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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Sierra Madre, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Sierra Madre, CA Housing Market Trends

With 10,809 people, 5,018 houses or apartments, and a median cost of homes of $1,357,722, Sierra Madre house prices are not only among the most expensive in California, Sierra Madre real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Sierra Madre, accounting for 67.26% of the city's housing units. Other types of housing that are prevalent in Sierra Madre include large apartment complexes or high rise apartments ( 16.48%), row houses and other attached homes ( 9.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.64%).

The most prevalent building size and type in Sierra Madre are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.07% owning and 43.93% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Sierra Madre's housing was primarily built during this period, from the '40s through the '60s. A full 51.69% of the city's housing hails from this era. Other housing ages represented in Sierra Madre include homes built between 1970-1999 ( 20.22%) and housing constructed before 1939 ( 19.06%). There's also some housing in Sierra Madre built between 2000 and later ( 9.04%).

Vacant housing appears to be an issue in Sierra Madre. Fully 10.22% of the housing stock is classified as vacant. Left unchecked, vacant Sierra Madre homes and apartments can be a drag on the real estate market, holding Sierra Madre real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Sierra Madre Home Appreciation Rates

Sierra Madre's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sierra Madre during the period has been just 4.58%, which is lower than 80% of US communities.

Over the last year, Sierra Madre appreciation rates have trailed the rest of the nation. In the last twelve months, Sierra Madre's appreciation rate has been 2.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sierra Madre were at 0.15%, which equates to an annual appreciation rate of 0.59%.

Relative to California, our data show that Sierra Madre's latest annual appreciation rate is higher than 60% of the other cities and towns in California.

Average Home Values

Median Home Value

$1,357,722

Sierra Madre, CA Home Prices
> $1,177,000
$883,001 - $1,177,000
$588,001 - $883,000
$471,001 - $588,000
$353,001 - $471,000
$235,001 - $353,000
$118,001 - $235,000
$59,001 - $118,000
$0 - $59,000
67.8%
67.8%
24.7%
24.7%
4.1%
4.1%
1.6%
1.6%
0.0%
0.0%
0.2%
0.2%
1.3%
1.3%
0.0%
0.0%
0.2%
0.2%
0% 100.0%
% of Homes
Very High

for California

Very High

for nation

Number of Homes And Apartments:

5,018

Sierra Madre Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,179 / per month

Homeownership Rate

Owners
Renters
56.1%
56.1%
43.9%
43.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.2%
10.2%
89.8%
89.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.0%
9.0%
20.2%
20.2%
51.7%
51.7%
19.1%
19.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
67.3%
67.3%
9.6%
9.6%
6.6%
6.6%
16.5%
16.5%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.3%
1.3%
12.8%
12.8%
29.7%
29.7%
39.1%
39.1%
14.5%
14.5%
2.5%
2.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Sierra Madre

Zip Codes in Sierra Madre, CA