Gardena, CA 90248 Real Estate Market Report

ZIP Code: 90248
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Gardena, CA reflects a median sold price of $788,500, indicating a stable market environment. The neighborhood has seen flat price trends, suggesting that while there may be some buyer interest, the overall pricing dynamics are not shifting significantly. This stability is further underscored by a median days on market of 288, which points to slower sales velocity and a potential adjustment period for sellers to meet market expectations.

The current market temperature is characterized as neutral, with elevated inventory levels contributing to a more balanced environment. While rental demand remains steady with a median market rent of $2,888, the increased days on market may indicate a shift towards a more cautious approach from buyers, reflecting the ongoing elevated interest rate pressure. Overall, the market appears to be stabilizing, albeit with signs of price softness and longer transaction timelines.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $788,500 indicates a stable market, with no significant upward or downward pressure on pricing.

2. With a median days on market of 288, the market is experiencing slower sales velocity, suggesting a potential adjustment period for sellers.

3. The market temperature is currently neutral, reflecting a balance between buyer and seller expectations amidst elevated inventory levels.

4. Rental demand remains strong, with a median market rent of $2,888, indicating ongoing interest in rental properties despite market fluctuations.

5. The price trend is flat, suggesting that while there is activity, significant price changes are not anticipated in the near term.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.