Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Pasadena is about $245,000 as of Sep 2026, down 1.7% from a year ago. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Yes, if you negotiate. Buyers have more room in Pasadena than usual. Compared with 2017–2019 at this time of year, there are 26 pending sales per 100 listings, against 70 then, and there are 55% more homes for sale. Sellers are competing harder for you than they used to. Use it.
There are 232 homes for sale in Pasadena, 55% more than in 2017–2019 at this time of year. That count is down 12% on last year, with 68 new listings this month. The build-up is biggest in 77506 (53 for sale, 115% above its 2017–2019 level) and 77503 (36 for sale, 77% above its 2017–2019 level). More choice means you can walk away from any home priced for the market of three years ago.
The population in Pasadena's ZIP codes fell 4.2% over five years. 8.2% of homes are vacant, higher than 62% of tracked cities. Households still grew 1.2% while the housing stock held flat. Fewer people living in more households means rental demand has held up better than the population suggests. Check vacancy by ZIP before you buy.
Ranked among the 77 Texas markets we track:
For every 100 homes still for sale, 26 are under contract. In 2017–2019 at this time of year it was 70. The rest are still waiting for a buyer. About 1 in 4 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.
The typical Pasadena listing has been on the market 50 days. That is 15% shorter than a year ago. There are 232 homes for sale in Pasadena. That is 3.8 times the tightest month on record, but below the peak of 268. Supply is shrinking against last year.
In Pasadena, 47 out of every 100 households rent. That is nearly half. The renter share is shrinking. Five years ago it was 48 in 100. Renter households here average 3.0 people. Families rent here. Buy bedrooms. Studios will sit.
The median Pasadena household earns $64,564 a year. Incomes here have grown 3.5% a year since 2019. Incomes are rising faster than home prices. Affordability is improving. A typical home costs 3.8 times the median income. Locals can afford to buy here. Your exit buyer can be a local family. At 30% of income, a tenant on the median income can pay about $1,614 a month.
To see what one Pasadena address would rent for and cash flow, run it through the app.
The median asking price is 11.8% below its Nov 2023 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Pasadena prices have risen in 90 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
There is no rush. Prices are still coming down. Watch the homes you like. Come back after they cut. Let the seller move first.
Read what days on market tells you about leverage and how we read these numbers, then run the numbers on a deal.
The median asking price in Pasadena is about $245,000 as of Sep 2026, down 1.7% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Pasadena figures cover the 8 ZIP codes with a Pasadena mailing address, which can reach past city limits.
Buyers have more room in Pasadena than usual. We compare Pasadena with 2017–2019 at this time of year: there are 26 pending sales per 100 listings, against 70 then; there are 55% more homes for sale; the typical listing has been up 14% more days.
The median asking price is 11.8% below its Nov 2023 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.
77506. Only 20 homes under contract for every 100 still for sale. 31% of sellers there have cut their price, and the typical listing has been up 42 days.
Across 9 full years, Pasadena asking prices ran lowest in February, about 5.2% below the year's average. They peaked in August. The most homes for sale show up in November, about 11% above the yearly average.
HUD's fiscal year 2026 fair market rent for Harris County is $1,573 a month for 2 bedrooms and $2,116 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
ZIP 77502 is on both lists. That is rare. It is the one place in Pasadena where leverage and growth overlap.
| ZIP | $/sqft, 2 yrs | $/sqft now | Buyers per home | For sale |
|---|---|---|---|---|
| 77506 | +5.5% | $154 | 0.20 | 53 |
| 77505 | +0.6% | $161 | 0.38 | 45 |
| 77504 | +0.0% | $142 | 0.21 | 37 |
| 77502 | -5.7% | $148 | 0.25 | 61 |
| 77503 | -6.6% | $143 | 0.29 | 36 |
Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.
Pasadena has eight ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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