Redondo Beach, CA—90277
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Redondo Beach, CA
Home Price Trends — Redondo Beach, CA
As of Oct '25, the median home price in Redondo Beach, CA is $1,603,000, with a year-over-year change of -0.6%. This indicates that home prices in Redondo Beach, CA are flat. 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 | $1,603,000 | -0.6% |
| Single Family | $1,824,000 | -2.3% |
| Condos | $1,155,000 | -0.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $759,000 | 0.8% |
2 Bed | $1,176,000 | -0.3% |
3 Bed | $1,657,000 | -1.8% |
4 Bed | $2,086,000 | -1.7% |
| 5 Bed | $2,732,000 | -1.4% |
% of Housing Stock
Rental Trends — Redondo Beach, CA
As of July '25, Rentcast reports the average rent in Redondo Beach, CA is $4,340, with a year-over-year rent change of -6.7%. Per bedroom, the median rent as of July '25 in Redondo Beach, CA is studios: $2,580, 1-bedrooms: $3,020, 2-bedrooms: $3,860, 3-bedrooms: $6,300, 4-bedrooms: $7,490. The most common rental property sizes in Redondo Beach, CA are 1-bedroom and 2-bedroom, accounting for 38.4% and 37.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,800 | $4,340 |
| Studio Rent | $2,600 | $2,580 |
| 1 Bed Rent | $2,900 | $3,020 |
| 2 Bed Rent | $3,800 | $3,860 |
| 3 Bed Rent | $5,800 | $6,300 |
| 4 Bed Rent | $7,250 | $7,490 |
% of Rental Stock
Property Listings — Redondo Beach, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Redondo Beach, CA is 62. This is a increase of 19.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,540,000 | -8.0% |
Listing Count | 101 | 23.0% |
| Listings as % of Homes | 0.2% | 23.0% |
Days on Market | 62 | 19.0% |
Demographics — Redondo Beach, CA
As of the latest ACS Survey released in 2023, Redondo Beach, CA has a population of 35,400, which has increased by 2.6% over the past 5 years. Redondo Beach, CA is a moderately popular place for families, as children make up 18.0% of the population. The area has a highly educated workforce, with 69.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,400 | 2.6% |
% Under 18 | 18.0% | -3.2% |
% Seniors | 18.6% | 8.8% |
% WFH | 25.3% | 99.2% |
% w/ College Degree | 69.8% | 14.4% |
As of the latest ACS Survey released in 2023, Redondo Beach, CA is a predominantly white area, with 62.4% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Redondo Beach, CA is asian, making up 15.0% of the population. Foreign-born residents account for 20.9% of the population in Redondo Beach, CA, and this percentage has increased by 14.2% 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 | 62.4% | -7.1% |
% Black | 2.4% | -7.7% |
% Hispanic | 12.0% | -19.5% |
% Asian | 15.0% | 38.9% |
% Foreign Born | 20.9% | 14.2% |
Mortgage and Risk — Redondo Beach, CA
According to HUD data as of 2023, there were 280 mortgage originations in Redondo Beach, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Redondo 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 | 280 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Redondo Beach, CA
As of 2024, the percent of homes in Redondo Beach, CA under the Section 8 program is 3.9%. 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 Redondo 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 | 342 |
Total Units Section 8 | 342 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 76.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $2,900 | $2,740 |
| 2 Bedroom | -$350 | $3,800 | $3,450 |
| 3 Bedroom | -$1,420 | $5,800 | $4,380 |
| 4 Bedroom | -$2,390 | $7,250 | $4,860 |
Affordability — Redondo Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.7 |
| Median Home Price | $1,603,000 |
| Median Household Income | $132,000 |