La Crescenta-Montrose, CA—91214
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in La Crescenta-Montrose, CA
Home Price Trends — La Crescenta-Montrose, CA
As of Oct '25, the median home price in La Crescenta-Montrose, CA is $1,218,000, with a year-over-year change of -2.5%. This indicates that home prices in La Crescenta-Montrose, 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 | $1,218,000 | -2.5% |
| Single Family | $1,244,000 | -3.0% |
| Condos | $687,000 | -2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $570,000 | -2.7% |
2 Bed | $948,000 | -3.4% |
3 Bed | $1,226,000 | -3.0% |
4 Bed | $1,533,000 | -2.2% |
| 5 Bed | $1,857,000 | -2.9% |
% of Housing Stock
Rental Trends — La Crescenta-Montrose, CA
As of July '25, Rentcast reports the average rent in La Crescenta-Montrose, CA is $3,660, with a year-over-year rent change of -14.5%. Per bedroom, the median rent as of July '25 in La Crescenta-Montrose, CA is studios: $2,000, 1-bedrooms: $2,230, 2-bedrooms: $3,200, 3-bedrooms: $4,740, 4-bedrooms: $5,340. The most common rental property sizes in La Crescenta-Montrose, CA are 2-bedroom and 3-bedroom, accounting for 44.6% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,660 |
| Studio Rent | $2,000 | $2,000 |
| 1 Bed Rent | $2,100 | $2,230 |
| 2 Bed Rent | $3,000 | $3,200 |
| 3 Bed Rent | $4,700 | $4,740 |
| 4 Bed Rent | $5,500 | $5,340 |
% of Rental Stock
Property Listings — La Crescenta-Montrose, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in La Crescenta-Montrose, CA is 33. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,370,000 | 5.0% |
Listing Count | 42 | 5.0% |
| Listings as % of Homes | 0.3% | 5.0% |
Days on Market | 33 | -1.0% |
Demographics — La Crescenta-Montrose, CA
As of the latest ACS Survey released in 2023, La Crescenta-Montrose, CA has a population of 31,700, which has increased by 3.4% over the past 5 years. La Crescenta-Montrose, CA is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 59.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,700 | 3.4% |
% Under 18 | 25.5% | 16.4% |
% Seniors | 16.6% | 9.9% |
% WFH | 23.3% | 406.5% |
% w/ College Degree | 59.2% | 13.6% |
As of the latest ACS Survey released in 2023, La Crescenta-Montrose, CA is a predominantly white area, with 51.2% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in La Crescenta-Montrose, CA is asian, making up 27.0% of the population. Foreign-born residents account for 32.6% of the population in La Crescenta-Montrose, CA, and this percentage has decreased by 1.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 51.2% | -7.6% |
% Black | 1.0% | 233.3% |
% Hispanic | 13.9% | 11.2% |
% Asian | 27.0% | -5.6% |
% Foreign Born | 32.6% | -1.5% |
Mortgage and Risk — La Crescenta-Montrose, CA
According to HUD data as of 2023, there were 391 mortgage originations in La Crescenta-Montrose, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in La Crescenta-Montrose, CA. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 391 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — La Crescenta-Montrose, CA
As of 2024, the percent of homes in La Crescenta-Montrose, CA under the Section 8 program is 1.1%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in La Crescenta-Montrose, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 94 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $560 | $2,100 | $2,660 |
| 2 Bedroom | $350 | $3,000 | $3,350 |
| 3 Bedroom | -$440 | $4,700 | $4,260 |
| 4 Bedroom | -$780 | $5,500 | $4,720 |
Affordability — La Crescenta-Montrose, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.7 |
| Median Home Price | $1,218,000 |
| Median Household Income | $132,000 |