66 homes in Oak Knoll
Homes for Sale in Oak Knoll, Pasadena
About Oak Knoll, Pasadena
Oak Knoll is a sought-after neighborhood in Pasadena, CA. Browse available listings to find your perfect home in this neighborhood.
Pasadena Market Report
Pasadena Market Pulse
Median Home Price
$1.19M
↓ 6.0% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
3.3 months of supply
Balanced Market288 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~43 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace—buyers have some time, but competition exists. Sales 21% faster than 6 months ago.
Approaching the point where buyers gain more negotiating power.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Affordability Snapshot
Typical home cost
$7,560/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 87% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$324K/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 $830K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.8M)
Price Reductions
95 listings have reduced their price
33% of active listings
Average reduction: 6.3% (~$71K)
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