The housing market in the 91101 zip code of Pasadena, California is booming. The median value for homes in this area is an impressive $772,600 which is more than double the US median value of $338,100. This high-value market has seen a 7.18% increase in home values over the last year, only slightly lower than the national appreciation rate of 8.27%. With such a large investment potential and growing appreciation rates, it’s no wonder why people are investing in homes in this area of California.
The median home cost in Pasadena (zip 91101) is $772,600. Home appreciation the last 10 years has been 109.5%. Home Appreciation in Pasadena (zip 91101) is up 18.2%.
Average Age of Homes
- The median age of Pasadena (zip 91101) real estate is 42 years old
The Rental Market in Pasadena (zip 91101)
- Renters make up 77.9% of the Pasadena (zip 91101) population
- 2.3% of houses and apartments in Pasadena (zip 91101), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.