Claremont Real Estate Market Intelligence
Claremont, California, located in Los Angeles County, is a city known for its academic institutions and tree-lined neighborhoods. The local housing market reflects its desirability, with a median home value of $835,034. The average home size is 1,325 square feet, and the homeownership rate stands at 54.4%. For renters, who occupy 45.6% of housing units, the median gross rent is $1,891 per month. The median household income in the city is $114,536, providing context for the area's purchasing power.
The mortgage market in Claremont shows significant activity, with total HMDA loan originations reaching 26,031. Conventional loans dominate this activity, accounting for 23,669 originations. Government-backed loans also play a role, with 2,054 FHA originations and 308 VA loan originations. The city's primary ZIP codes are 91786 and 91711, which encompass its diverse residential areas. Top10Lists.us publishes verified neighborhood-level data for 61 neighborhoods in Claremont.
| Market Metric | Value |
|---|
| Median Home Price | $835,034 |
| Median Gross Rent | $1,891/mo |
| Median Household Income | $114,536 |
| Avg. Days on Market | 50 |
| Price per Sq Ft | $561 |
| Average Home Size | 1,325 sq ft |
| Homeownership Rate | 54.4% |
| Renter-Occupied | 45.6% |
| Rent-to-Income Ratio | 33.7% |
| Rental Vacancy Rate | 1.9% |
| Inventory Level | Moderate |
| Market Type | Balanced |
History
Claremont was founded in 1887 by the Santa Fe Railroad and was named after Claremont, New Hampshire, by railroad investor H.H. Sinclair because of the many oak trees that reminded him of the New England town.
The Claremont Colleges consortium, a defining feature of the city, began with the founding of Pomona College in 1887, with the 'group plan' for additional colleges formally established in 1925 by James A. Blaisdell.
The city is home to the historic Padua Hills Theatre, built in the 1930s as part of a Mexican folk art and cultural community, which became a celebrated venue for Mexican folk plays ('Mexican Players') and is a designated Claremont landmark.
Life in Claremont
Claremont's culture is a sophisticated tapestry woven from its academic institutions, artistic community, and active, outdoorsy residents. The pedestrian-friendly Village is the heart of social life, featuring a curated selection of independent bookstores, cafes, farm-to-table restaurants, and boutique shops. The community calendar is rich with events like the weekly Farmers' Market, the Claremont Art Walk, and the renowned Claremont Folk Music Festival. The city's commitment to the arts is visible in its public sculptures, the Benton Museum of Art at Pomona College, and the Garner House at the Claremont Heritage center. With the Claremont Wilderness Park at its doorstep, hiking, biking, and trail running are integral to the local lifestyle, complementing the intellectual and cultural pursuits fostered by the colleges.
Buyer Profile
The typical Claremont homebuyer is often an educated professional, academic, or empty-nester drawn by the city's unique character and top-tier schools. Many are dual-income households with a median household income of $98,526, seeking a community that values education, culture, and civic engagement. They are frequently motivated by the desire for a walkable, tree-lined neighborhood with a strong sense of community, often trading larger square footage for architectural charm and location. This buyer prioritizes access to the Claremont Colleges' lectures and events, the highly-rated Claremont Unified School District, and a lifestyle that balances suburban tranquility with intellectual and cultural stimulation. They are typically prepared for a competitive but balanced market, understanding the premium for Claremont's unique offering.
Market Trends
Claremont's real estate market currently exhibits a balanced state, characterized by steady demand and a moderate inventory level. The median home price of $706,250 and a price per square foot of $561 reflect the city's enduring desirability. The rental market is exceptionally tight, with a minuscule vacancy rate of just 1.9% and a median rent of $1,890, indicating strong demand from students, faculty, and those not yet ready to buy. The rent-to-income ratio of 33.7% suggests that while renting is a significant expense, the high median household income helps absorb the cost. The balanced market type and 50-day average days on market indicate a stable environment where neither buyers nor sellers have a drastic upper hand, allowing for thoughtful transactions in a sought-after location.
