There are currently 11,399 real estate properties in Altadena, CA, with a median automated valuation model (AVM) price of $1,292,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Altadena, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Altadena, CA, is $1,405,849.00, with the most expensive house in Altadena, CA, topping out at $5,455,300.00 and the cheapest home in Altadena, CA, clocking in at $214,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Altadena, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Altadena, CA, is on a rollercoaster ride. The average rent price in Altadena, CA, is $3,388.00. Indeed, when looking to rent in Altadena, CA, you can expect to pay as little as $1,930.00 or as much as $5,740.00, with the average rent median estimated to be $3,340.00. The good news is that finding an affordable and desirable property to rent in Altadena, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Altadena is located in Los Angeles, California, with an estimated municipal population of 44,850 residents. All of the best foreclosed homes for sale in Altadena are located in the following zip code areas on Foreclosure.com: 91104 91001 91003. The estimated population per square kilometer (.62 miles) in Altadena is 2,045.
So, about how much do homes cost in Altadena? The most recent median value of resident-owned homes in Altadena is 743,486. An estimated 72 percent of households in Altadena own their homes, with an average family size of 3.38. The median household income in Altadena is 98,693, with49.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Altadena, the median commute time of resident workers (in minutes) is 30.8. And last, but certainly not least, are you looking for homes to rent in Altadena? If so, the average rent price paid by renters in Altadena is 1,692, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Altadena, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Altadena is 44.3, split between 49 percent male versus 51 female. The percentage of residents who report being married in Altadena is 49.2, with an average family size of 3.38.
The percentage of residents who report their race in Altadena is as follows:
White | 54.3% |
Black / African American | 22.2% |
Asian | 6.4% |
American Indian / Alaskan Native | 0.8% |
Native Hawaiian / Other Pacifc Islander | 0.1% |
Multi-racial | 4.9% |
Other | 11.2% |
Looking for family-friendly neighborhoods in and/or near Altadena? Or maybe you are searching for 55+ active adult communities in and/or near Altadena?
The percentage of residents who report their age in Altadena is as follows:
Under 10 | 10.9% |
Aged 10-19 | 10.5% |
20s | 11.4% |
30s | 11% |
40s | 15% |
50s | 15.8% |
60s | 11.9% |
70s | 8.4% |
80+ | 5.2% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Altadena with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Altadena.
How do you know that living in -- or moving to -- Altadena is right where you need to be? Perhaps you grew up in Altadena or already live nearby; therefore, the decision to buy a home in Altadena is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Altadena for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Altadena:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Altadena.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Altadena can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Altadena, meanwhile, can field multiple offers from more qualified buyers.
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