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Torrance, CA—90503

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,244,000
1.1% YoY Growth
Household Income
$120,000
32.8% YoY Growth
Days on Market
46
8.0% Shorter YoY
Home Price Forecast
0.9%
Median Rent
$2,700
15.9% YoY Growth
1-Bed Rent
$2,120
0.0% YoY Growth
2-Bed Rent
$2,800
0.3% YoY Growth
3-Bed Rent
$4,300
5.1% YoY Growth

Other Zip Codes in Torrance, CA

905059050490501
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Torrance, CA

As of Dec '25, the median home price in Torrance, CA is $1,244,000, with a year-over-year change of 1.1%. This indicates that home prices in Torrance, CA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$1,244,0001.1%
Single Family $1,309,0000.9%
Condos $794,000-2.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $503,000
    -3.3%
    2 Bed
    		$769,000-3.3%
    3 Bed
    		$1,220,0001.2%
    4 Bed
    		$1,478,0000.8%
    5 Bed $1,653,6281.3%
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    % of Housing Stock

    Studio
    4.1%
    1 Bedroom
    17.1%
    2 Bedrooms
    27.9%
    3 Bedrooms
    34.3%
    4 Bedrooms
    14.3%
    5+ Bedrooms
    2.3%

    Rental Trends — Torrance, CA

    As of July '25, Rentcast reports the average rent in Torrance, CA is $3,010, with a year-over-year rent change of -15.9%. Per bedroom, the median rent as of July '25 in Torrance, CA is studios: $2,120, 1-bedrooms: $2,250, 2-bedrooms: $3,010, 3-bedrooms: $4,260, 4-bedrooms: $5,470. The most common rental property sizes in Torrance, CA are 2-bedroom and 1-bedroom, accounting for 41.5% and 30.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,700$3,010
    Studio Rent $1,900$2,120
    1 Bed Rent $2,120$2,250
    2 Bed Rent $2,800$3,010
    3 Bed Rent $4,300$4,260
    4 Bed Rent $5,400$5,470
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    % of Rental Stock

    Studio
    8.1%
    1 Bedroom
    30.1%
    2 Bedrooms
    41.5%
    3 Bedrooms
    17.1%
    4 Bedrooms
    2.8%
    5+ Bedrooms
    0.5%

    Property Listings — Torrance, CA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Torrance, CA is 44. This is a increase of 7.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,140,000-5.0%
    Listing Count
    		35-1.0%
    Listings as % of Homes0.2%-1.0%
    Days on Market
    		46-8.0%
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    Demographics — Torrance, CA

    As of the latest ACS Survey released in 2023, Torrance, CA has a population of 43,800, which has decreased by -2.5% over the past 5 years. Torrance, CA is a moderately popular place for families, as children make up 20.0% of the population. The area has a highly educated workforce, with 55.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		43,800-2.5%
    % Under 18
    		20.0%-0.5%
    % Seniors
    		17.2%6.2%
    % WFH
    		23.1%371.4%
    % w/ College Degree
    		55.4%2.4%
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    As of the latest ACS Survey released in 2023, Torrance, CA is a predominantly asian area, with 41.5% of the population identifying as asian. The asian population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Torrance, CA is white, making up 33.2% of the population. Foreign-born residents account for 33.9% of the population in Torrance, CA, and this percentage has decreased by 1.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		33.2%-17.4%
    % Black
    		4.0%81.8%
    % Hispanic
    		15.1%26.9%
    % Asian
    		41.5%2.0%
    % Foreign Born
    		33.9%-1.5%
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    Mortgage and Risk — Torrance, CA

    According to HUD data as of 2023, there were 327 mortgage originations in Torrance, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Torrance, CA. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		327
    % Conventional Loans
    		97.0%
    % Government Loans
    		3.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Torrance, CA

    As of 2024, the percent of homes in Torrance, CA under the Section 8 program is 3.2%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Torrance, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		277
    Total Units Section 8
    		271
    % Rentals under Section 8
    		3.2%
    % Occupied Section 8
    		87.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$340$2,120$2,460
    2 Bedroom$300$2,800$3,100
    3 Bedroom-$360$4,300$3,940
    4 Bedroom-$1,030$5,400$4,370

    Affordability — Torrance, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio9.2
    Median Home Price$1,244,000
    Median Household Income$120,000

    Torrance, CA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Redondo Beach, CA

    90277

    Torrance, CA

    90505

    Torrance, CA

    90504

    Redondo Beach, CA

    90278

    Torrance, CA

    90501

    Frequently Asked Questions