Pomona’s housing market is gaining momentum as one of the more dynamic and evolving segments in Southern California’s real estate. Nestled between Los Angeles and the Inland Empire, Pomona blends urban accessibility with suburban affordability, making it a growing choice for homebuyers, investors, and families priced out of neighboring cities. With its central location, expanding infrastructure, and shifting demographics, Pomona stands at the intersection of rising demand and limited housing supply.
This article explores the current state and future direction of Pomona’s housing market by analyzing key trends, recent pricing data, and the economic and demographic factors shaping local demand. Whether you are considering buying a home, selling property, or expanding your investment portfolio, you will find actionable insights on market dynamics, affordability challenges, and expert-backed forecasts to help guide your next move.
What Is the Current State of the Pomona Housing Market?
The state of the Pomona housing market in 2025 is very competitive with over 99% sale-to-list ratio. Homes typically sell within 25 to 50 days, and listings go pending in as little as 24 days, depending on demand and property condition. Hot properties often those priced aggressively or recently renovated tend to move much faster than average (average time: 22 days).
The Pomona housing market has seen a steady to moderate growth in home value with median sales prices ranging from $655K to $681K and per square foot spanning from $461 to $492. This data suggests that the buyers are still willing to pay premiums for location and condition, despite extended market times and rising interest rates.
To understand the market’s stability or volatility, you need to look at short-term fluctuations and long-term price appreciation. Determining the direction of the market provides insights of historical pricing, recent sales, and forward-looking forecasts which we will explore in the following sections.
Market Overview (2023–2024)
The Pomona housing market in 2023–2024 shows mixed signals of continued growth, tight inventory, and price variability. Data indicates moderate year-over-year (YoY) appreciation, reinforcing Pomona’s position as a competitive, seller-favored market.
According to Zillow, the average home value in Pomona reached $707,143, reflecting a 4.9% increase year-over-year. Zillow also notes that homes typically go pending in just 24 days, highlighting strong buyer demand. Meanwhile, Realtor.com lists the average home listing at $693,900 with a median sale price of $657,000, and an average sale time of 36 days, a noticeable increase from prior years.
Redfin reports a median sale price of $655,000, which marks a 4.9% decline, but also notes a sharp rise in price per square foot to $492, up 15.5% year-over-year, suggesting strong pricing on smaller or more efficient properties. Redfin also identifies that hot homes go pending in as few as 22 days, while others average 50 days on the market.
Other platforms echo upward momentum:
- Rocket Homes estimates the median sale price at $681,714, up 6.3%, with homes selling in 35 days in 2025—an increase of 38.2% from 2024’s 25-day average.
- PropertyShark lists the median sale price at $675,000, a 7.1% annual increase, and $461 per square foot.
- NeighborhoodScout places the median home value at $681,315, consistent with the broader pricing trend.
Key Metrics
- Median Sale Price: $671,060
- Average Price per Square Foot: $478.5
- Average Home Sales: 673
- Average Days on the Market: 37 days
- Sale-to-List Price Ratio: Above 99%
How Have Pomona Home Prices Changed Over Time?
The average sale price in Pomona from the first quarter (Q1) to the fourth quarter (Q4) increased a total appreciation of 7.57%, up from $627,500 in Q1 to $675,000 in Q4. Looking at the price trends from 2018 to 2024, the Pomona housing market has experienced a 67.1% appreciation in the 1500-2000 square feet home category.
Real estate markets like Pomona’s don’t operate in a vacuum. Property values, inventory, and buyer behavior are influenced by a combination of economic conditions, demographic changes, and regional trends. Job growth, interest rates, population growth, and housing policies impact how prices move.
Over the past 10 years, Pomona’s housing market has seen steady appreciation, pandemic growth, and post-pandemic correction. This has affected long-term homeowners and new entrants and shows how closely home prices are tied to external forces. As the market matures, understanding these variables is key to forecasting the future.
Let’s look at the main factors that are shaping Pomona’s market today, starting with historical trends, recent price changes, and what’s ahead.
