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Pasadena, CA Real Estate


According to census data in the year 2000 there were 54,114 housing units in Pasadena. This represents a 2% growth from 53,032 in 1990.

Of those housing units, 54,114 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Pasadena is about 45.7%. Pasadena's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Pasadena were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type9.20%
One Bedroom27.20%
Two Bedrooms32.80%
Three Bedrooms21.90%
Four Bedrooms6.30%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1948
Median Value of occupied units$286,400
Median Price asked for vacant units$309,100

Rented Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1961
Median Monthly Rent asked for vacant units$844

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage11%
Home Equity Loan9%
Simple Mortgage56.80%
Debt Free22.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.6%