57 homes in 90501
Torrance, CA

About Torrance: The 90501 ZIP code is in Torrance, CA. 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.
Today, the 90501 area has 57 homes for sale with a median listing price of $909K. The average price per square foot is $673.
Topfind Market Read
The picture is mixed here. Sales volume is up 55% versus six months ago, yet sale prices have eased 6% over the last six months and are 9% below a year ago, and 26% 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
$909K
↓ 9% 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
4.1 months of supply
Balanced Supply57 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~40 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 22% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 90501 Area
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)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $212K in value on average.
Largest increase: 1 → 2 bedrooms (+$270K)
Price Reductions
15 listings have reduced their price
26% of active listings
Average reduction: 4.9% (~$45K)
Buyers in the 90501 ZIP code are looking at a median list price of $909,000. That is about 2.2% below the Torrance median. Since February, the median price has moved up about 12.0% to $1.1M as of July. The 90501 ZIP code has 57 active listings on the market right now.
Browse homes for sale in cities near Torrance
There are currently 57 homes for sale in 90501, ranging from $449,000 to $1,950,000. 8 of them hit the market within the last week.
The median list price in 90501 is $909,000. Price per square foot averages $673. Prices are down 9.3% compared to a year ago.
Homes in 90501 currently average 40 days on the market, a steady pace.
Looking for a home in 90501?
Connect with a local specialist