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Redondo Beach, CA—90277

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,575,000
0.9% YoY Growth
Household Income
$132,000
29.0% YoY Growth
Days on Market
60
1.0% Shorter YoY
Home Price Forecast
0.4%
Median Rent
$3,800
6.7% YoY Growth
1-Bed Rent
$2,900
1.7% YoY Growth
2-Bed Rent
$3,800
10.0% YoY Growth
3-Bed Rent
$5,800
5.4% YoY Growth

Other Zip Codes in Redondo Beach, CA

90278
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Redondo Beach, CA

As of Dec '25, the median home price in Redondo Beach, CA is $1,575,000, with a year-over-year change of -0.9%. This indicates that home prices in Redondo Beach, CA are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$1,575,000-0.9%
Single Family $1,798,000-2.5%
Condos $1,127,000-0.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $746,000
    0.5%
    2 Bed
    		$1,152,000-0.4%
    3 Bed
    		$1,629,000-2.0%
    4 Bed
    		$2,056,000-2.0%
    5 Bed $2,704,412-1.8%
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    % of Housing Stock

    Studio
    3.4%
    1 Bedroom
    24.0%
    2 Bedrooms
    31.0%
    3 Bedrooms
    24.1%
    4 Bedrooms
    14.4%
    5+ Bedrooms
    3.2%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    6.1%
    1 Bedroom
    38.4%
    2 Bedrooms
    37.3%
    3 Bedrooms
    11.4%
    4 Bedrooms
    4.1%
    5+ Bedrooms
    2.6%

    Property Listings — Redondo Beach, CA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Redondo Beach, CA is 57. This is a increase of 9.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,640,0006.0%
    Listing Count
    		7326.0%
    Listings as % of Homes0.2%26.0%
    Days on Market
    		60-1.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		35,4002.6%
    % Under 18
    		18.0%-3.2%
    % Seniors
    		18.6%8.8%
    % WFH
    		25.3%99.2%
    % w/ College Degree
    		69.8%14.4%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio11.4
    Median Home Price$1,575,000
    Median Household Income$132,000

    Redondo Beach, CA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Torrance, CA

    90503

    Hermosa Beach, CA

    90254

    Torrance, CA

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    Redondo Beach, CA

    90278

    Rolling Hills Estates, CA

    90274

    Frequently Asked Questions