Dynamic.RE · SFR Market Intelligence

Torrance, California Housing Market

Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.

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Data through June 2026
Dynamic.RE Verdict
Buyer's Market
Under 0.90 buyers per home for sale, sellers compete for buyers. Torrance sits at 0.61, with 14% of sellers already cutting their price.
Median list price
$1,014,159
-4.1%
Demand : Supply
0.61
Days on market
41 days
Time to go under contract

Yes, if you negotiate. Buyers have the upper hand in Torrance right now.

You have the upper hand in Torrance. Most homes for sale still have no buyer. There are more homes for sale than at any time in ten years. Sellers are competing for you. Use it.

01
The market at a glance
Median $ / sqft
$677
Active inventory
181
New listings / mo
134
Days on market
41 days
Price-cut share
14.1%
Pending sales
110
02
Where we are in the cycle
Median asking price
$1,014,159
15% below the Apr 2025 peak of $1187K
Homes for sale
181
4.4× the Jan 2022 low of 41
Days to sell
41 days
2.7× slower than the 15-day Apr 2018 low
03
Market context
9.76M
Population
3.65M
Housing units · county
38.2
Median age · county
$1.09M
Avg list price · luxury-skewed
04
What this means for investors

How much can you negotiate in Torrance?

Only 61 out of every 100 homes for sale have found a buyer. The other 39 are still waiting. Your offer may be the only one on the table. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing, not from the whole market.

A typical Torrance home takes 41 days to find a buyer. Half of them take even longer. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago. There are 181 homes for sale in Torrance. That is the most in ten years. It is 4 times the low of Jan 2022. Every one of them competes with the house you want.

What to do about it

  • Start in 90502, 90501, and 90503. Those are the three softest ZIP codes in Torrance.
  • Filter for homes listed 60+ days ago that have already cut their price.
  • Offer below the reduced price.
  • Keep your inspection and financing contingencies.
  • In 90502 only 27 out of 100 homes have a buyer. You can lose a few offers there and still win.

Is now a good time to buy in Torrance?

Asking prices are 14.5% below their Apr 2025 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Torrance prices have risen in 81 of the last 108 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

There is no rush. Prices are still coming down. Watch the homes you like. Come back after they cut. Let the seller move first.

What numbers should you underwrite a Torrance deal with?

  • Price growth to assume — +3.6%/yr. 1 year: -4.3% · 5 years: +3.6% · ten years: +5.1%. The five-year and ten-year rates agree. That is a durable trend, not a boom artifact. It is a fair long-run input. Measure growth per square foot. Torrance median list price grew 4.0% a year, but price per square foot grew 5.1%. The gap is smaller homes, not weaker growth. The house you buy will not shrink. The one-year rate is a timing signal. It is not an underwriting input.
  • Months of carrying cost — 2. A typical home takes 41 days to sell. Budget that long when you exit or refinance.
  • Odds you cut your price to sell — 1 in 7. About 14% of homes on the Torrance market right now have already cut their asking price. Assume you are one of them when you sell. Do not underwrite an exit at your asking price.
  • Comp on this, not median price — $677/sqft. The typical Torrance listing shrank from 1,596 to 1,430 sqft since Jul 2016. So median price hides real growth: 64% per sqft versus 47% on the median. Comp on median price and you will overpay for small homes.
  • Competition when you exit — +8%. That is how much the number of homes for sale grew in a year. Your resale will face a bigger crowd than today's comps did.
05
Frequently asked questions

Is Torrance a buyer's or seller's market in 2026?

Yes, if you negotiate. Buyers have the upper hand in Torrance right now. 0.61 out of every 100 homes for sale have a buyer, 14% of sellers have cut their price, and a typical home takes 41 days to sell.

Are Torrance home prices going up or down?

Asking prices are 14.5% below their Apr 2025 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.

What price growth should I assume for Torrance?

+3.6%/yr. 1 year: -4.3% · 5 years: +3.6% · ten years: +5.1%. The five-year and ten-year rates agree. That is a durable trend, not a boom artifact. It is a fair long-run input. Measure growth per square foot. Torrance median list price grew 4.0% a year, but price per square foot grew 5.1%. The gap is smaller homes, not weaker growth. The house you buy will not shrink. The one-year rate is a timing signal. It is not an underwriting input.

How fast are homes selling in Torrance?

A typical Torrance home takes 41 days to find a buyer. Half of them take even longer. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago.

Which Torrance ZIP code has the most negotiating room?

90502. Only 27 out of 100 homes there have a buyer, 17% have cut their price, and a typical home takes 52 days to sell.

06
ZIP-level detail

Where buyers have the most leverage in Torrance

  • 9050242 for sale · 17% cutting · 52 daysOnly 27 out of 100 homes here have a buyer.
  • 9050146 for sale · 20% cutting · 46 daysOnly 42 out of 100 homes here have a buyer.
  • 9050336 for sale · 11% cutting · 39 daysOnly 85 out of 100 homes here have a buyer.
  • 9050535 for sale · 12% cutting · 34 daysOnly 87 out of 100 homes here have a buyer.
  • 9050422 for sale · 6% cutting · 22 daysOnly 84 out of 100 homes here have a buyer.

Where it isn't: 90504 ranks #2,683 in the country for buyer demand. Expect the least room to negotiate there.

Where Torrance prices are climbing fastest

ZIP 90501 is on both lists. That is rare. It is the one place in Torrance where leverage and growth overlap.

ZIP$/sqft, 2 yrs$/sqft nowBuyers per homeFor sale
90505+9.4%$8680.8735
90501-0.4%$6160.4246
90504-2.3%$7040.8422
90503-5.4%$6900.8536
90502-8.8%$5600.2742

Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.

07
Where else to look

Markets similar to Torrance

Closest matches on asking price, price per square foot, days to sell, buyer demand, and price cuts.

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