October's First-Time Homebuyer Report for Pasadena

With 149,043 residents, Pasadena is a larger than average city in Texas. Also, with a 2.9% increase over the last 10 years, its population is growing faster than other parts of the state. 77502, 77506, and 77503 are the three largest zip codes in terms of population. Homes in Pasadena are relatively old with a median age of 37 years. Topping the list of best schools in the city is G W Robinson.

Price Range

Pasadena has some of the more expensive homes in the state with a median home value of $99,900 and a current average list price of $184,880. The Pasadena market pulled back with a 13.1% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 78.8 monthly average with 73 homes sold.

Make sure you take a look at these eye-catching homes in Pasadena that generated the most views from potential buyers:

$229K   $135K   $2.4M  

Typical Dwelling

A three-bedroom detached home valued around $146,082 is considered a typical dwelling in Pasadena. If a buyer was looking for a similar home, they would need good credit and a $29,216 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $887 and the property tax rate is $20.09 per $1,000 of taxable assessed value.

Get started right now by checking out Pasadena homes for sale or reviewing Pasadena real estate trends.

Data reported through 10/13/2016


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