Historical Price Trends (2018-2024)
Over the past decade, Pomona has experienced strong cumulative home value growth, driven by rising demand, limited inventory, and economic expansion in Southern California.
| Year | Average Property Value | Average Sold Price (1500 to 2000 sq. feet) | Average Number of Homes Sold | Average Days on Market (DOM) | Average Go Pending Days | Average Number of Homes Added |
| 2024 | $707,143 | $777,713 | 673 | 20 | 75 | 794 |
| 2023 | $827,300 | $742,528 | 504 | 21 | 79 | 645 |
| 2022 | $824,010 | $674,904 | 662 | 14 | 70 | 676 |
| 2021 | $803,425 | $657,908 | 816 | 12 | 67 | 815 |
| 2020 | $646,245 | $571,166 | 728 | 18 | 80 | 759 |
| 2019 | $605,480 | $531,341 | 797 | 30 | 86 | 795 |
| 2018 | $571,058 | $477,458 | 879 | 24 | 79 | 867 |
Between 2018 and 2019, Pomona’s property values climbed steadily from $571,058 in 2018 to over $605,480 in 2019, reflecting a 6% annual growth.
From 2020 to 2022, the market surged due to the COVID-19 housing boom. Low interest rates and high demand drove the average property values from $646,245 in 2020 to $824,010 in 2022. Sold prices saw a drastic increase with peak buyer activity in 2021.
Eventually, the market cooled in 2023 and values were held at $827,300. However, reduced sales volume resulted in sold prices dropping to $742,528.
By 2024, the market stabilized where house values went down to $707,143 and sold prices went up to $777,713. More inventory and steady demand marked a return to pre-pandemic growth patterns.
Based on the above table, here are the key takeaways:
- The highest property value in the Pomona housing market was $827,300 in 2023.
- The highest average sale price for the 1500 to 2000 sq. feet homes was $777,713 in 2024.
- The least average days on the market for property was 12 days in 2021.
- The lowest average go pending days for properties was 67 days in 2021.
- In 2018, the highest average number of houses were added for sale, i.e., 867.
Short-Term Price Fluctuations
Compared to the fourth quarter median sale price of Pomona houses in 2023, the 2024 data shows an increment of $45,000, up by 7.14%. However, the same comparison for average per square foot does not have any substantial change ($460 in 2023 Q4 and $461 in 2024 Q4).
Pomona Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
| 2023 | $605,000 | $602,500 | $625,000 | $630,000 |
| 2024 | $627,500 | $670,000 | $668,500 | $675,000 |
Pomona Median Sale Price Per Square Foot
| Year | Q1 | Q2 | Q3 | Q4 |
| 2023 | $409 | $431 | $436 | $460 |
| 2024 | $458 | $474 | $475 | $461 |
Price Forecasts for 2024–2025
The average price of homes sold in Pomona in 2025 is $671,060. The figure is based on the average data drawn from six sites: Realtor, Zillow, Redefin, Rocket, Property Shark, and Neighborhood Scout.
Industry analysts are looking ahead to a moderate price growth in Pomona. Zillow projects a 4.9% increase in average home values in early 2025. That growth is supported by stable mortgage rates, steady demand, and a relatively tight supply of homes.
Economists point out that affordability is going to be a major factor, especially in those super-competitive Southern California markets. They believe that a drop in mortgage rates could drive up buyer activity, pushing prices higher. But slow wage growth or broader economic uncertainty could dampen that future appreciation.
All in all, there is great anticipation of a steady but cautious growth in Pomona’s housing market, driven by population trends, limited housing availability, and ongoing interest from investors.
What Factors Are Influencing Pomona’s Housing Market?
Rising home prices outpacing local income growth is the primary factor influencing Pomona’s housing market. As affordability declines, many residents and potential buyers struggle to qualify for mortgages, pushing more people toward the rental market and increasing competition for limited housing.
Although Pomona is still more affordable than other parts of LA County, the gap is closing. Price appreciation without wage growth is putting stress on first-time buyers and middle-income households. As a result, market activity is being driven more by higher-income buyers, investor groups, or buyers using assistance programs.
To fully understand what’s shaping these dynamics, we’ll look at affordability indicators, common buyer challenges, and available support programs, starting with the local economy, demographic trends, and external regulatory forces.
Economic Drivers
Pomona’s economy is driven by healthcare, education, and government sectors, which provide steady employment but limited wage growth. Western University of Health Sciences, Pomona Unified School District, Pomona Valley Hospital Medical Center, Cal Poly Pomona, and local medical centers are leading employers. According to City-Data, healthcare and social assistance make up about 12.4% of local employment, while educational services are also significant contributors.
