What is the median home value in Torrance, CA?

The median value of owner-occupied homes in Torrance, CA is $1,074,700 (±$14,769), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Torrance, the median home value went from $762,700 in 2015–2019 to $1,074,700 in 2020–2024 (+40.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$1,074,700 (±$14,769)
Owner-occupied homes
30,182 (±1,077)
Most common range
$1,000,000 or more

Home values in Torrance

Owner-occupied homes by value, 2020–2024
ValueTorranceLos Angeles CountyCaliforniaUnited States
Less than $50,0001.2% (±0.4 points)1.9%2.5%5.3%
$50,000 to $99,9991.1% (±0.5 points)1.5%1.7%6.1%
$100,000 to $149,9991.2% (±0.5 points)1.0%1.3%6.8%
$150,000 to $199,9990.3% (±0.2 points)0.6%1.4%9.0%
$200,000 to $299,9990.6% (±0.3 points)1.4%4.3%17.8%
$300,000 to $499,9992.1% (±0.6 points)9.2%17.1%26.9%
$500,000 to $999,99934.8% (±2.2 points)51.4%42.1%20.9%
$1,000,000 or more58.7% (±2.0 points)33.0%29.6%7.1%

The most common range is $1,000,000 or more, 58.7% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Torrance against Los Angeles County, its state and the nation

Estimate (90% margin of error)
TorranceLos Angeles CountyCaliforniaUnited States
Median home value$1,074,700 (±$14,769)$834,200 (±$2,194)$734,700 (±$1,307)$332,700
Owner-occupied homes30,182 (±1,077)1,567,983 (±9,447)7,567,568 (±37,334)84,210,142

In Torrance, the median home value is higher than in Los Angeles County ($834,200).

It is also higher than in California ($734,700).

It is higher than the national figure ($332,700).

In Los Angeles County, Torrance ranks 35 of 139 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 203 of 1,059.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Torrance have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$762,700 (±$11,094)$1,074,700 (±$14,769)+40.9%Up after inflation
Median owner cost with a mortgage$2,871 (±$56)$3,656 (±$80)+27.3%Up after inflation
Median real estate taxes$5,099 (±$176)$6,782 (±$186)+33.0%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Torrance

Nearest places with a published estimate, compared with Torrance
PlaceDistanceMedian home valueCompared with this place
Torrance—$1,074,700 (±$14,769)—
Redondo Beach2.9 mi$1,279,200 (±$56,695)Higher
Lomita3.4 mi$831,500 (±$32,879)Lower
West Carson3.6 mi$689,700 (±$48,692)Lower
Hermosa Beach3.9 mi$2,000,000 or more—
Rolling Hills Estates4.0 mi$1,692,600 (±$142,983)Higher
Lawndale4.0 mi$781,900 (±$43,290)Lower
Alondra Park4.3 mi$835,100 (±$33,495)Lower
Rolling Hills4.9 mi$2,000,000 or more—

Nearby places with a measurably lower figure: Lomita, CA ($831,500), West Carson, CA ($689,700), Lawndale, CA ($781,900).

Nearby places with a measurably higher figure: Redondo Beach, CA ($1,279,200), Rolling Hills Estates, CA ($1,692,600).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Los Angeles County, place by place

RankPlaceMedian home value
29Altadena$1,120,000 (±$29,753)
30Glendale$1,102,300 (±$30,737)
31Agoura Hills$1,098,000 (±$50,640)
32Pasadena$1,093,300 (±$24,508)
33Burbank$1,089,100 (±$21,781)
34Stevenson Ranch$1,085,500 (±$39,628)
35Torrance$1,074,700 (±$14,769)
36East Pasadena$1,069,200 (±$129,081)
37Walnut$1,014,000 (±$37,527)
38Pepperdine University$979,700 (±$451,473)
39East San Gabriel$962,200 (±$35,603)
40Temple City$961,800 (±$20,633)
41San Gabriel$945,700 (±$24,956)

Showing 13 of 139 places in Los Angeles County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Torrance

What is the average home value in Torrance, CA?

The Census Bureau publishes the median: $1,074,700 (±$14,769) for owner-occupied homes in Torrance (2020–2024 American Community Survey).

Have home values in Torrance gone up?

In Torrance, the median home value went from $762,700 in 2015–2019 to $1,074,700 in 2020–2024 (+40.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Torrance sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Torrance city, California (place:80000, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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