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Torrance, CA Housing

 
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As of 2010-2014, median price of a house in Torrance is $622,800, which is much higher than the state average of $371,400 and is much higher than the national average of $175,700. The Torrance median house value has grown by 94.20% since 2000. The growth rate for the price of a house in Torrance is higher than the state average rate of 75.60% and is much higher than the national average rate of 46.91%. The median year that a house in Torrance was built is 1963, which is older than the median year for a house built in the state which is 1974 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 30,748 Owner Occupied Houses in Torrance, CA, #187
Torrance, CA
622,800 USD
California
371,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #179
Torrance, CA
94.20%
California
75.60%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Torrance, CACaliforniaU.S.
Total Housing Units58,845, see rank, 100%13,781,929132,741,033
Occupied Housing Units55,279, 93.94%, see rank91.55%87.55%
Owner Occupied30,748, 52.25%, see rank50.13%56.34%
Renter Occupied24,531, 41.69%, see rank41.42%31.21%
Vacant Housing Units3,566, 6.06%, see rank8.45%12.45%
For Rent728, 1.24%, see rank2.00%2.34%
For Sale Only351, 0.60%, see rank0.83%1.20%
Rented or Sold, Not Occupied565, 0.96%, see rank0.78%0.92%
For Seasonal, Recreational, or Occasional Use1,071, 1.82%, see rank2.61%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant851, 1.45%, see rank2.21%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #1148
Torrance, CACaliforniaU.S.
196319741976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Torrance, CA%CaliforniaU.S.
Owner-Occupied Units30,748100%6,908,92574,787,460
With a Mortgage21,06668.51%, see rank73.66%65.58%
Without a Mortgage9,68231.49%, see rank26.34%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Torrance, CA
2,656 USD
California
2,214 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsTorrance, CA%CaliforniaU.S.
$299 or Less180.09%, see rank0.15%0.20%
$300 to $499860.41%, see rank0.75%1.59%
$500 to $6993831.82%, see rank1.72%5.01%
$700 to $9995232.48%, see rank5.23%14.32%
$1,000 to $1,4991,7378.25%, see rank15.72%27.90%
$1,500 to $1,9993,18615.12%, see rank19.12%20.35%
$2,000 to $2,9997,30134.66%, see rank30.16%19.52%
$3,000 or More7,83237.18%, see rank27.14%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Torrance, CA
27.90% of the Total Income
California
28.30% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Torrance, CA%CaliforniaU.S.
10% or Less9334.43%, see rank4.28%5.86%
10% to 20%4,85623.05%, see rank22.58%31.95%
20% to 30%5,85327.78%, see rank27.14%27.64%
30% to 40%3,75517.82%, see rank16.99%13.74%
40% or More5,57426.46%, see rank28.35%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Torrance, CA
472 USD
California
493 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsTorrance, CA%CaliforniaU.S.
$199 or Less3823.95%, see rank7.54%7.76%
$200 to $2991,61616.69%, see rank12.68%14.70%
$300 to $4993,28733.95%, see rank30.95%34.63%
$500 to $6992,31323.89%, see rank21.93%21.16%
$700 or More2,08421.52%, see rank26.89%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Torrance, CA
10.00% of the Total Income
California
11.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Torrance, CA%CaliforniaU.S.
10% or Less4,86750.27%, see rank44.55%40.19%
10% to 20%2,64527.32%, see rank28.27%31.47%
20% to 30%8408.68%, see rank10.90%12.24%
30% to 40%4875.03%, see rank5.32%5.64%
40% or More6766.98%, see rank9.62%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Torrance, CACaliforniaU.S.
Total Housing Units58,845, 100%13,781,929132,741,033
1-unit, Detached32,039, 54.45%, see rank58.17%61.65%
1-unit, Attached3,746, 6.37%, see rank6.97%5.82%
2 Units611, 1.04%, see rank2.54%3.75%
3 or 4 Units2,792, 4.74%, see rank5.54%4.43%
5 to 9 Units2,195, 3.73%, see rank6.12%4.78%
10 or More Units16,205, 27.54%, see rank16.79%13.08%
Mobile Home, Boat, RV, Van, etc.1,257, 2.14%, see rank3.88%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Torrance, CACaliforniaU.S.
Total Housing Units58,845, 100%13,781,929132,741,033
1 Room1,756, 2.98%, see rank3.13%1.95%
2 Rooms3,297, 5.60%, see rank3.93%2.48%
3 Rooms8,428, 14.32%, see rank12.05%9.13%
4 Rooms10,802, 18.36%, see rank19.24%16.60%
5 Rooms12,470, 21.19%, see rank20.56%20.41%
6 Rooms9,731, 16.54%, see rank16.99%18.06%
7 Rooms6,814, 11.58%, see rank11.06%12.27%
8 Rooms3,267, 5.55%, see rank6.58%8.48%
9 Rooms or More2,280, 3.87%, see rank6.46%10.60%
Median Rooms4.90, see rank5.105.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Torrance, CACaliforniaU.S.
Total Housing Units58,845, 100%13,781,929132,741,033
No Bedroom2,062, 3.50%, see rank3.56%2.17%
1 Bedroom9,371, 15.92%, see rank14.11%11.16%
2 Bedrooms15,151, 25.75%, see rank28.01%26.69%
3 Bedrooms21,623, 36.75%, see rank33.46%39.70%
4 Bedrooms9,090, 15.45%, see rank16.55%16.05%
5 or More Bedrooms1,548, 2.63%, see rank4.31%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Torrance, CACaliforniaU.S.
Total Housing Units55,279, 100%12,617,280116,211,092
Utility Gas40,151, 72.63%, see rank65.57%48.85%
Bottled, Tank, or LP Gas547, 0.99%, see rank3.16%4.86%
Electricity13,489, 24.40%, see rank25.76%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.27%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood96, 0.17%, see rank1.73%2.12%
Solar Energy14, 0.03%, see rank0.14%0.05%
Other Fuel73, 0.13%, see rank0.35%0.47%
No Fuel Used909, 1.64%, see rank3.02%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalTorrance, CACaliforniaU.S.
Occupied Units Paying Rent23,844, 100%5,526,56039,201,928
$199 or Less67, 0.28%, see rank0.65%1.50%
$200 to $299218, 0.91%, see rank2.00%3.18%
$300 to $499345, 1.45%, see rank3.28%7.37%
$500 to $699523, 2.19%, see rank6.23%16.01%
$700 to $9992,533, 10.62%, see rank19.65%29.17%
$1,000 to $1,4998,900, 37.33%, see rank34.37%26.88%
$1,500 to $1,9996,466, 27.12%, see rank19.29%9.79%
$2,000 or More4,792, 20.10%, see rank14.52%6.10%
Median$1,466, see rank$1,243$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Torrance, CACaliforniaU.S.
Occupied Housing Units55,279, 100%12,617,280116,211,092
No Vehicles Available2,755, 4.98%, see rank7.81%9.12%
1 Vehicles Available17,262, 31.23%, see rank32.17%33.80%
2 Vehicles Available23,312, 42.17%, see rank37.49%37.48%
3 or More Vehicles Available11,950, 21.62%, see rank22.54%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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