91030, South Pasadena, CA

The 91030 zip code of South Pasadena, CA is located in the San Gabriel Valley and has a population of around 97,000. Home prices in this area have been increasing steadily over the past few years, reaching a peak in 2017 before beginning to decline. At present, home prices are around $500,000, which is considerably higher than the national average of $233,000.

One reason for the high home prices in this area is that there are a lot of affluent residents who are willing to pay a premium for quality homes. Additionally, South Pasadena is located close to several major cities (Los Angeles and Pasadena) and has excellent public transportation options. Consequently, it is not difficult for people to find jobs and access other amenities.

Despite the high prices, there are still plenty of opportunities available for buyers who are interested in purchasing a home in this area. For example, there are plenty of new developments being built that will add even more homes to the market over time. Furthermore, many homeowners who have been living in their homes for several years may be able to sell them at a higher price than they initially paid because they have established equity in them.