By Boyd The Broker
As of late October 2026, the median list price for a single-family home in Torrance is $1,190,000, while newly listed homes are coming to market at a median of $1,399,000. I work with South Bay buyers every week, and that gap defines the Torrance real estate market right now. Sellers are testing higher prices, and 26 percent of active listings have already cut theirs. Buyers who read the numbers home by home have real room to negotiate.
Key Takeaways
- New listings are priced about $209,000 above the median list price.
- The median home sits on the market for 35 days, which gives buyers time to inspect and compare.
- Pricing shifts sharply between Old Torrance, the coast, and Central Torrance.
- Price history says more than the asking price.
Where the Torrance Real Estate Market Stands Today
Altos Research data for Torrance single-family homes shows 97 homes on the market in late October 2026, priced at about $754 per square foot. The market runs at two speeds. Well-priced homes move in about five weeks, and the rest collect price cuts.
Torrance Market Numbers I Watch Closely
- Inventory: 97 single-family homes are on the market.
- Time on market: the median is 35 days, and the average is 63 days.
- Price cuts: 26 percent of active listings have dropped their price, while 1 percent have raised it.
- Relists: 14 percent of listings have returned to the market after an earlier attempt.
A 28-day gap between the median and the average points to a group of homes that have sat for months. Those are the listings where I expect the most flexibility from sellers.
Why Torrance Homes Price So Differently From Block to Block
Torrance covers 24.6 square miles, and about 1.5 miles of that is beachfront on Santa Monica Bay. Jared Sidney Torrance and his investors founded the city in 1912 as a planned community and hired landscape architect Frederick Law Olmsted Jr. to lay it out. That planning history still shapes street patterns, lot sizes, and the character of the older areas.
Torrance Areas Buyers Ask Me About Most
- Old Torrance: the original downtown, where architect Irving Gill designed early civic and residential buildings. The city is reviewing the area for historic district status.
- Hollywood Riviera: a coastal Torrance neighborhood where ocean proximity and views influence pricing.
- Torrance Beach: the stretch of Santa Monica Bay shoreline where the 22-mile Marvin Braude Bike Trail ends.
- Del Amo Fashion Center area: a 2.5 million square foot shopping hub that ranks among the ten largest malls in the country by leasable area.
- Madrona Marsh: an urban wetland preserve that gives nearby streets open space and bird habitat.
Each of these areas has its own comparable sales. I never price a Torrance home against the citywide median alone.
What the Current Torrance Market Means for Buyers
The distance between the median list price and the median new-listing price means the first asking price often does not reflect what a home will sell for. A home that has already cut its price once tells you more about the seller than the original number does. I build every offer around that history.
How I Approach a Torrance Offer
- Pull the full price history, including any relists.
- Compare against sold homes on the same stretch of street, not citywide averages.
- Use the 35-day median as a pace check, since homes past that mark often carry more room to negotiate.
- Ask about the age of the roof, plumbing, and electrical in older homes near Old Torrance.
Commute plays a role too. American Honda Motor Company, Torrance Memorial Health System, and Robinson Helicopter Company all have major operations inside the city, which matters for buyers weighing drive time against price.
FAQs
What is the median home price in Torrance right now?
As of late October 2026, Altos Research shows a median list price of $1,190,000 for single-family homes in Torrance. Newly listed homes carry a median price of $1,399,000.
Is it a good time to buy a home in Torrance?
With 97 homes on the market, a 35-day median time on market, and 26 percent of listings cutting prices, buyers have more negotiating room than in a fast market. I review each home’s price history and nearby sales before I recommend an offer.
How big is Torrance compared with other South Bay cities?
Torrance had 147,067 residents in the 2020 census and covers 24.6 square miles, which makes it the largest city in the South Bay. That size produces a wide range of prices from the coast to Central Torrance.
Buy a Home in the Torrance Real Estate Market With Boyd The Broker
I work with buyers across the South Bay, from Torrance to Manhattan Beach, and I read each neighborhood’s numbers before I read the citywide ones. If you are weighing homes for sale in Torrance, CA, I will walk you through price history, comparable sales, and the offer strategy that fits each property.
