Land Foreclosures in South Pasadena, CA

Current Market Conditions in South Pasadena, CA

As of late 2023, the South Pasadena real estate market is showing signs of stability after a period of rapid growth. The median home price has leveled off, attracting a mix of buyers from families seeking good schools to young professionals drawn to the city's unique character and accessibility to Los Angeles.

Increased interest in the area has led to a competitive market, with homes usually selling quickly and often at or above the asking price. Buyers are especially drawn to the well-maintained historic homes and the community's commitment to preserving its character.

Rent Prices In South Pasadena, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in South Pasadena, CA, is on a rollercoaster ride. The average rent price in South Pasadena, CA, is $4,024.00. Indeed, when looking to rent in South Pasadena, CA, you can expect to pay as little as $1,800.00 or as much as $6,080.00, with the average rent median estimated to be $4,150.00. The good news is that finding an affordable and desirable property to rent in South Pasadena, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.