Hermosa Beach, CA—90254
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hermosa Beach, CA
As of Oct '25, the median home price in Hermosa Beach, CA is $2,172,000, with a year-over-year change of 1.1%. This indicates that home prices in Hermosa Beach, CA are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,172,000 | 1.1% |
| Single Family | $2,316,000 | 0.4% |
| Condos | $1,576,000 | 2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $886,000 | 5.1% |
2 Bed | $1,513,000 | 1.8% |
3 Bed | $2,125,000 | 1.5% |
4 Bed | $2,946,000 | 1.3% |
| 5 Bed | $4,591,000 | -0.5% |
% of Housing Stock
Rental Trends — Hermosa Beach, CA
As of July '25, Rentcast reports the average rent in Hermosa Beach, CA is $5,250, with a year-over-year rent change of -5.4%. Per bedroom, the median rent as of July '25 in Hermosa Beach, CA is studios: $2,560, 1-bedrooms: $3,450, 2-bedrooms: $5,280, 3-bedrooms: $6,870, 4-bedrooms: $7,750. The most common rental property sizes in Hermosa Beach, CA are 2-bedroom and 1-bedroom, accounting for 36.2% and 35.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,000 | $5,250 |
| Studio Rent | $2,300 | $2,560 |
| 1 Bed Rent | $3,300 | $3,450 |
| 2 Bed Rent | $5,000 | $5,280 |
| 3 Bed Rent | $7,000 | $6,870 |
| 4 Bed Rent | $8,250 | $7,750 |
% of Rental Stock
Property Listings — Hermosa Beach, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hermosa Beach, CA is 87. This is a increase of 26.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,950,000 | 16.0% |
Listing Count | 46 | 1.0% |
| Listings as % of Homes | 0.3% | 1.0% |
Days on Market | 87 | 26.0% |
Demographics — Hermosa Beach, CA
As of the latest ACS Survey released in 2023, Hermosa Beach, CA has a population of 19,200, which has decreased by -2.0% over the past 5 years. Hermosa Beach, CA is a moderately popular place for families, as children make up 20.4% of the population. The area has a highly educated workforce, with 76.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | -2.0% |
% Under 18 | 20.4% | 18.6% |
% Seniors | 14.2% | 21.4% |
% WFH | 31.4% | 170.7% |
% w/ College Degree | 76.5% | 1.9% |
As of the latest ACS Survey released in 2023, Hermosa Beach, CA is a predominantly white area, with 72.8% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Hermosa Beach, CA is hispanic, making up 9.9% of the population. Foreign-born residents account for 12.2% of the population in Hermosa Beach, CA, and this percentage has increased by 19.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.8% | -5.7% |
% Black | 0.6% | -53.8% |
% Hispanic | 9.9% | 1.0% |
% Asian | 7.4% | 19.4% |
% Foreign Born | 12.2% | 19.6% |
Mortgage and Risk — Hermosa Beach, CA
According to HUD data as of 2023, there were 210 mortgage originations in Hermosa Beach, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Hermosa Beach, CA. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 210 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 3.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Hermosa Beach, CA
As of 2024, the percent of homes in Hermosa Beach, CA under the Section 8 program is 0.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hermosa Beach, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$270 | $3,300 | $3,030 |
| 2 Bedroom | -$1,180 | $5,000 | $3,820 |
| 3 Bedroom | -$2,150 | $7,000 | $4,850 |
| 4 Bedroom | -$2,870 | $8,250 | $5,380 |
Affordability — Hermosa Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 14.1 |
| Median Home Price | $2,172,000 |
| Median Household Income | $152,000 |