The Olde Torrance housing market is very competitive. The median sale price of a home in Olde Torrance was $960K last month, up 2.7% since last year. The median sale price per square foot in Olde Torrance is $613, up 16.6% since last year.
What is the housing market like in Olde Torrance today?
In March 2024, Olde Torrance home prices were up 2.7% compared to last year, selling for a median price of $960K. On average, homes in Olde Torrance sell after 25 days on the market compared to 52 days last year. There were 17 homes sold in March this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$960,000
+2.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Olde Torrance, CA
$960,000
+2.7%
United States
To compare other locations to the Olde 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 Olde Torrance housing market?
Olde Torrance is very competitive. Homes sell in 29 days.
0
100
72
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 29 days.
Hot homes
can sell for about 6% above list price and go pending in around 8 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Torrance Elementary School
Public • K-5
492
Students
5 reviews
7/10
Fern Elementary School
Public • K-5
585
Students
18 reviews
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 Olde Torrance housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Olde Torrance.
Risk Factor
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Olde Torrance has a minor risk of flooding. properties in Olde Torrance are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Olde Torrance. Flood risk is increasing slower than the national average.
Olde Torrance has minimal risk of severe winds over the next 30 years
Wind Factor
Olde Torrance has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.