190 homes in Torrance
Homes for Sale in Torrance, CA
About Torrance, CA Real Estate
Torrance is a city in the Los Angeles metropolitan area in southwestern Los Angeles County, California, United States, founded in 1912, neighboring Redondo Beach, Rolling Hills Estates, Palos Verdes Estates, Lomita, Gardena, Lawndale, and Alondra Park, as well as the Los Angeles neighborhoods of Harbor City and Harbor Gateway. The city is part of what is known as the South Bay region.
Torrance is a diverse South Bay city known for Del Amo Fashion Center and safe neighborhoods. Features beach access, Japanese-American culture, and excellent schools.
Today, Torrance has 190 homes for sale at a median price of $935,000, typically selling in about 50 days. Families here choose from 29 schools rated 8 or higher on the Topfind School Score.
Torrance Market Analysis
Buyers in Torrance are looking at a median list price of $935,000. Per square foot, the median stands at $655. Since February, the median price has moved up about 13.4% to $1.1M as of July.
It takes about 12 days for the typical home here to go under contract. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Torrance has 190 active listings on the market right now. 75 new listings came on the market in the last 30 days.
Pricing spreads from a $460,000 median for one bedroom homes to $2M for six bedroom homes. Most of what is for sale here is single family homes, about 48.9% of the mix, with condos accounting for another 27.4%. Schools rate well here, with 29 campuses at a Topfind School Score of 8 or better, topped by Anza Elementary and Bert M. Lynn Middle. Torrance covers the 90501, 90502, 90505, 90503, and 90504 ZIP codes.
Top Rated Schools in Torrance
Powered by the Topfind School Score
- 10Anza Elementaryelementary
- 10Bert M. Lynn Middleintermediate/middle/junior high
- 10Calle Mayor Middleintermediate/middle/junior high
- 10Edward J. Richardson Middleintermediate/middle/junior high
- 10Lincoln Elementaryelementary
- 10Riviera Elementaryelementary
Why Live in Torrance?
- Del Amo Fashion Center
- Excellent schools
- Beach access
- Japanese-American culture
Popular Neighborhoods in Torrance
Torrance Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.4 months of supply, yet 36% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$935K
↑ 4% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.4 months of supply
Tight Supply190 active listings against the current sales pace works out to about 2.4 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~50 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 31% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 53% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Torrance
Homeownership is near the state average, with a balanced mix of owners and renters.
55%
Homeowners
45%
Renters
Homeownership is 0.5 points lower than the California average (55.5%)
55,317 households (2023)
Affordability Snapshot
Typical home cost
$6,306/mo
Actual housing expense
Affordable budget (28%)
$2,639/mo
Based on median income
Median household income
$9,425/mo
Torrance
A typical home costs about 67% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$270K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $266K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$395K)
Price Reductions
69 listings have reduced their price
36% of active listings
Average reduction: 6.6% (~$62K)
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Frequently Asked Questions about Homes for Sale in Torrance, CA
How many homes are for sale in Torrance, CA?
There are currently 190 homes for sale in Torrance, ranging from $349,990 to $2,995,000. 19 of them hit the market within the last week.
What is the median home price in Torrance?
The median list price in Torrance is $935,000. Price per square foot averages $693. Prices are up 4.1% compared to a year ago.
How fast do homes sell in Torrance?
Homes in Torrance currently average 50 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Is Torrance a buyer's or seller's market right now?
Current conditions point to a balanced market. 69 active listings have reduced their asking price, which signals where sellers are willing to negotiate.
How are the schools in Torrance?
Torrance has 29 schools rated 8 or higher on the Topfind School Score, which grades every California school on academics, growth, and environment.
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