Gardena, CA—90249
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 $783,000, with a year-over-year change of -2.8%. This indicates that home prices in Gardena, CA are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $783,000 | -2.8% |
| Single Family | $788,000 | -3.1% |
| Condos | $586,000 | -3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $369,000 | -9.3% |
2 Bed | $693,000 | -3.1% |
3 Bed | $790,000 | -3.2% |
4 Bed | $843,000 | -2.9% |
| 5 Bed | $975,000 | -1.0% |
% of Housing Stock
Rental Trends — Gardena, CA
As of July '25, Rentcast reports the average rent in Gardena, CA is $2,410, with a year-over-year rent change of -3.2%. Per bedroom, the median rent as of July '25 in Gardena, CA is studios: $1,560, 1-bedrooms: $1,860, 2-bedrooms: $2,520, 3-bedrooms: $4,290, 4-bedrooms: $4,170. The most common rental property sizes in Gardena, CA are 2-bedroom and 1-bedroom, accounting for 34.0% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,410 |
| Studio Rent | $1,520 | $1,560 |
| 1 Bed Rent | $1,800 | $1,860 |
| 2 Bed Rent | $2,400 | $2,520 |
| 3 Bed Rent | $4,280 | $4,290 |
| 4 Bed Rent | $4,500 | $4,170 |
% 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 46. This is a increase of 15.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $843,000 | -5.0% |
Listing Count | 25 | -16.0% |
| Listings as % of Homes | 0.3% | -16.0% |
Days on Market | 46 | 15.0% |
Demographics — Gardena, CA
As of the latest ACS Survey released in 2023, Gardena, CA has a population of 26,000, which has decreased by -2.3% over the past 5 years. Gardena, CA is a moderately popular place for families, as children make up 19.3% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,000 | -2.3% |
% Under 18 | 19.3% | -11.1% |
% Seniors | 16.3% | 0.0% |
% WFH | 9.0% | 172.7% |
% w/ College Degree | 25.7% | 10.3% |
As of the latest ACS Survey released in 2023, Gardena, CA is a predominantly hispanic area, with 45.6% of the population identifying as hispanic. The hispanic population has grown by 21.3% in the last 5 years. The second most common race or ethnicity in Gardena, CA is black, making up 22.8% of the population. Foreign-born residents account for 31.4% of the population in Gardena, CA, and this percentage has increased by 4.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 11.2% | -16.4% |
% Black | 22.8% | -18.6% |
% Hispanic | 45.6% | 21.3% |
% Asian | 15.9% | 5.3% |
% Foreign Born | 31.4% | 4.7% |
Mortgage and Risk — Gardena, CA
According to HUD data as of 2023, there were 215 mortgage originations in Gardena, CA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Gardena, CA. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 215 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Gardena, CA
As of 2024, the percent of homes in Gardena, CA under the Section 8 program is 7.6%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Gardena, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 330 |
Total Units Section 8 | 289 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 86.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,800 | $1,810 |
| 2 Bedroom | -$110 | $2,400 | $2,290 |
| 3 Bedroom | -$1,340 | $4,280 | $2,940 |
| 4 Bedroom | -$1,260 | $4,500 | $3,240 |
Affordability — Gardena, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.9 |
| Median Home Price | $783,000 |
| Median Household Income | $84,900 |