Gardena, CA—90247
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gardena, CA
As of Oct '25, the median home price in Gardena, CA is $737,000, with a year-over-year change of -3.0%. This indicates that home prices in Gardena, CA are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $737,000 | -3.0% |
| Single Family | $761,000 | -3.3% |
| Condos | $546,000 | -3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $614,000 | -3.0% |
3 Bed | $756,000 | -3.1% |
4 Bed | $851,000 | -2.5% |
| 5 Bed | $944,000 | -2.9% |
% of Housing Stock
Rental Trends — Gardena, CA
As of July '25, Rentcast reports the average rent in Gardena, CA is $2,610, with a year-over-year rent change of -3.3%. Per bedroom, the median rent as of July '25 in Gardena, CA is studios: $1,770, 1-bedrooms: $1,880, 2-bedrooms: $2,540, 3-bedrooms: $3,740, 4-bedrooms: $3,960. The most common rental property sizes in Gardena, CA are 2-bedroom and 1-bedroom, accounting for 44.1% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,340 | $2,610 |
| Studio Rent | $1,700 | $1,770 |
| 1 Bed Rent | $1,900 | $1,880 |
| 2 Bed Rent | $2,400 | $2,540 |
| 3 Bed Rent | $3,800 | $3,740 |
| 4 Bed Rent | $3,940 | $3,960 |
% of Rental Stock
Property Listings — Gardena, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Gardena, CA is 66. This is a increase of 57.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $747,000 | -2.0% |
Listing Count | 51 | 30.0% |
| Listings as % of Homes | 0.2% | 30.0% |
Days on Market | 66 | 57.0% |
Demographics — Gardena, CA
As of the latest ACS Survey released in 2023, Gardena, CA has a population of 47,300, which has remained stable by -0.5% over the past 5 years. Gardena, CA is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,300 | -0.5% |
% Under 18 | 20.8% | -5.9% |
% Seniors | 15.4% | 10.8% |
% WFH | 7.1% | 153.6% |
% w/ College Degree | 26.8% | 27.0% |
As of the latest ACS Survey released in 2023, Gardena, CA is a predominantly hispanic area, with 49.7% of the population identifying as hispanic. The hispanic population has grown by 1.8% in the last 5 years. The second most common race or ethnicity in Gardena, CA is asian, making up 25.0% of the population. Foreign-born residents account for 38.5% of the population in Gardena, CA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 6.2% | -10.1% |
% Black | 15.4% | -17.2% |
% Hispanic | 49.7% | 1.8% |
% Asian | 25.0% | 4.2% |
% Foreign Born | 38.5% | 0.0% |
Mortgage and Risk — Gardena, CA
According to HUD data as of 2023, there were 324 mortgage originations in Gardena, CA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Gardena, CA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 324 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Gardena, CA
As of 2024, the percent of homes in Gardena, CA under the Section 8 program is 7.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Gardena, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 784 |
Total Units Section 8 | 704 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 89.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $1,900 | $1,830 |
| 2 Bedroom | -$90 | $2,400 | $2,310 |
| 3 Bedroom | -$860 | $3,800 | $2,940 |
| 4 Bedroom | -$690 | $3,940 | $3,250 |
Affordability — Gardena, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.7 |
| Median Home Price | $737,000 |
| Median Household Income | $73,900 |