ZIP Code 90502 — Torrance, CA Home Prices (2026)
The typical home in ZIP 90502 (Torrance, California) is worth about $734,000 at roughly $548 per square foot — 27% more affordable than the Torrance median and 150% more expensive than the typical U.S. home.
How 90502 compares
ZIP 90502 is one of the more affordable ZIP codes in Torrance: its typical home value of $734,000 ranks #5 of the 5 Torrance ZIP codes we track (the citywide range runs from $734,000 in 90502 to $1,426,000 in 90505). Per square foot it costs about $548, against $658 for Torrance as a whole, $455 for California, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 90502 | $734,000 | $548 |
| Torrance, CA | $1,006,000 | $658 |
| California | $698,000 | $455 |
| United States | $294,000 | $195 |
Home value by size in 90502
Using this ZIP’s rate of about $548 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $548,000 |
| 1,500 sq ft | $822,000 |
| 2,000 sq ft | $1,096,000 |
| 2,500 sq ft | $1,370,000 |
| 3,000 sq ft | $1,644,000 |
Salary needed to buy a home in ZIP 90502
To buy the typical $734,000 home in ZIP 90502 with 20% down, you need a household income of roughly $200,000 a year (about $4,660 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $237,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $36,700 | $5,790/mo | $248,000/yr |
| 10% (+PMI) | $73,400 | $5,540/mo | $237,000/yr |
| 20% | $146,800 | $4,660/mo | $200,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 90502
At about $548 per square foot, here is roughly how much home different budgets get you in ZIP 90502:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $400k | 730 sq ft | below the local median — condos, smaller or older homes |
| $500k | 910 sq ft | below the local median — condos, smaller or older homes |
| $600k | 1090 sq ft | around the typical home here |
| $750k | 1370 sq ft | around the typical home here |
| $1.00M | 1820 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 90502 home.
Estimate a specific home in 90502
The estimator below is pre-set to ZIP 90502 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Torrance ZIP codes by home value
Where 90502 sits among Torrance’s 5 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 90505 | $1,426,000 | $816 |
| 2 | 90503 | $1,294,000 | $705 |
| 3 | 90504 | $1,006,000 | $658 |
| 4 | 90501 | $982,000 | $651 |
| 5 | 90502 (this page) | $734,000 | $548 |
ZIP 90502 home prices: frequently asked
What is the average home price in ZIP code 90502? +
What is the price per square foot in 90502? +
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See the full Torrance home values page, all California cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.