The Torrance housing market is very competitive. Homes in Torrance receive 5 offers on average and sell in around 27 days. The median sale price of a home in Torrance was $1.1M last month, up 14.7% since last year. The median sale price per square foot in Torrance is $667, up 6.2% since last year.
What is the housing market like in Torrance today?
In February 2024, Torrance home prices were up 14.7% compared to last year, selling for a median price of $1.1M. On average, homes in Torrance sell after 27 days on the market compared to 42 days last year. There were 63 homes sold in February this year, up from 42 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,150,000
+14.7% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Torrance, CA
$1,150,000
+14.7%
United States
To compare other locations to the Torrance and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Torrance add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Torrance housing market?
Torrance is very competitive. Homes sell in 26 days.
0
100
80
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 26 days.
Hot homes
can sell for about 5% above list price and go pending in around 12 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Torrance
Explore recent offers and recently sold homes in Torrance
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Hermosa View Elementary School
Public • K-3
563
Students
6 reviews
10/10
Walteria Elementary School
Public • K-5
679
Students
8 reviews
9/10
Anza Elementary School
Public • K-5
646
Students
22 reviews
9/10
Madison Elementary School
Public • K-5
488
Students
12 reviews
9/10
Meadows Avenue Elementary School
Public • K-5
428
Students
5 reviews
Only showing 5 of
38 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Torrance housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Torrance.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Torrance has a minor risk of flooding. 428 properties in Torrance are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Torrance. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Torrance has a moderate risk of wildfire. There are 181 properties in Torrance that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Torrance.