Home prices are rising across Pasadena, with certain neighborhoods experiencing significant growth. Whether you’re a prospective buyer, seller, or investor, understanding these trends can help you make informed decisions.
📈 Top 5 Neighborhoods by Home Price Growth
Rank | Neighborhood | Median Sale Price (2024) | Year-over-Year Growth |
1 | Pasadena Heights | $243,000 | +151.0% |
2 | Pasadena Highlands | $255,000 | +136.1% |
3 | North Pasadena | $235,000 | +27.0% |
4 | 77504 ZIP Code | $279,995 | +12.0% |
5 | 77503 ZIP Code | $230,000 | +4.5% |
Why Are These Neighborhoods Growing?
Several factors contribute to the rising home prices in these areas:
- Affordability: Neighborhoods like Pasadena Heights and Pasadena Highlands offer more affordable housing options, attracting first-time buyers and investors.
- Location: Proximity to major employment centers and amenities makes areas like North Pasadena desirable
- Investment Potential: ZIP codes 77504 and 77503 are recognized for their growth potential, drawing interest from real estate investors.
Pasadena Housing Market Overview
- Median Home Value: As of February 2025, the average home value in Pasadena is approximately $218,230, with a slight decrease of 0.3% over the past year.Â
- Median Sale Price: The median sale price stands at $260,000, reflecting an 11.8% increase year-over-year.
- Market Dynamics: Homes in Pasadena typically go pending in around 37 days, indicating a moderately competitive market.
Note: All data is based on the most recent available reports as of early 2025. For the latest updates, consult local real estate listings and market analyses.