Sierra Madre, CA—91024
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sierra Madre, CA
As of Oct '25, the median home price in Sierra Madre, CA is $1,387,000, with a year-over-year change of -2.7%. This indicates that home prices in Sierra Madre, 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 | $1,387,000 | -2.7% |
| Single Family | $1,429,000 | -3.3% |
| Condos | $810,000 | -4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $790,000 | -5.8% |
2 Bed | $981,000 | -4.9% |
3 Bed | $1,392,000 | -3.5% |
4 Bed | $1,773,000 | -3.1% |
| 5 Bed | $2,174,000 | -3.1% |
% of Housing Stock
Rental Trends — Sierra Madre, CA
As of July '25, Rentcast reports the average rent in Sierra Madre, CA is $3,490, with a year-over-year rent change of 10.4%. Per bedroom, the median rent as of July '25 in Sierra Madre, CA is 1-bedrooms: $2,720, 2-bedrooms: $3,070, 3-bedrooms: $5,810. The most common rental property sizes in Sierra Madre, CA are 2-bedroom and 1-bedroom, accounting for 49.1% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $3,490 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,200 | $2,720 |
| 2 Bed Rent | $2,750 | $3,070 |
| 3 Bed Rent | $5,000 | $5,810 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sierra Madre, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sierra Madre, CA is 32. This is a increase of 16.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,720,000 | 3.0% |
Listing Count | 40 | 47.0% |
| Listings as % of Homes | 0.4% | 47.0% |
Days on Market | 32 | 16.0% |
Demographics — Sierra Madre, CA
As of the latest ACS Survey released in 2023, Sierra Madre, CA has a population of 11,000, which has remained stable by 0.1% over the past 5 years. Sierra Madre, CA is a moderately popular place for families, as children make up 18.1% of the population. The area has a highly educated workforce, with 65.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,000 | 0.1% |
% Under 18 | 18.1% | -0.5% |
% Seniors | 22.0% | 0.0% |
% WFH | 23.2% | 176.2% |
% w/ College Degree | 65.4% | 4.8% |
As of the latest ACS Survey released in 2023, Sierra Madre, CA is a predominantly white area, with 55.7% of the population identifying as white. The white population has shrunk by 15.1% in the last 5 years. The second most common race or ethnicity in Sierra Madre, CA is asian, making up 17.4% of the population. Foreign-born residents account for 17.2% of the population in Sierra Madre, CA, and this percentage has increased by 20.3% 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 | 55.7% | -15.1% |
% Black | 5.2% | 300.0% |
% Hispanic | 16.8% | 4.3% |
% Asian | 17.4% | 41.5% |
% Foreign Born | 17.2% | 20.3% |
Mortgage and Risk — Sierra Madre, CA
According to HUD data as of 2023, there were 140 mortgage originations in Sierra Madre, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Sierra Madre, CA. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 140 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Sierra Madre, CA
Sierra Madre, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $2,200 | $2,260 |
| 2 Bedroom | $100 | $2,750 | $2,850 |
| 3 Bedroom | -$1,380 | $5,000 | $3,620 |
| 4 Bedroom | N/A | N/A | $4,010 |
Affordability — Sierra Madre, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.4 |
| Median Home Price | $1,387,000 |
| Median Household Income | $141,000 |