South Pasadena Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$903,600

  • 6.8% 1-year change
  • 1.5% 1-year forecast

The median home value in South Pasadena is $903,600. South Pasadena home values have gone up 6.8% over the past year and Zillow predicts they will rise 1.5% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In South Pasadena 1.1 homes are foreclosed (per 10,000). This is lower than the Los Angeles Metro value of 1.8 and also lower than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in South Pasadena is 0.7%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of South Pasadena homeowners underwater on their mortgage is 5.6%, which is lower than Los Angeles Metro at 8.1%.

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Relative ZHVI
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South Pasadena Market Overview

Data through Jul 31, 2015
  • $903,600 ZHVI
  • 1.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $999,846 Median sale price
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South Pasadena Market Health

Data through Jul 31, 2015
  • 9.3/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 5.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 0.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1(Nov 30, 2014) South Pasadena
2 Los Angeles Metro
4 United States
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Nearby Cities

Name Median ZHVI
San Marino $1,872,400
Pasadena $664,300
Temple City $660,300
Name Median ZHVI
San Gabriel $641,700
Monterey Park $563,300
Alhambra $524,100
Name Median ZHVI
Rosemead $460,200
Montebello $406,100
East Los Angeles $308,700

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $621 Median sale price / sq ft
  • No data Listings with price cut
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South Pasadena Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $3,090 South Pasadena
    $2,513 Los Angeles Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 8.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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