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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Azusa, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Azusa, CA Housing Market Trends

With a population of 48,824, 14,102 total housing units (homes and apartments), and a median house value of $775,227, real estate costs in Azusa are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Azusa, accounting for 49.01% of the city's housing units. Other types of housing that are prevalent in Azusa include large apartment complexes or high rise apartments ( 19.88%), row houses and other attached homes ( 15.60%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.88%).

People in Azusa primarily live in small (one, two or no bedroom) single-family detached homes. Azusa has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Azusa's housing was primarily built during this period, from the '40s through the '60s. A full 48.29% of the city's housing hails from this era. Other housing ages represented in Azusa include homes built between 1970-1999 ( 34.05%) and housing constructed between 2000 and later ( 13.52%). There's also some housing in Azusa built before 1939 ( 4.13%).

Azusa Home Appreciation Rates

In the last 10 years, Azusa has experienced some of the highest home appreciation rates of any community in the nation. Azusa real estate appreciated 123.72% over the last ten years, which is an average annual home appreciation rate of 8.39%, putting Azusa in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Azusa definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Azusa's appreciation rate, at 7.62%, has been at or slightly above the national average. In the latest quarter, Azusa's appreciation rate has been 3.28%, which annualizes to a rate of 13.79%.

Relative to California, our data show that Azusa's latest annual appreciation rate is higher than 50% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Azusa differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Azusa - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Azusa real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$775,227

Azusa, CA Home Prices
> $1,332,000
$999,001 - $1,332,000
$666,001 - $999,000
$533,001 - $666,000
$400,001 - $533,000
$267,001 - $400,000
$133,001 - $267,000
$67,001 - $133,000
$0 - $67,000
5.7%
5.7%
11.7%
11.7%
46.1%
46.1%
18.6%
18.6%
6.4%
6.4%
4.0%
4.0%
1.4%
1.4%
2.6%
2.6%
3.5%
3.5%
0% 100.0%
% of Homes
Average

for California

Very High

for nation

Number of Homes And Apartments:

14,102

Azusa Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,003 / per month

Homeownership Rate

Owners
Renters
50.2%
50.2%
49.8%
49.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.3%
4.3%
95.7%
95.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.5%
13.5%
34.1%
34.1%
48.3%
48.3%
4.1%
4.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
49.0%
49.0%
15.6%
15.6%
10.9%
10.9%
19.9%
19.9%
4.5%
4.5%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.0%
2.0%
12.3%
12.3%
37.4%
37.4%
32.3%
32.3%
13.5%
13.5%
2.5%
2.5%
0% 100.0%
% of Homes