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Market Snapshot

Median listing price
$749K

The median listing price in Gardena, CA ZIP 90248 is $749,000 as of June 2026.

Median rent
$3,195/mo

The median market rent in Gardena, CA ZIP 90248 is $3,195/month as of June 2026.

Days on market
329 days

The median days on market in Gardena, CA ZIP 90248 is 329 days as of June 2026. The market is currently hot.

Gross rental yield
5.12%

At a median list price of $749,000 and a median rent of $3,195/month, the gross rental yield in Gardena, CA ZIP 90248 is 5.12% as of June 2026.

STR vs LTR
$1,940/mo STR · $3,195/mo LTR

In Gardena, CA ZIP 90248, median Airbnb revenue is $1,940/month compared to median long-term rent of $3,195/month as of June 2026.

Gardena, CA 90248 Real Estate Market Report

ZIP Code: 90248

Report Date: June 2026

Market Temperature:
HOT

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
14
Active Listings
5
Sold Properties
9

Market Metrics

Median Listing Price
$749,000
Median Sold Price
$694,000
Median Price per Sqft
$567/sqft

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.


Rental Market

Median Market Rent
$3,195

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.


Property Taxes

Property Tax Rate
0.74%

Liquidity & Velocity

Median Days on Market
329
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The primary market indicator, median sold price 694,000, shows recent transaction-level value and suggests Gardena remains in a price-up environment; paired with a median listing price 749,000, this gap appears to reflect seller expectations versus realized sale levels and may indicate pricing friction between ask and achieved prices.
  2. Despite a long median days on market 329, transaction velocity reads as slower sales activity rather than a collapse in demand; combined with the reported hot market temperature, this suggests buyers are selective and negotiations may take longer to close.
  3. Supply conditions in the analyzed sample point to relatively constrained active supply, which, together with the median price per square foot 567 and a reported up price year-over-year trend, supports continued price resilience for SFR and condominium segments.
  4. Rental and financing context: the median market rent 3,195 and a reported up rent year-over-year trend reinforce strong rental demand, while moderate interest rate pressure suggests financing costs are a cautionary factor but not an acute market breaker.

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.

Recent Transactions

1338 W Cassidy St, Gardena, CA 90248
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds2 baths1,394 sqft
$910,000
Mar 1, 2026
$653/sqft/sqft
137 days on market
1436 W 187th Pl, Gardena, CA 90248
Premium

Sold above market average

3 beds1 baths1,065 sqft
$855,000
Mar 1, 2026
$803/sqft/sqft
113 days on market
1419 W 185th St, Gardena, CA 90248
Value

Sold below market average

2 beds2 baths2,205 sqft
$800,000
Apr 1, 2026
$363/sqft/sqft
18505 S Dalton Ave, Gardena, CA 90248
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,388 sqft
$781,000
May 1, 2026
$563/sqft/sqft
15709 S Ball Ave, Gardena, CA 90248
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,316 sqft
$752,000
Apr 1, 2026
$571/sqft/sqft
103 days on market
1652 W 182nd St, Gardena, CA 90248
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,204 sqft
$665,000
Mar 1, 2026
$552/sqft/sqft
96 days on market
241 E 158th St, Gardena, CA 90248
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,450 sqft
$599,000
Apr 1, 2026
$413/sqft/sqft
15809 S Ball Ave, Gardena, CA 90248
Value

Sold below market average

2 beds1 baths1,226 sqft
$408,000
Mar 1, 2026
$333/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$944/mo
90248 Avg Rent
90248 Cost to Own
Rent$3,195
Own$4,139

20% down, 6.50% rate, 0.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

90248 Avg nightly rate
90248 Avg occupancy (days/year)
Nightly rate$198/night
Occupancy125 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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