The housing in 90504 Torrance, CA is quite expensive compared to the US house median value of $338,100. The housing median value in this area is currently at a staggering $926,600 and there has been an 11.37% increase in the house values over the last year. This is higher than the national average of 8.27%. Homeowners in this area can expect their properties to appreciate rapidly as long as market conditions stay favourable.
The median home cost in Torrance (zip 90504) is $926,600. Home appreciation the last 10 years has been 97.1%. Home Appreciation in Torrance (zip 90504) is up 15.4%.
Average Age of Homes
- The median age of Torrance (zip 90504) real estate is 59 years old
The Rental Market in Torrance (zip 90504)
- Renters make up 36.5% of the Torrance (zip 90504) population
- 0.6% of houses and apartments in Torrance (zip 90504), 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.