pasadena?
South Pasadena is a community of approximately 26K residents with a median age of 40.3 years.The median household income is $128,105, which reflects a relatively affluent area with strong earning potential. 72.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 44.0%, showing a blend of owner and renter-occupied properties. The average commute time is 30.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, South Pasadena offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve South Pasadena?
5 schools tracked · 4,656 students
The largest public schools serving South 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.
South Pasadena Senior High
Grades 9-12 · 1,494 students
South Pasadena Middle
Grades 6-8 · 1,099 students
Marengo Elementary
Grades K-5 · 781 students
Arroyo Vista Elementary
Grades K-5 · 698 students
Monterey Hills Elementary
Grades K-5 · 584 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 South Pasadena, CA?
Want a head-to-head view? Compare South Pasadena side-by-side with any other U.S. city using our market-comparison tool.
Is South Pasadena a good real estate investment market?
For investors evaluating South Pasadena, the price-to-rent ratio of 54.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 9.5% 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 South Pasadena's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using South Pasadena's median home price.
Frequently asked questions
What is the average home price in South Pasadena?
The median home sale price in South Pasadena is $1.92M, up 9.5% from last year.
How long do homes stay on market in South Pasadena?
Homes typically spend 25 days on market before going under contract.
What is the median income in South Pasadena?
The median household income is $128,105 per year.
Is South Pasadena a buyer's or seller's market?
With 2.1 months of supply, South Pasadena is currently a strong seller's market.
What is the Zillow home value estimate for South Pasadena?
The Zillow Home Value Index (ZHVI) for South Pasadena is $1.72M, representing the typical home value in the area.
What is the median condo price in South Pasadena?
The median condo/co-op sale price in South Pasadena, CA is $812,500, compared to $2.27M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in South Pasadena?
The median single-family home price in South Pasadena, CA is $2.27M (about $1,016 per square foot).
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