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Featured local agent — Torrance, CA
Sarah Mitchell
Compass Real Estate · Torrance, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Torrance, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.30Mmedian sale price
How is the Torrance, CA housing market right now?
The median home sale price in Torrance, CA is $1.30M, up 9.7% year-over-year. Homes sell in an average of 28 days with 149 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Torrance a buyer's or seller's market?
Torrance, CA is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
89
Last 12 weeks
Days on market
28
Average pace
Active listings
149
1.7 months supply
Sale-to-list
100.9%
Above asking
What does the Torrance housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.30M |
| Median list price | $1.17M |
| Year-over-year price change | +9.7% |
| Average days on market | 28 days |
| Active inventory | 149 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 100.9% |
| Median price per sq ft | $775/sq ft |
| Homes sold (latest month) | 89 |
| New listings (latest month) | 108 |
| Listings with a price cut | 20.8% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Torrance by property type?
How the Torrance, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.45M | $851/sq ft | 68 | 23 days |
| Condo / Co-op | $640,000 | $623/sq ft | 11 | 52 days |
| Townhouse | $917,500 | $607/sq ft | 8 | 48 days |
Source: Redfin · Updated monthly
The Torrance housing market is currently classified as a strong seller's market with a median sale price of $1.30M. Prices have risen 9.7% compared to last year, with homes spending an average of 28 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 9.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Torrance
There are currently 149 homes listed for sale in Torrance, California. The median listing price is $1.2M.
Active listings
149
Homes on market
Median list price
$1.2M
Avg. days on market
28
Days until sale
New this week
108
Newly listed
Who lives in Torrance?
Population
143,499
Median income
$113,105/yr
Median age
43.1 years
Owner-occupied
54.6%
College grads
53.0%
Avg commute
27.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Torrance?
Zillow home value
$1.12M
Zillow rent index
$2,995/mo
Price-to-rent ratio
31.3x
Price-to-income
9.9x
Source: Zillow Research
What is it like to live in Torrance?
Torrance is a community of approximately 143K residents with a median age of 43.1 years.The median household income is $113,105, which reflects a relatively affluent area with strong earning potential. 53.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 54.6%, showing a blend of owner and renter-occupied properties. The average commute time is 27.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Torrance offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Torrance?
36 schools tracked · 23,326 students
The largest public schools serving Torrance, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Torrance High
Grades 9-12 · 1,980 students
North High
Grades 9-12 · 1,811 students
West High
Grades 9-12 · 1,798 students
South High
Grades 9-12 · 1,786 students
Victor Elementary
Grades K-5 · 961 students
Hickory Elementary
Grades K-5 · 842 students
Madrona Middle
Grades 6-8 · 674 students
Walteria Elementary
Grades K-5 · 658 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Torrance, CA?
Want a head-to-head view? Compare Torrance side-by-side with any other U.S. city using our market-comparison tool.
Is Torrance a good real estate investment market?
For investors evaluating Torrance, the price-to-rent ratio of 31.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 9.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Torrance's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Torrance's median home price.
Frequently asked questions
What is the average home price in Torrance?
The median home sale price in Torrance is $1.30M, up 9.7% from last year.
How long do homes stay on market in Torrance?
Homes typically spend 28 days on market before going under contract.
What is the median income in Torrance?
The median household income is $113,105 per year.
Is Torrance a buyer's or seller's market?
With 1.7 months of supply, Torrance is currently a strong seller's market.
What is the Zillow home value estimate for Torrance?
The Zillow Home Value Index (ZHVI) for Torrance is $1.12M, representing the typical home value in the area.
What is the median condo price in Torrance?
The median condo/co-op sale price in Torrance, CA is $640,000, compared to $1.45M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Torrance?
The median single-family home price in Torrance, CA is $1.45M (about $851 per square foot).
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