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Housing in Torrance, California

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HousingTorrance, CAUnited States
Median Home Age46.935.1
Median Home Cost$546,200$153,800
Home Appreciation1.10%1.62%
Homes Owned54.17%57.69%
Housing Vacant4.07%11.38%
Homes Rented41.76%30.93%
Property Tax Rate$7.73$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0000.31%2.72%
$20,000 to $39,9990.69%4.03%
$40,000 to $59,9991.46%5.58%
$60,000 to $79,9990.80%7.09%
$80,000 to $99,9990.24%8.80%
$100,000 to $149,9990.60%21.26%
$150,000 to $199,9991.07%14.87%
$200,000 to $299,9995.05%16.82%
$300,000 to $399,99913.82%7.83%
$400,000 to $499,99918.05%4.04%
$500,000 to $749,99938.25%4.05%
$750,000 to $999,99912.15%1.26%
$1,000,000 or more7.51%1.64%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 20055.02%13.71%
1995 to 19984.36%14.31%
1990 to 19944.36%14.31%
1980 to 19898.21%13.87%
1970 to 197914.65%16.17%
1960 to 196925.13%11.70%
1950 to 195933.02%11.08%
1940 to 19495.99%6.02%
1939 or Earlier3.63%13.15%


The median home value in Torrance, CA, is $546,200. Home appreciation is 1.10% over the last year. The median age of Torrance, CA, real estate is 47 years.

Torrance, CA Apartments and Rentals

Renters make up 41.76% of the Torrance, CA, population. 4.07% of houses and apartments in Torrance, CA, are unoccupied (vacancy rate).


Torrance Housing SperlingViews

Great place to live: Cost of living affordable. Very good neighborhoods. Quiet and... (read more)City Now I live in: A place to... (read more)housing costs: I think the real estate market is going to go flat or down as the salaries are not keeping up with the cost of living as it is, esp. now that gas is so expensive and you... (read more)Have an opinion about Torrance? Leave a commentTo See All SperlingViews for Torrance Click Here