Torrance · Homes for Sale

Torrance Homes for Sale From $750,000 to $1 Million

Set a Torrance budget in the $750,000 to $1 million band and compare what is listed against what recently sold. In the 2020-2024 American Community Survey, 25% of Torrance homeowners put their home value in the $750,000 to $1 million band.

Market Pace

Within two weeks, 45% of homes listed in Torrance were off the market. Above-list sales made up 24% of the condo total. For condos and co-ops, median time on market was 51 days. At the end of September, 250 Torrance sales were pending. On average, condo and co-op units sold for 99.0% of the asking price. Of the townhouses sold, 27% went above their original list price.

Age and Building Type

ACS 2020-2024 estimates put the median owner-estimated home value in Torrance at $1.07M. ACS counts 6% of local housing in duplex to fourplex buildings. Only 6% of units here were built in 2000 or later. Owner estimates below $500,000 cover 6% of Torrance homes in Census data. Construction from 1960 to 1979 is 42% of the Torrance count, per ACS.

What Homes Sold For

Per square foot, condos and co-ops sold at a median of $608. That quarter, 266 Torrance homes of every type sold, and the middle price was $1.17M. The townhouse median in Torrance was $872,000 across 49 closings. Redfin logged 35 condo and co-op units sold in Torrance at a $693,000 median. The house median in Torrance was $1.33M across 177 closings. New listings in Torrance asked a median of $1.14M during the quarter.

Costs Beyond Price

Older homes in this range deserve a sewer scope and panel check. Request permits for any added rooms or garage conversions. FHA limits and condo approvals vary by county. Not legal, lending or tax advice; general information only.

Selling a Torrance home first? Get a free home value from Jay before you shop.

Sources: U.S. Census ACS 2020-2024 5-year estimates and Redfin, a national real estate brokerage (Jul-Sep 2026).

Jay Romero, Broker, DRE 01343079 | Miamar Realty | Call (949) 822-8702

Miamar Realty | Corporate DRE #02192235 | 14241 Firestone Blvd #400, La Mirada, CA 90638 | Equal Housing Opportunity.

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Selling first? Request a home value or call (949) 822-8702.