Gardena, CA 90248 Real Estate Market Report

ZIP Code: 90248
Report Date: May 2026
Market Temperature: NEUTRAL
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.

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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 primary market value indicator is the median sold price of $765,000, which reflects recent transaction-level pricing and should be treated as the representative recent sale benchmark for Gardena ZIP 90248.

2. Liquidity appears slow based on a median days on market of 308, which suggests longer holding periods and pricing friction that may require sellers to set realistic expectations on time-to-close.

3. Price momentum is positive with a year-over-year price trend labeled up, while market balance remains neutral—this combination suggests modest upward price pressure but a cautious, balanced market environment rather than an aggressive seller’s market (up; neutral).

4. Rents are showing weakness with a median market rent of $2,450 and a year-over-year rent trend of down, while interest rate conditions are flagged as moderate pressure—together these signals may compress investor cash-flow assumptions and warrant closer underwriting of rental-supported purchases.

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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.

Gardena, CA 90248 Real Estate Market Report

ZIP Code: 90248
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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 primary market indicator, the median sold price of $582,500, anchors local value and indicates recent transactions are supporting slightly higher price levels consistent with the observed up year-over-year price trend.

2. The market shows slower transaction velocity as evidenced by a median days on market of 248, which suggests extended marketing periods and potential pricing friction despite sales occurring at realized prices.

3. Pricing intensity is elevated at the unit level with a median price per square foot of $471, implying higher per‑unit area valuation that buyers and appraisers should reference when setting offers or underwriting deals.

4. Rental context is softening: the median market rent is $3,195 while the rent year-over-year trend is down, which may limit upside for short-term buy-to-rent plays; additionally, interest rate pressure is characterized as moderate, a caution for financing-sensitive buyers.

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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.