16 homes in 90504
Torrance, CA

About Torrance: The 90504 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 90504 area has 16 homes for sale with a median listing price of $1.1M. The average price per square foot is $630.
Topfind Market Read
Sellers hold the edge right now. There is only 0.9 months of supply, and sale prices are up 14% over the last six months and 3% over the past year. At the same time, 38% of sellers have trimmed their asking price, and inventory is an even mix of new and older listings, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.10M
↑ 3% 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
0.9 months of supply
Tight Supply16 active listings against the current sales pace works out to about 0.9 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 ~44 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 50% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 44% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 90504 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 $233K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 6 → 7 bedrooms (+$351K)
Price Reductions
6 listings have reduced their price
38% of active listings
Average reduction: 9.1% (~$100K)
The median list price in the 90504 ZIP code is $1.1M. That runs roughly 18.2% higher than Torrance as a whole. Current inventory stands at 16 active listings. Little has changed over the last six months, with the median price at $977,500 in July versus $975,000 in February.
Browse homes for sale in cities near Torrance
There are currently 16 homes for sale in 90504, ranging from $689,000 to $1,650,000. 2 of them hit the market within the last week.
The median list price in 90504 is $1,098,000. Price per square foot averages $630. Prices are up 3.2% compared to a year ago.
Homes in 90504 currently average 44 days on the market, a steady pace.
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