Alhambra, CA—91803
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Alhambra, CA
Home Price Trends — Alhambra, CA
As of Oct '25, the median home price in Alhambra, CA is $930,000, with a year-over-year change of -1.2%. This indicates that home prices in Alhambra, 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 | $930,000 | -1.2% |
| Single Family | $943,000 | -1.4% |
| Condos | $715,000 | -1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $831,000 | -1.0% |
3 Bed | $955,000 | -1.3% |
4 Bed | $1,052,000 | -0.9% |
| 5 Bed | $1,198,000 | -0.4% |
% of Housing Stock
Rental Trends — Alhambra, CA
As of July '25, Rentcast reports the average rent in Alhambra, CA is $2,830, with a year-over-year rent change of 10.5%. Per bedroom, the median rent as of July '25 in Alhambra, CA is studios: $1,500, 1-bedrooms: $1,970, 2-bedrooms: $2,750, 3-bedrooms: $4,040, 4-bedrooms: $3,820. The most common rental property sizes in Alhambra, CA are 2-bedroom and 1-bedroom, accounting for 50.4% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,690 | $2,830 |
| Studio Rent | $1,500 | $1,500 |
| 1 Bed Rent | $1,950 | $1,970 |
| 2 Bed Rent | $2,700 | $2,750 |
| 3 Bed Rent | $3,600 | $4,040 |
| 4 Bed Rent | $3,150 | $3,820 |
% of Rental Stock
Property Listings — Alhambra, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Alhambra, CA is 53. This is a increase of 17.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $914,000 | -17.0% |
Listing Count | 25 | 2.0% |
| Listings as % of Homes | 0.1% | 2.0% |
Days on Market | 53 | 17.0% |
Demographics — Alhambra, CA
As of the latest ACS Survey released in 2023, Alhambra, CA has a population of 27,800, which has decreased by -8.5% over the past 5 years. Alhambra, CA is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 36.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,800 | -8.5% |
% Under 18 | 18.1% | 0.6% |
% Seniors | 19.2% | 10.3% |
% WFH | 12.0% | 192.7% |
% w/ College Degree | 36.6% | 24.9% |
As of the latest ACS Survey released in 2023, Alhambra, CA is a predominantly asian area, with 50.6% of the population identifying as asian. The asian population has grown by 6.5% in the last 5 years. The second most common race or ethnicity in Alhambra, CA is hispanic, making up 39.3% of the population. Foreign-born residents account for 46.8% of the population in Alhambra, CA, and this percentage has decreased by 3.7% 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 | 6.6% | -25.0% |
% Black | 1.8% | 12.5% |
% Hispanic | 39.3% | -3.4% |
% Asian | 50.6% | 6.5% |
% Foreign Born | 46.8% | -3.7% |
Mortgage and Risk — Alhambra, CA
According to HUD data as of 2023, there were 162 mortgage originations in Alhambra, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Alhambra, CA. Investor activity is low, as 9.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 162 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Alhambra, CA
As of 2024, the percent of homes in Alhambra, CA under the Section 8 program is 4.1%. 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. 4-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 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 196 |
Total Units Section 8 | 196 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,950 | $1,830 |
| 2 Bedroom | -$390 | $2,700 | $2,310 |
| 3 Bedroom | -$660 | $3,600 | $2,940 |
| 4 Bedroom | $100 | $3,150 | $3,250 |
Affordability — Alhambra, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.3 |
| Median Home Price | $930,000 |
| Median Household Income | $84,500 |