Redondo Beach 90277 Housing Market Update — August 2026
August tends to bring a certain clarity to the Redondo Beach market, and this year is no exception. As someone who works with buyers and sellers throughout the South Bay every day, I want to give you a grounded, honest look at what the numbers are telling us right now in zip code 90277.
Where Prices and Inventory Stand
The median asking price for single-family homes in 90277 is currently $2,250,000, with a median price per square foot of $1,106.66. Active inventory sits at 144 homes, which gives buyers a reasonable selection to work through without feeling rushed. For those exploring rental options, there are also 176 rental units available in the area, so both paths are worth evaluating depending on your situation.
How Quickly Homes Are Moving
The median days on market is 39, which tells me this is a warm but measured market. Homes are moving at a steady pace rather than flying off the shelf overnight. That rhythm is actually healthy. My clients on the buying side have time to do their due diligence, schedule inspections, and think clearly. It is not a market where you need to panic, but it is also not one where you can afford to drag your feet indefinitely on a property you genuinely want.
The Rate and Rent Picture
The 30-year fixed mortgage rate is sitting at 6.7% as of August 2026. That number matters when you are deciding between buying and renting. With the median rent in Redondo Beach at $4,000 per month, many of my clients are running the real math side by side. Renting at $4,000 monthly builds no equity, while buying at today's asking prices locks in a long-term asset in one of the most desirable coastal communities in Los Angeles County. The calculation is personal, but the data is worth looking at honestly.
What This Means For You
Buyers: With 144 active listings and a 39-day median days on market, you have real options right now, but moving with a clear plan and pre-approval in hand will keep you competitive when the right home appears. Sellers: A warm market with steady buyer activity means well-priced, well-presented homes in 90277 are attracting genuine interest, making this a reasonable time to list if you have been considering a move.
If you have questions about a specific property, neighborhood, or how these numbers apply to your goals, I am here to help. Reach out to me, Tony Kim at Compass, and let's have a real conversation about what this market means for you.