Temple City, CA Real Estate for Sale

In May 2025, Temple City’s housing market experienced a notable price adjustment, with the median home price dropping 12.7% year-over-year to $1.4M. Homes are taking longer to sell, averaging 33 days on the market compared to 18 days last year, suggesting buyers are becoming more cautious or selective at current price levels. However, sales volume increased, with 14 homes sold this May versus 10 during the same period last year, indicating that despite the price decline and slower pace, demand remains present, especially for competitively priced properties. This combination points to a market in transition, where buyers are more deliberate, but activity remains steady.

Temple City remains a very competitive market, with homes typically going pending in about 31 days. Many properties attract multiple offers, and some buyers are waiving contingencies to strengthen their chances. On average, homes sell for roughly 4% above list price, highlighting strong buyer demand. Hot homes—particularly those in prime locations or recently renovated—can sell for as much as 11% above asking and go under contract in as little as 17 days, underscoring the urgency for buyers to act quickly in this market.

As of June 2025, Temple City, CA is considered a balanced market, where the supply of homes for sale is roughly equal to buyer demand. This creates a more stable environment compared to highly competitive markets, with homes selling at or near list price and spending a moderate amount of time on the market. Buyers benefit from having more options and less pressure to make rushed decisions, while sellers can still expect fair market value when pricing their homes competitively. This balance allows for more measured negotiations and a healthier pace of transactions overall.