However, income growth has not kept up with home price appreciation. In 2023, the median household income in Pomona was $78,869, a 7.28% increase from the previous year. Meanwhile, the average home value reached $707,143 in early 2025, reflecting a 4.9% year-over-year increase. This widening affordability gap puts more pressure on buyers especially those without a lot of equity or financial support.
Demographic Shifts
Pomona’s population has been trending down slightly. According to Data USA, the city’s population went from 149,831 in 2022 to 148,391 in 2023, a -0.96% change. This trend suggests a small shift in the city’s demographics.
As for housing preferences, single-family detached homes make up 60.7% of Pomona’s housing units. Large apartment complexes or high-rise apartments make up 20.3%, and other townhomes 7.4%. This shows a strong preference for single-family homes. Also, recent trends show single-family homes are in higher demand, up 12.5% over the past year, while condos and townhomes are down 5.6%.
External Influences
Pomona’s housing market is influenced by national mortgage rates and California’s changing housing laws. As of early 2025, the 30-year fixed mortgage rate in the US was 6.65%, up significantly from the pandemic lows (2.66% in December 2020). With higher borrowing costs, many buyers have less purchasing power. As a result, sales are slowing and demand is down, especially in the entry-level segments of the market.
At the same time, California’s housing laws are aimed at solving the state’s affordability crisis. Recent laws like Senate Bill 4 (SB 4) allow religious institutions and colleges to bypass certain zoning rules and build affordable housing on their land. Assembly Bill 434 (AB 434) gives the state more power to enforce housing goals by holding local governments accountable for restrictive zoning and delays. These laws will impact local development in cities like Pomona and will increase housing supply and long-term affordability. The combination of high mortgage rates and state housing laws will shape the pace and direction of the Pomona market in the next few years.
How Affordable Is Pomona’s Housing Market?
Pomona’s housing market is moderately affordable compared to Los Angeles County (1:8.9 household income to house price ratio vs. 1:10.5) but still presents significant financial barriers for first-time and middle-income buyers.
High prices to income, rising rates, and large down payments make affordability the big issue for both buyers and sellers in the market. Likewise, market timing, financing options, and competitive dynamics (bidding wars or all cash offers) can make all the difference in the outcome. Sellers benefit from the high values, buyers face challenges that require planning and financial preparedness.
Whether buying or selling, you should consider the hidden costs, financial metrics, and support programs that affect real-world affordability in Pomona.
Affordability Metrics
With a median household income of $78,869 and an average home value of $707,143, the price-to-income ratio is 1:8.9. It means that the average home costs around nine times the typical household’s annual income.
By comparison, Los Angeles County’s median home price reached $920,000 in February 2025, while the median household income stood at $87,760 in 2023. This yields a county-wide ratio of about 1:10.4.
Although Pomona appears slightly more affordable than the broader county, the gap between home prices and income still exceeds national affordability benchmarks, typically ranging from 1:3 to 1:5. This disparity highlights the financial stretch required to buy a home in Pomona, especially when factoring in rising interest rates and other ownership costs.
Buyer Challenges
One of the biggest challenges for homebuyers in Pomona is the down payment. With median home prices between $675,000 and $681,000, a 20% down payment is $135,000 to $136,200 which is out of reach for many first-time buyers. Even those with steady income often get delayed entering the market because of the time it takes to save for such a large upfront cost.
Adding to the pressure is the competition from investors and cash buyers. Around 23% of recent sales in Pomona were all-cash offers, giving those buyers an advantage by allowing for faster closings and fewer contingencies. In December 2024, homes sold in 47 days on average, leaving traditional buyers with little time to act and making bidding wars more intense.
Programs for First-Time Buyers
To help first-time buyers get a foothold in the market, the City of Pomona offers a First Time Homebuyer Program (FTHB). This program provides deferred loans of up to $100,000 to eligible households that meet its income requirements.
At the state level, the California Housing Finance Agency’s MyHome Assistance Program offers deferred-payment loans of up to 3.5% of the purchase price or appraised value, helping buyers with down payments and closing costs.
FHA and VA loans are popular among first-time buyers because they offer lower down payment requirements and pretty favorable terms. In Pomona, FHA loan limits for 2025 are set at $1,209,750 for single-family homes and $1,548,975 for duplexes, providing buyers with a range of housing options within the city to choose from.
Whether you’re buying or selling, knowing your way around Pomona’s housing market is key. Affordability is just one of the factors you will want to consider. You need to prepare for the potential challenges you might face and look into assistance programs that can help you navigate those challenges effectively.
