182 homes in Torrance
Homes for Sale in Torrance, OH
About Torrance, OH Real Estate
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 180 homes for sale at a median price of $925,000, typically selling in about 51 days. Families here choose from 29 schools rated 8 or higher on the Topfind School Score.
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
Median Home Price
$1.60M
↑ 37.9% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
0.2 months of supply
Seller's MarketWith only 182 active listings, supply is tight.
What this means for buyers
Homes are selling quickly—inventory is tight, competition is strong, and buyers have limited room to negotiate. Listings typically sell in ~51 days.
Sales Velocity
How fast homes are selling
Homes are taking longer to sell—buyers have more time to negotiate and explore options.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Torrance
Homeownership is near the state average—a balanced mix of owners and renters.
55%
Homeowners
45%
Renters
Homeownership is 0.5% lower than the California average (55.5%)
55,317 households (2023)
Affordability Snapshot
Typical home cost
$6,241/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 66% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$267K/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 $276K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$378K)
Price Reductions
72 listings have reduced their price
40% of active listings
Average reduction: 5.9% (~$55K)
Have questions about Torrance?
Connect with a local specialist
Explore Nearby Cities
Browse homes for sale in cities near torrance