Home Values

Olde Torrance Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$536,800

  • 1.0% 1-year change
  • 0.2% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median home value in Olde Torrance is $536,800. Olde Torrance home values have gone up 1.0% over the past year and Zillow predicts they will rise 0.2% within the next year. The median list price per square foot in Olde Torrance is None.

Foreclosures will be a factor impacting home values in the next several years. In Olde Torrance 2.2 homes are foreclosed (per 10,000). This is greater than the Torrance value of 1.4 and also lower than the national value of 3.5

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Relative ZHVI
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Olde Torrance Market Overview

Data through May 31, 2015
  • $536,800 ZHVI
  • 0.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Olde Torrance Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

2.2 homes(Feb 28, 2015) Olde Torrance
1.4 homes Torrance
3.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Torrance Heights Civic $718,600
Madrona $692,000
Southeast Torrance $688,600
Name Median ZHVI
Summerwind $527,500
New Horizons South Bay $369,400
 

Listings & Sales

  • No data
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Olde Torrance Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,523 Olde Torrance
    $2,872 Torrance
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $1.94 Rent list price / sq ft
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