Home Values

90503 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

$756,900

  • 4.7% 1-year change
  • 1.7% 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 zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Hot

Buyers' Market
Sellers' Market

The median home value in 90503 is $756,900. 90503 home values have gone up 4.7% over the past year and Zillow predicts they will rise 1.7% within the next year. The median list price per square foot in 90503 is None. The median rent price in 90503 is $2,450, which is higher than the Torrance median of $2,233.

Foreclosures will be a factor impacting home values in the next several years. In 90503 1.5 homes are foreclosed (per 10,000). This is greater than the Torrance value of 1.4 and also lower than the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 90503 homeowners underwater on their mortgage is 4.2%, which is lower than Torrance at 4.7%.

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Relative ZHVI
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90503 Market Overview

Data through Apr 30, 2015
  • $756,900 ZHVI
  • 1.7% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $715,600 Median sale price
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90503 Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 4.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

1.5 homes 90503
1.4 homes Torrance
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
90254 $1,191,700
90277 $922,800
90505 $787,400
Name Median ZHVI
90278 $767,500
90504 $556,000
90501 $554,900
Name Median ZHVI
90717 $516,800
90260 $414,200
90502 $384,500

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $444 Median sale price / sq ft
  • No data Listings with price cut
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90503 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $3,001 90503
    $2,865 Torrance
    $1,364 United States

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

  • 6.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $2,450 Rent list price
  • $1.99 Rent list price / sq ft
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