Alhambra, CA91801

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$886,000
0.6% YoY Growth
Median Household Income
$85,500
53.2% 5-Year Growth
Days on Market
61
41.0% Longer than last year
Home Price Forecast
0.6%
Median Rent
$2,500
6.4% YoY Growth
1-Bed Rent
$2,000
1.0% YoY Growth
2-Bed Rent
$2,500
2.8% YoY Growth
3-Bed Rent
$3,400
4.3% YoY Growth

Other Zip Codes in Alhambra, CA

Property Listings — Alhambra, CA

As of Oct '25, Realtor.com reports that the median days on market for a home in Alhambra, CA is 61. This is a increase of 41.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$775,0002.0%
Listing Count
6444.0%
Listings as % of Homes0.1%44.0%
Days on Market
6141.0%
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Demographics — Alhambra, CA

As of the latest ACS Survey released in 2023, Alhambra, CA has a population of 53,700, which has decreased by -1.4% over the past 5 years. Alhambra, CA is a moderately popular place for families, as children make up 16.7% of the population. The area has a moderately educated workforce, with 40.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
53,700-1.4%
% Under 18
16.7%-1.2%
% Seniors
19.0%15.2%
% WFH
12.5%145.1%
% w/ College Degree
40.6%11.8%
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As of the latest ACS Survey released in 2023, Alhambra, CA is a predominantly asian area, with 51.3% of the population identifying as asian. The asian population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Alhambra, CA is hispanic, making up 32.9% of the population. Foreign-born residents account for 45.4% of the population in Alhambra, CA, and this percentage has decreased by 8.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
9.4%2.2%
% Black
2.9%16.0%
% Hispanic
32.9%-1.2%
% Asian
51.3%-3.6%
% Foreign Born
45.4%-8.5%
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Mortgage and Risk — Alhambra, CA

According to HUD data as of 2023, there were 203 mortgage originations in Alhambra, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Alhambra, CA. Investor activity is low, as 5.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
203
% Conventional Loans
95.0%
% Government Loans
5.0%
% Investor Loans
5.0%
% Second Loans
3.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Alhambra, CA

As of 2024, the percent of homes in Alhambra, CA under the Section 8 program is 3.8%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Alhambra, CA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
615
Total Units Section 8
475
% Rentals under Section 8
3.8%
% Occupied Section 8
90.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$10$2,000$1,990
2 Bedroom$10$2,500$2,510
3 Bedroom-$210$3,400$3,190
4 Bedroom-$460$4,000$3,540

Affordability — Alhambra, CA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio9.7
Median Home Price$886,000
Median Household Income$85,500

Alhambra, CA — ZIP Code Boundary Map

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Frequently Asked Questions