4-week rolling average · Data through March 18, 2026 · ZIP 90278
Redondo Beach (90278) is running hot with a market temperature score of 81 and a median sale price of $1,499,000 as of March 2026. Homes are moving at a median of 21 days on market, and the median price per square foot sits at $962.13. With only 121 active for-sale listings and 131 rental units available, supply remains tight on both sides of the market.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $85K | $2K/mo |
| 2BR | $899K | $3K/mo |
| 3BR | $1.48M | $5K/mo |
| 4BR | $1.75M | $6K/mo |
| 5BR | $2.80M | $10K/mo |
| 6BR | $1.90M | — |
Sellers are in a strong position with the market temperature rated hot at a score of 81 and a median list price of $1,545,000 supporting premium pricing expectations. With just 121 active listings and a median days on market of only 21, well-priced homes are finding buyers quickly.
Buyers should be prepared to move decisively in this market, where the median sale price is $1,499,000 and homes are going under contract in a median of just 21 days. The gap between the median list price of $1,545,000 and the median sale price of $1,499,000 suggests there is some room for negotiation, though competition remains elevated.
With a median rent of $3,400 and a median sale price of $1,499,000, gross rental yields in this market are modest, making cash flow a challenge at current price levels. However, the tight rental inventory of 131 units and strong rent growth potential in a coastal market like Redondo Beach may support a long-term appreciation play.
The current 30-year fixed mortgage rate of 6.11% and 15-year rate of 5.50% significantly impact purchasing power at Redondo Beach price points. On a $1,499,000 home with 20% down, a 6.11% rate translates to a substantial monthly payment, making rate sensitivity a key factor for buyers evaluating affordability.
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Market intelligence by FarmPosts