Torrance, West Carson, CA—90502
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Torrance, West Carson, CA
As of Oct '25, the median home price in Torrance, West Carson, CA is $730,000, with a year-over-year change of -3.5%. This indicates that home prices in Torrance, West Carson, CA are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $730,000 | -3.5% |
| Single Family | $811,000 | -3.3% |
| Condos | $512,000 | -4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $387,000 | -4.7% |
2 Bed | $519,000 | -5.1% |
3 Bed | $783,000 | -3.3% |
4 Bed | $891,000 | -2.4% |
| 5 Bed | $967,000 | -2.4% |
% of Housing Stock
Rental Trends — Torrance, West Carson, CA
As of July '25, Rentcast reports the average rent in Torrance, West Carson, CA is $2,730, with a year-over-year rent change of -9.6%. Per bedroom, the median rent as of July '25 in Torrance, West Carson, CA is 1-bedrooms: $2,180, 2-bedrooms: $2,790, 3-bedrooms: $3,350, 4-bedrooms: $4,350. The most common rental property sizes in Torrance, West Carson, CA are 2-bedroom and 3-bedroom, accounting for 45.7% and 23.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,190 | $2,180 |
| 2 Bed Rent | $2,800 | $2,790 |
| 3 Bed Rent | $3,300 | $3,350 |
| 4 Bed Rent | $4,350 | $4,350 |
% of Rental Stock
Property Listings — Torrance, West Carson, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Torrance, West Carson, CA is 40. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $679,000 | 15.0% |
Listing Count | 45 | 43.0% |
| Listings as % of Homes | 0.4% | 43.0% |
Days on Market | 40 | 1.0% |
Demographics — Torrance, West Carson, CA
As of the latest ACS Survey released in 2023, Torrance, West Carson, CA has a population of 18,100, which has remained stable by -0.4% over the past 5 years. Torrance, West Carson, CA is a moderately popular place for families, as children make up 16.4% of the population. The area has a moderately educated workforce, with 36.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,100 | -0.4% |
% Under 18 | 16.4% | -9.4% |
% Seniors | 20.8% | 1.5% |
% WFH | 11.0% | 323.1% |
% w/ College Degree | 36.5% | 5.8% |
As of the latest ACS Survey released in 2023, Torrance, West Carson, CA is a predominantly asian area, with 37.4% of the population identifying as asian. The asian population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Torrance, West Carson, CA is hispanic, making up 36.2% of the population. Foreign-born residents account for 38.0% of the population in Torrance, West Carson, CA, and this percentage has decreased by 10.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 13.7% | -8.1% |
% Black | 7.9% | 12.9% |
% Hispanic | 36.2% | -7.9% |
% Asian | 37.4% | 3.9% |
% Foreign Born | 38.0% | -10.0% |
Mortgage and Risk — Torrance, West Carson, CA
According to HUD data as of 2023, there were 207 mortgage originations in Torrance, West Carson, CA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Torrance, West Carson, CA. Investor activity is low, as 5.0% 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 | 207 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Torrance, West Carson, CA
As of 2024, the percent of homes in Torrance, West Carson, CA under the Section 8 program is 1.2%. 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 Torrance, West Carson, 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 | 84 |
Total Units Section 8 | 78 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $2,190 | $2,060 |
| 2 Bedroom | -$200 | $2,800 | $2,600 |
| 3 Bedroom | $0 | $3,300 | $3,300 |
| 4 Bedroom | -$690 | $4,350 | $3,660 |
Affordability — Torrance, West Carson, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.2 |
| Median Home Price | $730,000 |
| Median Household Income | $98,900 |