Zip 90278 (Redondo Beach, CA) Housing

The housing market in 90278 Redondo Beach, CA is quite expensive with a median value of $1,304,500 which is significantly higher than the US median value of $338,100. Despite the high cost of entry into the Redondo Beach housing market, investors have been rewarded handsomely in recent years as the house appreciation rate has outpaced the national average by 3.81 percentage points - reaching 12.08%. This is great news for those looking to invest in the Redondo Beach housing market and suggests that prices may continue to increase in the coming years.

The median home cost in Redondo Beach (zip 90278) is $1,304,500. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Redondo Beach (zip 90278) is up 16.0%.

Average Age of Homes

- The median age of Redondo Beach (zip 90278) real estate is 44 years old

The Rental Market in Redondo Beach (zip 90278)

- Renters make up 40.6% of the Redondo Beach (zip 90278) population
- 1.9% of houses and apartments in Redondo Beach (zip 90278), 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
	16,799.0	139,647,020.0
	47	42
	$1,304,500	$338,100
	16.0%	16.6%
	47.9%	57.0%
	119.9%	101.1%
	$7.70	$10.98
	$7,640	$2,690
	55.4%	57.4%
	5.4%	11.2%
	39.2%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.9%	0.4%
	1.6%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.0%	2.4%
	0.7%	2.8%
	0.2%	3.9%
	0.5%	4.5%
	2.4%	11.3%
	0.0%	13.0%
	0.3%	20.1%
	0.8%	13.6%
	1.1%	8.3%
	16.5%	9.7%
	28.1%	3.9%
	41.8%	2.2%
	5.2%	0.8%
	2.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.4%	13.6%
	9.4%	13.6%
	8.9%	13.6%
	18.9%	13.2%
	14.7%	14.8%
	8.9%	13.6%
	23.0%	10.0%
	5.4%	4.7%
	1.1%	12.2%