Pasadena home values

Pasadena
California · City report
Typical value $1.15M · 17 neighborhoods · Values through Aug 2026

Pasadena at a glance

  • Zillow’s Home Value Index puts the typical home at $1,146,600 (Aug 2026), +0.3% over the past 12 months and +17% over five years.
  • The Census median home value in Pasadena is about $1,025,100 — 27% above California overall and 201% above the U.S. median.
  • Median household income is about $105,900; median rent about $2,202/month.
  • Neighborhood values range from $687K to $1.62M across 6 distinct ZIP codes.
Value trend

Pasadena home value trend

$1.15M
Typical value (Aug 2026)
+0.3%
1-year change
+17%
5-year change
+72%
10-year change
Pasadena typical home value, Aug 2016 to Aug 2026$600K$800K$1M$1.2M20182020202220242026
PasadenaCalifornia

Over the 12 months to Aug 2026, typical home values in Pasadena were essentially flat, to about $1,146,600. That is 0.9 percentage points slower than California (+1.1%). Values are 2.0% below their peak of $1,170,500 in Dec 2024. Over five years the typical home gained $169,500 in value (+17%).

Year-by-year values
MonthTypical valueChange vs year before
Aug 2026$1,146,600+0.3%
Aug 2025$1,143,400−0.2%
Aug 2024$1,146,200+6.1%
Aug 2023$1,080,700−1.7%
Aug 2022$1,098,900+12.5%
Aug 2021$977,100+16.0%
Aug 2020$842,200+3.8%
Aug 2019$811,600−0.7%
Aug 2018$817,000+12.0%
Aug 2017$729,400+9.2%
Aug 2016$667,900—

Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted. Areas with several ZIPs: population-weighted.

Value score

Pasadena home value score

0.2
Value Score / 10
Census-based
from local value, rent & income

In Pasadena (6 ZIPs), prices are high relative to rents (a low gross yield), and homes are expensive against local incomes.

How the Value Score is built

Rental yield0.0 / 10
Gross annual rent as a share of home value — 2.6% here. Higher means stronger cash flow.
Affordability0.4 / 10
Home value versus local income — 9.7× here. Lower is more affordable.

Computed figures

2.6%
Gross rental yield
9.7×
Price-to-income
+201%
Value vs U.S.

A transparent value snapshot — computed from U.S. Census ACS (2023) for Pasadena (6 ZIPs): home value, gross rent and household income. It is not a market-timing or appreciation forecast.

Neighborhoods

Pasadena neighborhoods compared

NameHome value1-yrIncomeRentPrice / income
Bungalow Heaven ZIP 91104 · shared$1.02M−1.2%$103K$2,0409.9×
Chapman Woods$1.11M+2.2%$125K$2,3118.9×
Civic Center ZIP 91101 · shared$687K−1.8%$94K$2,2827.3×
Downtown Pasadena city data—————
Hastings Ranch (East/West) city data—————
Linda Vista ZIP 91103 · shared$960K+1.4%$85K$1,92511.3×
Madison Heights ZIP 91106 · shared$967K−1.5%$89K$2,09610.8×
Mid-Central city data—————
North Arroyo ZIP 91103 · shared$960K+1.4%$85K$1,92511.3×
Oak Knoll ZIP 91106 · shared$967K−1.5%$89K$2,09610.8×
Old Pasadena ZIP 91105 · shared$1.62M+4.3%$157K$2,98810.3×
Orange Heights ZIP 91104 · shared$1.02M−1.2%$103K$2,0409.9×
Playhouse District ZIP 91101 · shared$687K−1.8%$94K$2,2827.3×
Rose Bowl Area city data—————
San Rafael ZIP 91105 · shared$1.62M+4.3%$157K$2,98810.3×
South Arroyo ZIP 91105 · shared$1.62M+4.3%$157K$2,98810.3×
Washington Square ZIP 91104 · shared$1.02M−1.2%$103K$2,0409.9×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Comparison

Pasadena vs California and the U.S.

PasadenaCaliforniaU.S.
Typical value (Zillow, Aug 2026)$1,146,600$913,800—
1-year change+0.3%+1.1%—
5-year change+17%+15%—
Median home value (Census)$1,025,100$804,300$340,200
Median household income$105,900$103,900$78,500
Median gross rent$2,202/mo$2,108/mo$1,406/mo
Price-to-income ratio9.7×7.7×4.3×
Gross rental yield2.6%3.1%5.0%
Rent as share of income25%24%21%
Mortgage payment*$5,183/mo$4,067/mo$1,720/mo

Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.

Buying vs renting

What it costs to buy a home in Pasadena

$1.15M
Typical price
$229K
Down payment (20%)
$5,798
Monthly P&I
$2,202
Median rent

At today’s typical value of $1,146,600 (Zillow, Aug 2026), a buyer putting 20% down ($229,320) and financing the rest at 6.5% over 30 years would pay about $5,798 a month in principal and interest — 66% of the median household income here. That is well above the common 28% guideline, so buying here typically takes an above-median income, a larger down payment or existing equity. The median rent is $2,202/month, so owning costs roughly 163% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Take-aways

What this means for buyers, sellers and investors in Pasadena

Buyers

At 9.7× local income, this is a premium market; expect competition for the few homes at the lower end of the range.

Sellers

Values are up 0.3% on the year, so recent sales support your price — and get a home-specific estimate: condition and size move the number more than the area average.

Investors

A gross rental yield of 2.6% is low — this is an appreciation play rather than a cash-flow market.

Common questions

Pasadena real estate FAQ

Are home prices going up in Pasadena?

Roughly flat — the Zillow Home Value Index for Pasadena rose 0.3% in the 12 months to Aug 2026, to about $1,146,600. California changed +1.1% over the same period. Over five years values are +17%.

What is the typical home value in Pasadena?

The median owner-occupied home in Pasadena is valued at about $1,025,100 according to the U.S. Census Bureau’s ACS 2023 5-year estimates — 201% above the U.S. median and 27% above California. Zillow’s more current index puts the typical home at about $1,146,600.

Is Pasadena affordable?

Homes cost about 9.7× the median household income of $105,900, which makes it an expensive market relative to local earnings. At today’s typical value of about $1,146,600, principal and interest would take about 66% of that income.

How much is rent in Pasadena?

Median gross rent (rent plus utilities) is about $2,202 a month, 57% above the U.S. median, or 25% of the median household income.

Is Pasadena good for rental property investment?

The gross rental yield — a year of median rent divided by the typical home value — is 2.6%. That is low, so investors here usually rely on appreciation rather than rental income.

What is the most affordable neighborhood in Pasadena?

Among Pasadena neighborhoods with their own ZIP-level data, Playhouse District (ZIP 91101, which also covers Civic Center) has the lowest median home value at about $687,300.

What is the most expensive neighborhood in Pasadena?

Old Pasadena (ZIP 91105, which also covers San Rafael, South Arroyo) has the highest median home value, about $1,615,700.

Where are home values rising fastest in Pasadena?

Old Pasadena, where the Zillow Home Value Index changed +4.3% over the past 12 months.

Where is the best rental yield in Pasadena?

Playhouse District, where a year of median rent equals about 4.0% of the median home value.
Your home

What’s your Pasadena home worth?

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Estimates are informational only and are not an appraisal.

Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.