5 Pasadena Neighborhoods with the fastest-growing home prices

Pasadena Housing Boom These 5 Neighborhoods See Fastest-Growing Home Prices

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

RankNeighborhoodMedian Sale Price (2024)Year-over-Year Growth
1Pasadena Heights$243,000+151.0%
2Pasadena Highlands$255,000+136.1%
3North Pasadena$235,000+27.0%
477504 ZIP Code$279,995+12.0%
577503 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. 
  • 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.

Leave a Reply

Your email address will not be published. Required fields are marked *