Sell My House Fast in Pasadena, Texas with an iBuyer

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Pasadena Real Estate Market Overview

Average Monthly Rent:

$984

Percentage Change in Home Price/Value:

15.9%

Median Home Value:

$231,800

Best Time To Sell Home:

July

Affordability Index:

161

Days To Sell House:

46

Job Market:

Weak

Public School Ranking:

28

Location & Weather

Pasadena, Texas is located 14 miles southeast of Houston in Harris County. This lush and aesthetically pleasing city is bordered by Deer Park to the east and Jacinto City to the north. Its location allows for quick travel to the nearby cities of Houston and port Houston, which adds to the many advantages of living here. Pasadena is filled with museums, nature centers, community theaters, and hosts a variety of festivals that boosts the tourism here as well.

Residents of this city enjoy hot summers and tolerable winters, where temperatures rarely drop lower than the mid 40s.

Population, Job Market & Cost of Living

The population in Pasadena is 146,709, with a declining growth rate of -1.02% annually. The job market here has increased by 3.2% over the last year. In ten years, job growth is predicted to be 27.6%. Currently, the petrochemical value chain is the largest and most dominant industry driving the economy in Pasadena. Logistics and distribution, aerospace, retail, and professional and technical services are some of the other high performing sectors of the job market as well. Overall, Pasadena is described to be the ideal location for start-up businesses as it has the potential to compete in a global economy.

This city’s cost of living is slightly lower than the Texas average, making it a more affordable place to live in the state. It’s also considered less expensive than the U.S. average cost of living, with affordable housing.

Hottest Neighborhoods:

Downtown Pasadena, Red Bluff Terrace, Deepwater, Parkwood, Golden Acres, Kingsdale

Average Monthly Rent in Pasadena

The average monthly rent in Pasadena is $984 for an average apartment size of 832 sq. feet.

Change in Home Value and Median Home Value

There has been a 15.9% increase in Pasadena’s median home value over the last year. As of 2022, the median home value is $231,800.

Days to Sell a House

On average, homes in Pasadena sell after 46 days on the market.

Best Time to Sell a House in Pasadena

The month of July can provide homeowners with the highest valued sale and quickest sale.

Affordability Index

The affordability index in Pasadena is 161. This number indicates high affordability in this city.

Pasadena Public School Ranking

The top ranked public schools are Fairmont Elementary School, Fairmont J High School, Pasadena Memorial High School, Bondy Intermediate School, Red Bluff Elementary School and Cater Lomax Middle School. This information is determined by the school's combined math and reading proficiency data in testing.

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