Market Overview
Home Prices in Torrance, CA
The median home value in Torrance, CA is $1,123,531 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Torrance are priced174% above average. Torrance is part of the Los Angeles-Long Beach-Anaheim, CA metro area.
Over the past five years, Torrance home values have risen by approximately23.8%, reflecting strong long-term appreciation in this market.
Price History
Torrance Home Price Trend
City Comparison
Torrance vs. National Median
At $1,123,531, homes in Torrance cost 174% above the national median of $410,000. Buyers in Torrance should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Torrance?
20% Down Payment
$224,706
on $1,123,531
Monthly P&I
$5,860/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,442/mo
incl. taxes & insurance
Income Needed
$297,680
gross annual (30% rule)
10% Down Option
$112,353
+ PMI applies
Loan Amount (20% dn)
$898,825
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Torrance, CA?
The median home value in Torrance is $1,123,531 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Torrance?
Over the past year, home values in Torrance have increased by 1.5%. Over five years, prices have risen approximately 23.8%.
How much do I need to earn to buy a home in Torrance?
To comfortably afford the median home price of $1,123,531 with a 20% down payment ($224,706) at today's rates (6.8%), you'd need a gross annual income of approximately $297,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Torrance compare to the national average home price?
The national median home value is approximately $410,000. At $1,123,531, homes in Torrance are 174% above the national average.
What metro area is Torrance part of?
Torrance is part of the Los Angeles-Long Beach-Anaheim, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.