Zip 90505 (Torrance, CA) Housing

The housing market in 90505 Torrance, CA is very strong. The median value of a house in this area is $1,242,200, which is more than three times the US median value of $338,100. Over the past year, the US housing market has experienced an appreciation of 8.27%, while houses in 90505 Torrance, CA have seen an even more impressive 11.37% appreciation rate. This indicates that now is an excellent time to invest or purchase a property in this area.

The median home cost in Torrance (zip 90505) is $1,242,200. Home appreciation the last 10 years has been 97.1%. Home Appreciation in Torrance (zip 90505) is up 15.4%.

Average Age of Homes

- The median age of Torrance (zip 90505) real estate is 53 years old

The Rental Market in Torrance (zip 90505)

- Renters make up 40.8% of the Torrance (zip 90505) population
- 1.7% of houses and apartments in Torrance (zip 90505), 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
	15,241.0	139,647,020.0
	57	42
	$1,242,200	$338,100
	15.4%	16.6%
	41.8%	57.0%
	97.1%	101.1%
	$6.84	$10.98
	$6,262	$2,690
	51.8%	57.4%
	7.0%	11.2%
	41.3%	31.4%
Vacant Housing
	1.7%	1.9%
	0.3%	0.4%
	0.2%	0.7%
	1.0%	0.4%
	2.4%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.0%	2.4%
	0.2%	2.8%
	0.8%	3.9%
	0.1%	4.5%
	0.5%	11.3%
	0.9%	13.0%
	1.8%	20.1%
	2.6%	13.6%
	5.0%	8.3%
	11.7%	9.7%
	38.5%	3.9%
	30.5%	2.2%
	4.1%	0.8%
	2.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.2%	13.6%
	3.2%	13.6%
	3.4%	13.6%
	5.8%	13.2%
	16.0%	14.8%
	3.4%	13.6%
	32.6%	10.0%
	3.1%	4.7%
	0.8%	12.2%

Reviews for Torrance

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JL · Torrance, CA

Great Schools, Values, and Police

Over 3 years ago

I own 2 homes in the South Bay including one in South Torrance. The schools are excellent (as are other beach cities from El Segundo down to Palos Verdes). The weather More

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Jen D. · Torrance, CA

South Torrance

Over 14 years ago

The thing I like best about my area of Torrance is the parks. I have no less than 3 nice ones within a 15 minute walk from my apartment near the intersection of Hawthorn More

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