Zip 90277 (Redondo Beach, CA) Housing

The housing market in Redondo Beach, CA (90277) is thriving. The median value of homes in the area is $1,506,300 which is more than four times the US median value of $338,100. This demonstrates a healthy and desirable market for homebuyers. Moreover, the 1-year house appreciation rate in Redondo Beach (12.08%) surpasses the national average (8.27%). This indicates that homes have increased substantially in value over the past year making now a great time to buy real estate in this neighborhood.

The median home cost in Redondo Beach (zip 90277) is $1,506,300. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Redondo Beach (zip 90277) is up 16.0%.

Average Age of Homes

- The median age of Redondo Beach (zip 90277) real estate is 51 years old

The Rental Market in Redondo Beach (zip 90277)

- Renters make up 50.0% of the Redondo Beach (zip 90277) population
- 2.2% of houses and apartments in Redondo Beach (zip 90277), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Redondo Beach, California	United States
	18,181.0	139,647,020.0
	53	42
	$1,506,300	$338,100
	16.0%	16.6%
	47.9%	57.0%
	119.9%	101.1%
	$6.43	$10.98
	$7,352	$2,690
	42.8%	57.4%
	8.8%	11.2%
	48.4%	31.4%
Vacant Housing
	2.2%	1.9%
	1.0%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	2.6%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.0%	2.4%
	0.4%	2.8%
	0.5%	3.9%
	0.0%	4.5%
	0.2%	11.3%
	0.3%	13.0%
	0.6%	20.1%
	1.0%	13.6%
	4.2%	8.3%
	10.4%	9.7%
	18.6%	3.9%
	36.1%	2.2%
	14.2%	0.8%
	13.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	3.5%	13.6%
	3.5%	13.6%
	7.5%	13.6%
	10.2%	13.2%
	22.9%	14.8%
	7.5%	13.6%
	20.4%	10.0%
	5.4%	4.7%
	7.1%	12.2%

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