Azusa, CA—91702
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Azusa, CA
As of Oct '25, the median home price in Azusa, CA is $703,000, with a year-over-year change of -1.2%. This indicates that home prices in Azusa, 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 | $703,000 | -1.2% |
| Single Family | $726,000 | -1.6% |
| Condos | $545,000 | -1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $436,000 | -1.8% |
2 Bed | $561,000 | -0.9% |
3 Bed | $699,000 | -1.3% |
4 Bed | $785,000 | -1.4% |
| 5 Bed | $1,101,000 | -0.5% |
% of Housing Stock
Rental Trends — Azusa, CA
As of July '25, Rentcast reports the average rent in Azusa, CA is $2,740, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Azusa, CA is studios: $1,580, 1-bedrooms: $1,820, 2-bedrooms: $2,680, 3-bedrooms: $3,450, 4-bedrooms: $4,130. The most common rental property sizes in Azusa, CA are 2-bedroom and 1-bedroom, accounting for 46.5% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,740 |
| Studio Rent | $1,550 | $1,580 |
| 1 Bed Rent | $1,820 | $1,820 |
| 2 Bed Rent | $2,600 | $2,680 |
| 3 Bed Rent | $3,500 | $3,450 |
| 4 Bed Rent | $3,900 | $4,130 |
% of Rental Stock
Property Listings — Azusa, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Azusa, CA is 53. This is a increase of 47.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $699,000 | 2.0% |
Listing Count | 89 | 33.0% |
| Listings as % of Homes | 0.3% | 33.0% |
Days on Market | 53 | 47.0% |
Demographics — Azusa, CA
As of the latest ACS Survey released in 2023, Azusa, CA has a population of 61,800, which has remained stable by -0.9% over the past 5 years. Azusa, CA is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 61,800 | -0.9% |
% Under 18 | 20.7% | -7.2% |
% Seniors | 12.2% | 28.4% |
% WFH | 7.8% | 200.0% |
% w/ College Degree | 24.2% | 26.7% |
As of the latest ACS Survey released in 2023, Azusa, CA is a predominantly hispanic area, with 68.1% of the population identifying as hispanic. The hispanic population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Azusa, CA is white, making up 13.5% of the population. Foreign-born residents account for 32.7% of the population in Azusa, CA, and this percentage has increased by 7.6% 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 | 13.5% | -18.2% |
% Black | 2.5% | -16.7% |
% Hispanic | 68.1% | 0.3% |
% Asian | 13.2% | 18.9% |
% Foreign Born | 32.7% | 7.6% |
Mortgage and Risk — Azusa, CA
According to HUD data as of 2023, there were 429 mortgage originations in Azusa, CA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Azusa, CA. Investor activity is low, as 3.0% 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 | 429 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Azusa, CA
As of 2024, the percent of homes in Azusa, CA under the Section 8 program is 7.9%. 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 Azusa, 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 | 555 |
Total Units Section 8 | 555 |
% Rentals under Section 8 | 7.9% |
% Occupied Section 8 | 90.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $1,820 | $1,910 |
| 2 Bedroom | -$190 | $2,600 | $2,410 |
| 3 Bedroom | -$440 | $3,500 | $3,060 |
| 4 Bedroom | -$500 | $3,900 | $3,400 |
Affordability — Azusa, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $703,000 |
| Median Household Income | $87,600 |