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Market Intelligence · CA / Los Angeles County

San Pedro, CA home prices and housing market

2 ZIP markets liveData updated September 2026Typical value$849K1-yr changeDown0.1%

The typical home value in San Pedro, CA is $849K as of September 2026, down 0.1% from a year ago, based on the Zillow Home Value Index. In the typical San Pedro ZIP code, the median list price is $818K and homes spend a median of 53 days on market as of September 2026 (Realtor.com).

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The coverage

San Pedro, by the numbers.

Typical home valueZillow ZHVI, September 2026
$849K
1-yr changeMedian across San Pedro ZIPs
-0.1%
ZIP markets live4 tracked in San Pedro
2
County
Los Angeles County

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12-month value trend

-0.1% over 12 months

Typical home value in San Pedro over the last 12 months: $850K in Sep 2025 to $849K in Sep 2026 (-0.1%).

Sep 2025$850K

Sep 2026$849K

Median Zillow home value index across San Pedro's ZIP codes.

Context

San Pedro's housing market has cooled considerably. The typical home value sits at $848,549, down 0.1% over the past year as of September 2026. There are 121 homes for sale, with a median list price of $818,250. Homes are taking about 53 days to sell on average, and 18.9% of listings have seen price reductions. The market favors buyers right now, so if you're thinking about selling, understand that you'll likely face more competition and negotiation than in a stronger market.

The numbers

What is the housing market like in San Pedro, CA?

Typical home value

$849K

Down0.1%YoY

Median list price

$818K

Days on market

53

Homes for sale

121

Price cuts

18.9%

New listings

52

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect San Pedro's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

San Pedro, CA home prices over time

Typical home values in San Pedro, CA are down 0.1% over the past year, from $850K in September 2025 to $849K in September 2026.

Typical home value in San Pedro, CA, September of each year
MonthTypical value1-yr change
September 2026$848,549-0.1%
September 2025$849,692No prior year

Typical value is the median Zillow Home Value Index across San Pedro ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is San Pedro, CA a buyer's or seller's market?

San Pedro, CA is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 53 days on market and 19% of listings with a price cut in the typical San Pedro ZIP code, and 52 new listings against 121 active listings across San Pedro, as of September 2026 (Realtor.com).

The outlook

San Pedro housing market forecast 2027

+1.5%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 2 San Pedro ZIP codes, points to typical home values rising 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in San Pedro fell 0.1%, per the Zillow Home Value Index.

Will home prices drop in San Pedro?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for San Pedro shows typical home values rising 1.5% by September 2027, after a 0.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 2 San Pedro ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in San Pedro?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 4 San Pedro ZIP codes in total; the remaining 2 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about San Pedro, CA home prices.

What is a typical home worth in San Pedro?

As of September 2026, the typical home value in San Pedro is $848,549, down 0.1% over the past year.

How long do homes typically stay on the market in San Pedro?

The median time on market is 53 days as of September 2026. About 18.9% of listings have had price cuts, suggesting some sellers are adjusting expectations.

How many homes are currently for sale in San Pedro?

There are 121 homes for sale as of September 2026, with a median list price of $818,250.

Are home prices going up or down in San Pedro, CA?

Typical home values in San Pedro, CA are down 0.1% over the past year, based on the Zillow Home Value Index as of September 2026.

Is San Pedro, CA a buyer's or seller's market?

San Pedro, CA is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 53 days on market and 19% of listings with a price cut in the typical San Pedro ZIP code, and 52 new listings against 121 active listings across San Pedro, as of September 2026 (Realtor.com).

Nearby markets

More California housing markets.

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