Diamond Bar, CA Housing Market Trends

Diamond Bar, CA Housing Market Trends

The Diamond Bar housing market has experienced notable shifts, influenced by home prices, inventory levels, and migration trends. The median home price is currently $893K, reflecting a 4% decrease from last year, while the median price per square foot stands at $561. Despite this dip, homes with three or more bedrooms have seen strong price appreciation, with four-bedroom homes increasing by 13.7% and five-bedroom homes by 13.2% year-over-year. The market remains competitive, with a sale-to-list price ratio of 98.69%, indicating that most homes sell close to the asking price.

Inventory levels remain below historical averages, making it a seller’s market where demand outweighs supply. The median days on the market is 74, suggesting that well-priced homes sell quickly, while higher-end properties take longer to find buyers. Additionally, 21% of homebuyers searched to move out of Diamond Bar, while 79% looked to stay within the metropolitan area, showcasing consistent local demand. With upcoming infrastructure improvements and zoning changes, the future outlook remains positive, with steady growth and strong investment potential in this desirable real estate market.

Home Prices

The Diamond Bar housing market has seen notable fluctuations over the past year, influenced by economic conditions, buyer demand, and limited inventory. While the overall median home price has slightly declined, properties with three or more bedrooms continue to appreciate in value. Buyers and investors should closely monitor these trends to make informed decisions in this competitive housing market.

Median Sale Price

The median home price in Diamond Bar is $893K, a 4% decline from last year. The median listing price per square foot is $561. This decline suggests a slight cooling in market conditions, yet demand remains steady. High interest rates and affordability concerns have impacted some buyers, but well-priced homes continue to attract strong offers.

Price by Bedroom Count

Home prices vary significantly based on property size and bedroom count. While one-bedroom homes have dropped in value, larger homes have seen substantial year-over-year appreciation, making them attractive for families and investors.

BedroomsJan 2024Jan 2025Change YoY
1$375K$338K-9.9%
2$529K$539.5K+2.0%
3$817.5K$885K+8.3%
4$1.0M$1.2M+13.7%
5+$1.4M$1.6M+13.2%

Larger homes, particularly four-bedroom and five-bedroom properties, have experienced double-digit growth, driven by high demand and low inventory.

Market Conditions

The Diamond Bar housing market is currently a seller’s market, with high demand and limited inventory driving up prices. Homes are selling close to the asking price, as reflected in the 98.69% sale-to-list price ratio. With fewer listings available, buyers face strong competition, often leading to multiple offers on well-priced homes. This trend suggests that sellers hold a favorable position, benefiting from quick sales and strong returns.

Inventory and Sales

The Diamond Bar real estate market continues to experience low inventory levels, contributing to a competitive environment for buyers. With fewer homes available, properties are selling faster, often receiving multiple offers. Despite fluctuations in demand, overall sales activity remains strong, particularly for larger homes. The limited housing supply is keeping prices elevated, making it a seller-friendly market.

Average Days on the Market

The Diamond Bar housing market sees homes spending a median of 74 days on the market, indicating steady buyer activity despite fluctuating conditions. While well-priced homes in desirable areas sell quickly, higher-priced properties may take longer to attract buyers. The combination of rising home values and limited inventory keeps the market competitive, influencing how long properties remain listed before selling.

Diamond Bar Migration Trends

Between November 2024 and January 2025, 21% of homebuyers in Diamond Bar searched for homes outside the city, while 79% preferred to stay within the metropolitan area. This trend highlights strong local demand driven by job opportunities, schools, and lifestyle appeal. While some residents are relocating for affordability or career moves, Diamond Bar remains a desirable choice for buyers, keeping the real estate market competitive.

Future Outlook

The Diamond Bar housing market is projected to experience modest growth in the coming years. According to WalletInvestor, home values are expected to increase by approximately 18.985% over the next decade, with a predicted sales price of $885,370 by 2029. Upcoming infrastructure projects, such as the Diamond Bar Boulevard Complete Streets Project and the Maple Hill Park Improvement Project, aim to enhance local amenities and accessibility. These developments, coupled with ongoing zoning adjustments, suggest a trend toward balanced growth, maintaining the area’s appeal while addressing housing demands.

Conclusion

The Diamond Bar housing market remains a high-demand, competitive landscape, making it a strong investment opportunity for buyers and investors. However, managing a rental property comes with challenges. With our Diamond Bar Property Management Services, you can maximize your investment while avoiding the stress of tenant management, maintenance, and compliance—ensuring steady returns in this local real estate market.

Shazad Z. Omar

Broker owner

Shazad Z. Omar is the Broker and Founder of Skybridge Property Group, the premier property management company in Los Angeles. With 13+ years of experience in the real estate industry, Shazad has built a reputation for providing exceptional property management services to both property owners and tenants. His hands-on approach and dedication to his clients have earned him trust and respect across the city. Under his leadership, Skybridge Property Group has consistently been recognized for its commitment to excellence, offering personalized management solutions to a diverse range of clients.