Pasadena, CA Housing Market
Median List Price
$1,099,000
Updated August 2026
Today, Pasadena has 284 homes for sale at a median list price of $1,099,000, typically selling in about 44 days.
Pasadena Market Analysis
Pasadena, CA currently shows a median list price of $1.1M. There are 284 homes currently listed for sale in Pasadena, CA. 102 new listings came on the market in the last 30 days.
One bedroom homes are the most affordable tier at a median of $618,000, while eight bedroom homes top the range at $21M. The housing stock skews toward condos, at about 47.5% of active listings, with single family homes accounting for another 39.8%. Over the last six months, the median price has eased about 11.5%, from $1.3M in February to $1.1M in July. Per square foot, the median stands at $773.
Median time from listing to accepted offer is about 18 days. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Pasadena, CA covers six ZIP codes, among them 91101, 91107, and 91106.
Pasadena Rental Market
Pasadena, CA currently shows a median asking rent of $3,900. There are 123 homes currently listed for rent in Pasadena, CA. Over the last six months, the median rent has eased about 2.6%, from $3,800 in February to $3,700 in July.
Pasadena Market Pulse
Topfind Market Read
The picture is mixed here. Supply sits at 3.6 months, roughly in step with demand, yet 31% of sellers have trimmed their asking price, and sale prices have eased 2% over the last six months, though they remain 1% above a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.10M
↑ 1% 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
3.6 months of supply
Balanced Supply284 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 ~44 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 25% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 54% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Pasadena
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
42%
Homeowners
58%
Renters
Homeownership is 13.5 points lower than the California average (55.5%)
57,131 households (2023)
Affordability Snapshot
Typical home cost
$7,377/mo
Actual housing expense
Affordable budget (28%)
$2,421/mo
Based on median income
Median household income
$8,648/mo
Pasadena
A typical home costs about 85% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$316K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $834K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.7M)
Price Reductions
89 listings have reduced their price
31% of active listings
Average reduction: 6.6% (~$73K)
Browse Pasadena Listings
Frequently Asked Questions about the Pasadena, CA Housing Market
What is the median home price in Pasadena, CA?
The median list price in Pasadena is $1,099,000 as of August 2026, based on 284 active listings.
Is Pasadena a buyer's market or a seller's market?
Pasadena currently reads as a balanced market. Active inventory works out to about 3.6 months of supply at the recent sales pace.
How fast do homes sell in Pasadena?
Homes that closed in the last 90 days typically went under contract in about 18 days. The average home currently for sale has been on the market for 44 days.
Are home prices in Pasadena going up or down?
The median sale price in Pasadena is up about 1.3% compared with a year ago.
How many homes are for sale in Pasadena, CA?
There are 284 homes for sale in Pasadena right now, including 26 listed within the last week.
What is the median rent in Pasadena?
The median asking rent in Pasadena is $3,900 per month, across 123 active rental listings.