Gardena, CA—90248
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gardena, CA
As of Oct '25, the median home price in Gardena, CA is $794,000, with a year-over-year change of -1.7%. This indicates that home prices in Gardena, CA are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $794,000 | -1.7% |
| Single Family | $796,000 | -2.1% |
| Condos | $775,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $672,000 | -2.6% |
3 Bed | $788,000 | -2.0% |
4 Bed | $881,000 | -1.3% |
| 5 Bed | $1,033,000 | 0.5% |
% of Housing Stock
Rental Trends — Gardena, CA
As of July '25, Rentcast reports the average rent in Gardena, CA is $2,970, with a year-over-year rent change of -13.7%. Per bedroom, the median rent as of July '25 in Gardena, CA is 1-bedrooms: $1,900, 2-bedrooms: $2,460, 3-bedrooms: $4,000, 4-bedrooms: $4,000. The most common rental property sizes in Gardena, CA are 2-bedroom and 1-bedroom, accounting for 41.6% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,970 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,900 | $1,900 |
| 2 Bed Rent | $2,150 | $2,460 |
| 3 Bed Rent | $3,500 | $4,000 |
| 4 Bed Rent | $4,000 | $4,000 |
% of Rental Stock
Property Listings — Gardena, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Gardena, CA is 60. This is a increase of 8.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $840,000 | 1.0% |
Listing Count | 14 | -11.0% |
| Listings as % of Homes | 0.3% | -11.0% |
Days on Market | 60 | 8.0% |
Demographics — Gardena, CA
As of the latest ACS Survey released in 2023, Gardena, CA has a population of 11,100, which has decreased by -3.2% over the past 5 years. Gardena, CA is a less popular place for families, as children make up 14.1% of the population. The area has a moderately educated workforce, with 33.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,100 | -3.2% |
% Under 18 | 14.1% | -26.6% |
% Seniors | 23.2% | 33.3% |
% WFH | 9.3% | 173.5% |
% w/ College Degree | 33.3% | 15.2% |
As of the latest ACS Survey released in 2023, Gardena, CA is a predominantly asian area, with 32.5% of the population identifying as asian. The asian population has grown by 4.2% in the last 5 years. The second most common race or ethnicity in Gardena, CA is hispanic, making up 30.6% of the population. Foreign-born residents account for 36.7% of the population in Gardena, CA, and this percentage has increased by 6.7% 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 | 7.3% | -27.7% |
% Black | 21.2% | 37.7% |
% Hispanic | 30.6% | -26.4% |
% Asian | 32.5% | 4.2% |
% Foreign Born | 36.7% | 6.7% |
Mortgage and Risk — Gardena, CA
According to HUD data as of 2023, there were 55 mortgage originations in Gardena, CA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Gardena, CA. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 55 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Gardena, CA
As of 2024, the percent of homes in Gardena, 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 Gardena, 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 | 54 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,900 | $1,810 |
| 2 Bedroom | $140 | $2,150 | $2,290 |
| 3 Bedroom | -$560 | $3,500 | $2,940 |
| 4 Bedroom | -$760 | $4,000 | $3,240 |
Affordability — Gardena, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.3 |
| Median Home Price | $794,000 |
| Median Household Income | $81,800 |