90248 Housing Market
Median List Price
$859,000
Updated August 2026
Today, the 90248 ZIP code in Gardena, CA has 9 homes for sale at a median list price of $859,000, typically selling in about 47 days.
90248 Housing Market Overview
Homes in the 90248 ZIP code carry a median list price of $859,000. That is about 10.1% above the Gardena median. The median price moved from $810,000 in February to $845,000 in July, a 4.3% increase over six months. Right now 9 homes are on the market in the 90248 ZIP code. Four bedroom homes carry the highest medians at $1.1M, with two bedroom homes starting the range at $130,000.
90248 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 9% over the last six months and 6% over the past year, yet 44% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$859K
↑ 6% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.0 months of supply
Balanced Supply9 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~47 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 37% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 44% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 90248 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
49%
Homeowners
51%
Renters
Homeownership is 6.5 points lower than the California average (55.5%)
20,893 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $475K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$719K)
Price Reductions
4 listings have reduced their price
44% of active listings
Average reduction: 3.0% (~$26K)
Browse 90248 Listings
Frequently Asked Questions about the 90248 Housing Market
What is the median home price in the 90248 ZIP code?
The median list price in the 90248 ZIP code is $859,000 as of August 2026, based on 9 active listings.
Is the 90248 ZIP code a buyer's market or a seller's market?
The 90248 ZIP code currently reads as a balanced market. Active inventory works out to about 3.0 months of supply at the recent sales pace.
How fast do homes sell in the 90248 ZIP code?
The average home currently for sale in the 90248 ZIP code has been on the market for 47 days.
Are home prices in the 90248 ZIP code going up or down?
The median sale price in the 90248 ZIP code is up about 5.9% compared with a year ago.
How many homes are for sale in the 90248 ZIP code?
There are 9 homes for sale in the 90248 ZIP code right now, including 1 listed within the last week.