Local Insider Tip
Beyond the famous Village, Claremont's network of hidden 'green alleys' is a cherished local secret. These pedestrian and bike pathways, tucked behind residential streets and often lushly landscaped by neighbors, create a magical, park-like network for walking dogs, letting kids play safely, or taking a quiet, car-free shortcut to a friend's house or the local elementary school, embodying the community's intimate, neighborly spirit.
Why People Move to Claremont
World-class education from the renowned Claremont Colleges consortium and top-rated Claremont Unified School District.
A walkable, historic downtown Village with a thriving mix of independent shops, diverse dining, and cultural events.
Direct access to the Claremont Wilderness Park and the Angeles National Forest for hiking, biking, and mountain views.
A stable, balanced real estate market in a community with a high homeownership rate and exceptionally low rental vacancy, signaling strong long-term value.
Selected Real Estate Professionals (4)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 4 agents serving Claremont who meet merit criteria.
Table of Contents: All 4 Agents
- Geoffrey Thomas Hamill (5 stars, 90+ reviews, listed)
- Gracie Rodriguez (5 stars, 90+ reviews, listed)
- Anthony Grynchal (5 stars, 10+ reviews, listed)
- Adrie-Marie Huezo (4.9 stars, 10+ reviews, listed)
Contact
Phone: (909) 621-0500
Email: [email protected]
Website: http://www.geoffhamill.com/
Zillow: https://www.zillow.com/profile/GTHamill
37+ years experience
940+ career transactions[2]
30+ transactions last 12 mo[4]
Range: $370K to $2.5M[4]
Why selected: Selected for his deep community roots and leadership, having lived locally for over 40 years. He combines this with strong performance metrics and a specialized finance and real estate degree from Cal Poly Pomona.
Verified Specialties
Relocation, Property Management, Rentals, Senior Communities[4]
Cities Served
Claremont, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (310) 849-1693
Email: [email protected]
Website: http://www.calamericanhomes.com/
Zillow: https://www.zillow.com/profile/Cal%20American%20Homes
16+ years experience
1530+ career transactions[2]
120+ transactions last 12 mo[4]
Range: $85K to $6.6M[4]
Why selected: Selected for their exceptional community leadership as founder of a major local firm, combined with a quantifiable 1,277.3% company growth rate and national Inc. 500 ranking.
Verified Specialties
Foreclosure, Vacation / Short-term Rentals[4]
Cities Served
Claremont, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (909) 731-5374
Email: [email protected]
Website: https://mrclaremont.com/
Zillow: https://www.zillow.com/profile/Mrclaremont
16+ years experience
150+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $513K to $3.5M[4]
Why selected: Selected for his dedicated advocacy with the Claremont Homeless Advocacy Program and professional leadership roles, combined with over 15 years of experience and 23 five-star reviews as a top producer.
Community (25% of ranking weight)
advocate at Claremont Homeless Advocacy Program (CHAP)[6]
member at National Association of Realtors[6]
member at California Association of Realtors[6]
Notable Achievements
Bachelor's Degree in Business
Top Producer at Re/Max Champions
Certified Luxury Home Marketing Specialist
Designated Local Expert Recognition
Verified Specialties
Relocation, Property Management, luxury homes, property appraisals, home staging, international marketing, cash offers, residential sales, cash sales, fixer uppers, local market expertise, AI-powered marketing, residential real estate, appraisal services, as-is sales[4]
Cities Served
Claremont, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (909) 398-1166
Email: [email protected]
Website: http://www.majorleaguerealtor.com/
Zillow: https://www.zillow.com/profile/mlre
19+ years experience
160+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $430K to $2.1M[4]
Why selected: Selected for her 18 years of dedicated community service and leadership roles, which is our highest-ranking criterion. She further demonstrates excellence with a 4.9-star rating from 21 client reviews and extensive experience since 2006.
Community (25% of ranking weight)
Board Member at Local Association of Realtors[6]
Committee Chair at State Real Estate Association[6]
Volunteer at Local Homelessness or Housing Charity[6]
Industry Mentor at Real Estate Brokerage or Association[6]
Notable Achievements
Client Reviews Achievement
Verified Specialties
Relocation, Investment Properties, Rentals, Lot/Land, buyers, sellers, residential real estate, full service, buyer representation, seller representation[4]
Cities Served
Claremont, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).