What Should Buyers and Sellers Know About the Pomona Market?
Buyers and sellers in Pomona should know that while historical data provides important context, it is future projections that ultimately guide smart decision-making. They should study and analyze the market forecasts based on current trends, economic indicators, and expert analysis to know the state of the market.
If you rely solely on past prices or seasonal trends, you will miss investment opportunities and might misalign pricing. Instead, one should be aware of the potential risks like rising interest rates or regulatory changes, and opportunities like infrastructure growth or increased inventory, essential for long-term planning.
We’ll explore long-range forecasts and gather insights from experts to map what lies ahead for Pomona’s housing market, starting with actionable tips for both sides of a real estate transaction.
Tips for Buyers
Navigating Pomona’s competitive housing market requires preparation, speed, and financial readiness. Buyers should focus on building strong offers and securing financing early to improve their chances in bidding wars.
Some of the key strategies include:
- Get mortgage pre-approval before touring homes.
- Use escalation clauses to remain competitive in multiple-offer scenarios.
- Target homes that have been on the market longer than 30 days for possible negotiation leverage.
- Work with local agents who understand Pomona’s neighborhood pricing dynamics.
Tips for Sellers
Sellers in Pomona benefit from high demand, but pricing correctly and presenting well is critical for maximizing offers. Today’s buyers are cautious and informed, so market-savvy preparation makes a difference.
Following are the key strategies that sellers should follow:
- Use recent comps from platforms to set a realistic and appealing list price.
- Stage the home professionally to enhance the online presentation.
- Invest in minor renovations that increase perceived value (e.g., fresh paint, landscaping).
- Leverage social media and video marketing to widen reach and generate buzz.
Hidden Costs and Considerations
Beyond listing or buying price, there are ongoing and one-time expenses that can significantly impact affordability or net proceeds. Pomona’s older housing stock, in particular, presents maintenance and insurance cost considerations.
The crucial hidden costs that you should be aware of are as follows:
- Property Taxes: The average effective property tax rate in Los Angeles County is 0.71% of the assessed home value.
- Home Insurance: The average annual premium in Pomona is around $907, but older homes may face higher rates due to increased fire and structural risk.
- Maintenance Costs: Homes built before 1980 may require major repairs or updates, including roofing, plumbing, and electrical work.
- Escrow Fees: Typically around 1% of the home’s purchase price in California.
- Transfer Taxes: Pomona charges $2.20 per $1,000 of the sale price, totaling $1,540 on a $700,000 home.
What Is the Future Outlook for Pomona’s Housing Market?
Effective property management is what makes or breaks a real estate investment, especially in a market as dynamic as Pomona. Local expertise in tenant relations, maintenance, and compliance safeguards those investment returns. That expertise is especially valuable in Pomona, where Cal Poly Pomona and Western University drive demand for student housing, multi-family units, and income properties in ways that are unique to this area. A good property manager can help landlords navigate those specific needs and optimize their investments as a result.
Long-Term Predictions
Pomona’s population has seen a slight decline, with a decrease from 149,831 in 2022 to 148,391 in 2023, a 0.96% reduction. However, infrastructure projects like the Foothill Gold Line extension are underway, aiming to enhance connectivity and potentially stimulate housing demand. Despite these developments, the market faces risks such as potential oversupply and economic downturns, which could impact property values and rental income.
Expert Opinions
Zillow’s 2024 reported a 4.9% year-over-year increase in Pomona’s average home value, reaching $692,623. Redfin noted that homes in Pomona sold in approximately 47 days, indicating a moderately competitive market. National economic factors, including interest rate fluctuations and employment trends, will continue to influence the local housing market. Staying informed about these trends is essential for property owners and investors to make strategic decisions.
How Can Pomona Property Management Services Enhance Your Real Estate Investment?
With nearly 30 percent of Pomona households renting according to Zillow, the city’s rental market presents strong income potential for property owners. Managing rental properties in Pomona, especially older homes, requires in-depth local knowledge and efficient operations. This is where Pomona property management services can significantly improve your return on investment and reduce stress for landlords.
Skybridge Property Group offers a full range of services including tenant screening, rent collection, routine maintenance, and legal compliance. Our expert knowledge of Pomona’s neighborhood dynamics and property conditions allows us to provide tailored solutions that protect assets and increase profitability. With a focus on data-backed decision-making and community involvement, Skybridge Property Group supports long-term success for real estate investors in the region.
