Zip 90501 (Torrance, CA) Housing

Housing in 90501 Torrance, CA is currently valued at an average of $880,000. This is significantly higher than the US house median value of $338,100. In addition to this, houses in 90501 Torrance have seen a 1 year appreciation rate of 11.37%, which is much higher than the US 1 year House Appreciation (8.27%). With a combination of high prices and strong appreciation rates, buying a home in 90501 Torrance could be a smart investment for those looking for a long-term real estate purchase.

The median home cost in Torrance (zip 90501) is $880,000. Home appreciation the last 10 years has been 97.1%. Home Appreciation in Torrance (zip 90501) is up 15.4%.

Average Age of Homes

- The median age of Torrance (zip 90501) real estate is 54 years old

The Rental Market in Torrance (zip 90501)

- Renters make up 51.1% of the Torrance (zip 90501) population
- 1.3% of houses and apartments in Torrance (zip 90501), 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	Torrance, California	United States
	15,704.0	139,647,020.0
	59	42
	$880,000	$338,100
	15.4%	16.6%
	41.8%	57.0%
	97.1%	101.1%
	$7.18	$10.98
	$5,205	$2,690
	43.3%	57.4%
	8.2%	11.2%
	48.5%	31.4%
Vacant Housing
	1.3%	1.9%
	0.3%	0.4%
	0.5%	0.7%
	0.5%	0.4%
	4.0%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	1.4%	2.4%
	0.5%	2.8%
	0.2%	3.9%
	0.3%	4.5%
	1.5%	11.3%
	0.0%	13.0%
	0.8%	20.1%
	2.3%	13.6%
	6.6%	8.3%
	39.8%	9.7%
	36.6%	3.9%
	7.4%	2.2%
	1.4%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	5.9%	13.6%
	7.5%	13.2%
	9.9%	14.8%
	5.9%	13.6%
	27.5%	10.0%
	7.9%	4.7%
	11.2%	12.2%

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