290 homes in Pasadena
Pasadena is a historic city known for the Rose Bowl, Rose Parade, and Caltech. Features stunning Craftsman architecture and vibrant Old Town.
Today, Pasadena has 290 homes for sale at a median price of $1,130,000, typically selling in about 44 days. Families here choose from 2 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Home Price
$1.19M
↓ 6.0% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
0.3 months of supply
Seller's MarketWith only 290 active listings, supply is tight.
What this means for buyers
Homes are selling quickly—inventory is tight, competition is strong, and buyers have limited room to negotiate. Listings typically sell in ~44 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.
Housing Tenure in Pasadena
Renting is more common here than statewide—this market has more rental inventory and transient residents.
42%
Homeowners
58%
Renters
Homeownership is 13.5% lower than the California average (55.5%)
57,131 households (2023)
Affordability Snapshot
Typical home cost
$7,580/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 88% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$325K/year
Assumes housing costs ≤28% of income
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 $826K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.8M)
Price Reductions
96 listings have reduced their price
33% of active listings
Average reduction: 7.0% (~$79K)
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