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Altadena, CA—91001

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,116,000
13.7% YoY Growth
Household Income
$134,000
36.2% YoY Growth
Days on Market
42
39.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$3,900
4.8% YoY Growth
1-Bed Rent
$2,350
14.3% YoY Growth
2-Bed Rent
$3,900
28.0% YoY Growth
3-Bed Rent
$5,500
1.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Altadena, CA

As of May '26, the median home price in Altadena, CA is $1,116,000, with a year-over-year change of -13.7%. This indicates that home prices in Altadena, CA are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$1,116,000-13.7%
Single Family $1,123,000-12.7%
Condos $457,000-12.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $633,000
    -15.6%
    2 Bed
    		$877,000-14.4%
    3 Bed
    		$1,130,000-13.1%
    4 Bed
    		$1,469,000-9.6%
    5 Bed $1,897,142-6.9%
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    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    5.1%
    2 Bedrooms
    25.4%
    3 Bedrooms
    50.8%
    4 Bedrooms
    14.2%
    5+ Bedrooms
    3.9%

    Rental Trends — Altadena, CA

    As of July '25, Rentcast reports the average rent in Altadena, CA is $3,970, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Altadena, CA is studios: $1,770, 1-bedrooms: $2,400, 2-bedrooms: $4,120, 3-bedrooms: $5,120, 4-bedrooms: $6,190. The most common rental property sizes in Altadena, CA are 2-bedroom and 3-bedroom, accounting for 42.4% and 28.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,900$3,970
    Studio Rent $1,500$1,770
    1 Bed Rent $2,350$2,400
    2 Bed Rent $3,900$4,120
    3 Bed Rent $5,500$5,120
    4 Bed Rent $6,160$6,190
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    % of Rental Stock

    Studio
    0.8%
    1 Bedroom
    23.8%
    2 Bedrooms
    42.4%
    3 Bedrooms
    28.6%
    4 Bedrooms
    2.8%
    5+ Bedrooms
    1.5%

    Property Listings — Altadena, CA

    As of May '26, Realtor.com reports that the median days on market for a home in Altadena, CA is 42. This is a increase of 39.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,690,00036.0%
    Listing Count
    		7341.0%
    Listings as % of Homes0.2%41.0%
    Days on Market
    		4239.0%
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    Demographics — Altadena, CA

    As of the latest ACS Survey released in 2023, Altadena, CA has a population of 36,400, which has decreased by -3.5% over the past 5 years. Altadena, CA is a moderately popular place for families, as children make up 19.3% of the population. The area has a highly educated workforce, with 52.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		36,400-3.5%
    % Under 18
    		19.3%-2.5%
    % Seniors
    		21.0%24.3%
    % WFH
    		23.4%283.6%
    % w/ College Degree
    		52.1%18.7%
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    As of the latest ACS Survey released in 2023, Altadena, CA is a predominantly white area, with 36.9% of the population identifying as white. The white population has grown by 4.2% in the last 5 years. The second most common race or ethnicity in Altadena, CA is hispanic, making up 29.4% of the population. Foreign-born residents account for 18.8% of the population in Altadena, CA, and this percentage has increased by 1.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		36.9%4.2%
    % Black
    		20.7%-17.5%
    % Hispanic
    		29.4%-2.0%
    % Asian
    		6.0%1.7%
    % Foreign Born
    		18.8%1.6%
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    Mortgage and Risk — Altadena, CA

    According to HUD data as of 2023, there were 440 mortgage originations in Altadena, CA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Altadena, CA. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		440
    % Conventional Loans
    		94.0%
    % Government Loans
    		6.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		18.0%
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    Rentals and Section 8 — Altadena, CA

    As of 2024, the percent of homes in Altadena, CA under the Section 8 program is 4.6%. 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 Altadena, 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
    		121
    Total Units Section 8
    		121
    % Rentals under Section 8
    		4.6%
    % Occupied Section 8
    		88.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$10$2,350$2,360
    2 Bedroom-$920$3,900$2,980
    3 Bedroom-$1,710$5,500$3,790
    4 Bedroom-$1,960$6,160$4,200

    Affordability — Altadena, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio9
    Median Home Price$1,116,000
    Median Household Income$134,000

    Altadena, CA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions