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Torrance Market Update

Torrance Housing Market Update: 34 days to sell, down from 35

Torrance, here's how fast homes are selling.

A coastal view of the beach in soft light

Key takeaways

  • The median sale price in Torrance was $1,174,441 (3 months ending Sep 2026, Redfin), down 4.9% from a year earlier.
  • Homes in Torrance sold in a median of 34 days, compared with 35 days a year earlier (Redfin).
  • The average 30-year fixed rate was 7.32% (Freddie Mac PMMS, October 22, 2026).
  • At the Torrance median price with 20% down and a 7.32% rate, principal and interest come to about $6,454 a month.

Good morning, Torrance. This week's quick read is about pace: how long homes here are taking to sell, what that means if you're buying or selling, and a few things worth doing around town.

Monday Motivation

“Good decisions rarely feel rushed. Get clear on your numbers now, and you get to move on your timeline, not the market's.”

Move of the week: Look at how many days homes near you are taking to sell (it's in this update). If a move is on your radar for the next year, that number tells you how much runway to plan for.

Your Torrance Market

Median sale price$1,174,4413 months ending Sep 2026
vs. last year▼ -4.9%median sale price
Median days on market34vs. 35 a year earlier

Source: Redfin, Torrance housing market data for September 2026. 266 homes sold in September.

Rates this week: 30-yr fixed 7.32% · 15-yr fixed 6.68% (Freddie Mac PMMS, October 22, 2026), down from 7.40% and 6.71% the week before. A year ago: 6.19% and 5.44%.

Your Torrance market page → · Estimate your seller net sheet →

What It Means For You

If you're buying

At Torrance's median (Redfin, 3 months ending September 2026) of $1,174,441, putting 20% down, this week's 7.32% average 30-year rate works out to about $6,454/month in principal and interest, vs. about $5,748 at last year's 6.19%. Homes here sold in a median 34 days in September, vs. 35 a year earlier, so have your pre-approval ready before you tour.

If you're selling

Torrance's median sale price is down 4.9% from a year ago, and 266 homes sold in September with a median of 34 days on market. Pricing it right from the first week matters, and a value based on recent sales near you is the place to start.

Homeowner reminder · Safety

Clocks fall back Sunday. Test your alarms.

Daylight saving time ends this Sunday, Nov. 1, at 2 a.m. It's an easy reminder to check your smoke and carbon monoxide alarms. The U.S. Fire Administration says to test smoke alarms monthly, replace the batteries at least once a year, and replace the whole smoke alarm every 10 years. California's carbon monoxide law also requires CO detectors in homes that have a fossil-fuel-burning heater, appliance or fireplace.

Sources: NIST, 2026 daylight saving time dates; U.S. Fire Administration smoke alarm guidance (page reviewed Oct. 13, 2026); City of West Hollywood summary of California's Carbon Monoxide Poisoning Prevention Act of 2010.

A rocky bluff along the shoreline on a clear day

Around Torrance

  • Mall-O-Ween Trick-or-Treat · Torrance
    Fri, Oct 30 · 4-6 p.m.
    Del Amo Fashion Center, 3525 W. Carson St. · No cost; pre-registration required
  • Harry Sutter Memorial Turkey Trot (3-mile fun run) · Torrance
    Thu, Nov 26 · run starts 8 a.m.
    Torrance Crossroads Center, 2700 Skypark Dr. · $35 registration; $40 late
  • Torrance Memorial 43rd Annual Holiday Festival · Torrance
    Dec 1-3 and Dec 5-6 · hours vary by day
    Torrance Memorial, 3330 Lomita Blvd. · No cost to attend; fashion show and gala are ticketed

Event info from organizers' public listings and may change. Please confirm before you go.

Quick answers

What is the median home price in Torrance right now?

The median sale price in Torrance was $1,174,441 (3 months ending Sep 2026, Redfin), down 4.9% from a year earlier.

How fast are homes selling in Torrance?

Homes in Torrance sold in a median of 34 days, compared with 35 days a year earlier (Redfin).

What are mortgage rates this week?

The average 30-year fixed rate was 7.32% (Freddie Mac PMMS, October 22, 2026). Your own rate depends on your credit, down payment and loan type.

What is the monthly payment on a median-priced home in Torrance?

At the Torrance median price with 20% down and a 7.32% rate, principal and interest come to about $6,454 a month. Taxes, insurance and HOA dues are extra, and your payment will differ.

Thinking about buying or selling in Torrance?

Get a home value based on recent sales near you, or book 15 minutes to talk through your plan.

Get My Home Value Book 15 Minutes Torrance market page

or call/text 562-253-9034

Sources

  • Torrance: Redfin housing market page (median sale price for the 3 months ending September 2026; homes sold and median days on market for September 2026), accessed Oct 25-26, 2026
  • Mortgage rates: Freddie Mac Primary Mortgage Market Survey, week of October 22, 2026
  • Safety reminder: NIST (daylight saving time 2026); U.S. Fire Administration, Smoke alarms (reviewed Oct. 13, 2026); City of West Hollywood, Carbon Monoxide Law
  • Events: City of Torrance (Torrance), accessed Oct 25-26, 2026

Information deemed reliable but not guaranteed.

Payment example: principal and interest only on a 30-year fixed loan of $939,553 (20% down on the Torrance median sale price (Redfin, 3 months ending September 2026) of $1,174,441), at 7.32% (Freddie Mac PMMS average, October 22, 2026) = $6,454/month vs. 6.19% (year-ago average) = $5,748/month. Excludes property taxes, insurance and HOA dues. Your rate and payment will differ. Not a loan offer or commitment.

Online home value estimates are approximate and not an appraisal.

This article is not legal, tax or insurance advice.

Photos via Unsplash (Unsplash License): Andrea Yoder, Gavin Ruane.

Memorial “Memo” Dinh | REALTOR® | CA DRE #02066757 | Epique Realty | Prestige Luxury Group | Equal Housing Opportunity

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