Altadena, CA—91001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Altadena, CA
As of Oct '25, the median home price in Altadena, CA is $1,120,000, with a year-over-year change of -8.8%. This indicates that home prices in Altadena, 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 | $1,120,000 | -8.8% |
| Single Family | $1,126,000 | -10.2% |
| Condos | $475,000 | -12.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $656,000 | -13.0% |
2 Bed | $890,000 | -11.7% |
3 Bed | $1,138,000 | -10.3% |
4 Bed | $1,463,000 | -7.6% |
| 5 Bed | $1,907,000 | -5.8% |
% of Housing Stock
Rental Trends — Altadena, CA
As of July '25, Rentcast reports the average rent in Altadena, CA is $3,970, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Altadena, CA is studios: $1,770, 1-bedrooms: $2,400, 2-bedrooms: $4,120, 3-bedrooms: $5,120, 4-bedrooms: $6,190. The most common rental property sizes in Altadena, CA are 2-bedroom and 3-bedroom, accounting for 42.4% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,900 | $3,970 |
| Studio Rent | $1,500 | $1,770 |
| 1 Bed Rent | $2,350 | $2,400 |
| 2 Bed Rent | $3,900 | $4,120 |
| 3 Bed Rent | $5,500 | $5,120 |
| 4 Bed Rent | $6,160 | $6,190 |
% of Rental Stock
Property Listings — Altadena, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Altadena, CA is 39. 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 | $1,700,000 | 11.0% |
Listing Count | 68 | 4.0% |
| Listings as % of Homes | 0.2% | 4.0% |
Days on Market | 39 | 16.0% |
Demographics — Altadena, CA
As of the latest ACS Survey released in 2023, Altadena, CA has a population of 36,400, which has decreased by -3.5% over the past 5 years. Altadena, CA is a moderately popular place for families, as children make up 19.3% of the population. The area has a highly educated workforce, with 52.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,400 | -3.5% |
% Under 18 | 19.3% | -2.5% |
% Seniors | 21.0% | 24.3% |
% WFH | 23.4% | 283.6% |
% w/ College Degree | 52.1% | 18.7% |
As of the latest ACS Survey released in 2023, Altadena, CA is a predominantly white area, with 36.9% of the population identifying as white. The white population has grown by 4.2% in the last 5 years. The second most common race or ethnicity in Altadena, CA is hispanic, making up 29.4% of the population. Foreign-born residents account for 18.8% of the population in Altadena, CA, and this percentage has increased by 1.6% 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 | 36.9% | 4.2% |
% Black | 20.7% | -17.5% |
% Hispanic | 29.4% | -2.0% |
% Asian | 6.0% | 1.7% |
% Foreign Born | 18.8% | 1.6% |
Mortgage and Risk — Altadena, CA
According to HUD data as of 2023, there were 440 mortgage originations in Altadena, CA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Altadena, CA. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 440 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Altadena, CA
As of 2024, the percent of homes in Altadena, CA under the Section 8 program is 4.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Altadena, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 121 |
Total Units Section 8 | 121 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $2,350 | $2,360 |
| 2 Bedroom | -$920 | $3,900 | $2,980 |
| 3 Bedroom | -$1,710 | $5,500 | $3,790 |
| 4 Bedroom | -$1,960 | $6,160 | $4,200 |
Affordability — Altadena, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.5 |
| Median Home Price | $1,120,000 |
| Median Household Income | $134,000 |