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Cheap Homes in South Pasadena, CA

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South Pasadena, CA Foreclosures

Current Market Conditions in in South Pasadena, CA As of April 2026?
Over the past month, the South Pasadena real estate market has shown signs of stability, with slight fluctuations in home prices. However, the demand for homes has not diminished, and buyers are still actively seeking properties. The average days on the market have remained consistent, indicating a healthy level of activity in the market. Such dynamics continue to suggest that South Pasadena is a sought-after location for homebuyers.
How much do homes sell for in South Pasadena, CA?
The average home price is currently $1,892,042.
In South Pasadena, CA, how many homes are available?
There are currently 2 active home listings available in South Pasadena.
What’s the average rental cost in South Pasadena, CA?
The average rental price in South Pasadena is $4,024.
What is the most expensive home in South Pasadena?
The most expensive home sold in South Pasadena had a price of $43,810,934.
What is currently the cheapest priced home in South Pasadena, CA?
The cheapest home for sale in South Pasadena is priced at $59,573.

Living in South Pasadena, CA

South Pasadena, located just a few miles from downtown Los Angeles, is a quaint suburb known for its historic homes and strong sense of community. With its abundance of parks, highly regarded schools, and thriving local businesses, it’s an appealing place for families and professionals alike.

Buyer vs Seller Market in South Pasadena, CA

The real estate market in South Pasadena has remained robust, with property values continuing to rise over the past year. Demand for homes, particularly single-family residences, has exceeded supply due to the area's desirable school district and community amenities. Buyers are often faced with competitive bidding situations, particularly for homes that are move-in ready.

Home Value Estimator For South Pasadena, CA

There are currently 6,426 real estate properties in South Pasadena, CA, with a median automated valuation model (AVM) price of $1,727,681.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in South Pasadena, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in South Pasadena, CA, is $1,892,042.00, with the most expensive house in South Pasadena, CA, topping out at $43,810,934.00 and the cheapest home in South Pasadena, CA, clocking in at $59,573.00. In other words, there’s something for every potential homebuyer or savvy investor in South Pasadena, CA!

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.

Cheap Homes in South Pasadena, CA

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