Home / Select Cities  /  2024 Comparing Torrance, CA vs. Raleigh, NC

2024 Compare Cities Housing:
Torrance, CA vs Raleigh, NC

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Highlights
- The median age of a home in Torrance is 53.4% older than the median age of a home in Raleigh.

Housing
 Torrance, CARaleigh, NCUnited States
 Median Home Age582742
 Median Home Cost$1,038,700$427,000$338,100
 Home Appr. Last 12 months15.4%23.6%16.6%
 Home Appr. Last 5 yrs.42.2%70.7%57.0%
 Home Appr. Last 10 yrs.98.5%122.8%101.1%
 Property Tax Rate$6.8$8.9$11.0
 Homes Owned51.5%46.7%57.4%
 Housing Vacant6.7%9.4%11.2%
 Homes Rented41.8%43.8%31.4%
 space
 Avg Rent For Home Or Apartment
 Torrance, CARaleigh, NCUnited States
 Average Rent$3,210$1,750$1,840
 Studio Apartment$1,730$1,240$1,080
 1 Bedroom Home or Apartment$1,970$1,280$1,180
 2 Bedroom Home or Apartment$2,510$1,450$1,430
 3 Bedroom Home or Apartment$3,260$1,780$1,860
 4 Bedroom Home or Apartment$3,580$2,350$2,160
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 Vacant Housing
 Torrance, CARaleigh, NCUnited States
 Vacant For Rent1.4%3.3%1.9%
 Vacant Rented0.5%2.2%0.4%
 Vacant For Sale0.3%0.5%0.7%
 Vacant Sold0.7%0.6%0.4%
 Vacant Vacation2.2%0.5%3.6%
 Vacant Other1.6%2.3%4.1%
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 Owner-Occupied Housing Value
 Torrance, CARaleigh, NCUnited States
 Less Than $20,0000.6%1.4%2.6%
 $20,000 to $39,9990.5%0.5%2.4%
 $40,000 to $59,9990.3%0.6%2.8%
 $60,000 to $79,9990.6%0.5%3.9%
 $80,000 to $99,9990.1%0.8%4.5%
 $100,000 to $149,9990.5%6.6%11.3%
 $150,000 to $199,9990.3%15.0%13.0%
 $200,000 to $299,9990.7%28.3%20.1%
 $300,000 to $399,9991.3%18.3%13.6%
 $400,000 to $499,9994.3%11.0%8.3%
 $500,000 to $749,99926.2%10.2%9.7%
 $750,000 to $999,99939.8%4.0%3.9%
 $1,000,000 to $1,499,99918.8%1.9%2.2%
 $1,500,000 to $1,999,9993.5%0.5%0.8%
 $2,000,000 and over2.4%0.3%1.1%
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 Housing Units By Year Built
 Torrance, CARaleigh, NCUnited States
 2015 and Newer0.0%0.3%0.2%
 2010 to 20144.1%23.4%13.6%
 2000 to 20094.1%23.4%13.6%
 1990 to 19994.1%18.5%13.6%
 1980 to 19898.9%16.8%13.2%
 1970 to 197912.6%9.9%14.8%
 1960 to 19694.1%18.5%13.6%
 1950 to 195935.0%4.2%10.0%
 1940 to 19494.7%1.6%4.7%
 1939 or Earlier3.3%3.1%12.2%

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Reviews for Torrance    15 Reviews

I'll admit it, I'm biased. So, I can't say what's a lot or a little without outside sources for the most part. I was born and raised in Torrance. I've lived here for 20+  More

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I have lived in Torrance for 19 years. I was fortunate enough to move here before housing prices skyrocketed in the early 2000's. I live in the middle of Torrance and as  More

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Over 9 years ago

Due to global warming, the climate has gotten warmer longer.  More

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Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 1 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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ZIPS IN TORRANCE, CALIFORNIA
90503 90501 90505 90504
ZIPS IN RALEIGH, NORTH CAROLINA
27610, 27603, 27616, 27604, 27606, 27613, 27615, 27612, 27614, 27609, 15 total

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