Home Prices in Redondo Beach, CA: 2026 Cost Breakdown

Buyers exploring the South Bay area of Los Angeles with the best real estate agent in Redondo Beach, CA quickly find that property values here reflect the coastal location. As of mid-2026, the median sale price for a home in Redondo Beach, CA, hovers around $1,533,500. This figure represents a broad mix of housing stock, including inland townhouses and oceanfront estates.

True costs extend beyond the sticker price. Buyers should factor in property taxes, association dues, and the distinct pricing tiers that separate the northern and southern halves of the city. Balance proximity to the water with the space and amenities your budget allows.

Pricing Across Property Types

The $1.53 million median provides a baseline, but actual prices vary widely based on the type of property. Single-family detached homes generally command a premium, frequently listing well above the citywide median. These properties often feature larger lots and private outdoor spaces, which drive up the cost per square foot.

Attached properties, such as townhouses and condominiums, offer a different entry point. Buyers can find condos priced lower than detached homes, though oceanfront units carry a steep location premium. A condo with direct water views or immediate beach access will routinely outprice an inland single-family home of the same size.

Condition also dictates the final price tag. New construction homes or fully renovated properties push the upper limits of the market. Older properties that require updating sell for less, but buyers should budget for local labor and material costs when planning renovations.

Comparing North and South Zip Codes

Redondo Beach is divided into two distinct sections, separated by the 190th Street corridor. South Redondo Beach, located in the 90277 zip code, includes the coastline, the Redondo Beach Pier, and King Harbor. Homes here command the highest prices in the city due to direct beach access and ocean views.

North Redondo Beach falls within the 90278 zip code and sits further inland. Property values here are generally lower than in the southern section. The housing inventory includes a high concentration of tall-and-skinny single-family homes and two-on-a-lot townhouses, which maximize the slightly smaller lot sizes common to the area.

Buyers choosing between the two often weigh walkability to the water against square footage. South Redondo offers immediate access to the sand and coastal bike paths. North Redondo provides a slightly shorter commute to inland employment hubs while still keeping residents within a quick drive to the ocean.

Property Taxes and Association Fees

Like much of Los Angeles County, Redondo Beach property tax runs roughly 1.25 percent of a home's assessed value. Under California's Proposition 13, the annual increase in assessed value is capped at 2 percent. This state law keeps property taxes relatively predictable for long-term owners.

Buyers purchasing condos or townhouses should account for homeowners association (HOA) dues. Typical HOA fees in the area range from $200 to over $600 per month. Buildings with extensive amenities, elevators, or older infrastructure tend to sit at the higher end of that scale.

Insurance is another ongoing expense. Coastal properties may require supplemental flood insurance depending on their exact elevation and proximity to the water. Buyers should request insurance quotes during the contingency period to accurately calculate their total monthly payment.

Commutes, Parks, and Schools

Commuters in Redondo Beach rely primarily on the Pacific Coast Highway (PCH) for north-south travel along the coast. The 405 freeway sits further inland, providing access to the broader Los Angeles basin. Los Angeles International Airport (LAX) is located about seven miles north, making the area convenient for frequent travelers.

The city maintains numerous public spaces and recreation areas. South Redondo features Veterans Park, a 6.3-acre oceanfront park with open lawns and a community center. In North Redondo, Dominguez Park offers 24 acres of open space, sports facilities, and a dedicated dog park.

Residential addresses determine school assignments. Homes in both the 90277 and 90278 zip codes fall within the Redondo Beach Unified School District. Buyers should verify specific attendance boundaries with the district, as enrollment zones can shift based on capacity.

Current Real Estate Trends

In the current Redondo Beach real estate market, homes spend an average of 39 days before going under contract. With roughly 148 active listings and 2.6 months of supply, inventory remains relatively tight. This low supply keeps the advantage slightly tilted toward sellers.

Properly priced homes frequently attract multiple offers. The average sale-to-list ratio is 100.3 percent, meaning properties generally close just above their asking price. Roughly 34 percent of recent sales closed above the original list price.

Buyers should enter the market with their financing fully secured. Sellers expect clean offers with minimal contingencies, and properties in prime condition rarely linger. Monitoring the daily listing updates is a practical way to gauge the exact pace of your specific price bracket.

Frequently Asked Questions

What is the average cost of a home in Redondo Beach, CA?

The median sale price is currently around $1,533,500. This figure varies based on property type, with oceanfront condos and large single-family homes often exceeding $2 million.

How much do I need to make to afford a home in Redondo Beach, CA?

A household income of at least $350,000 to $400,000 is typically required to qualify for a median-priced home here, assuming a 20 percent down payment and current interest rates. Lenders will calculate your exact requirement based on your specific debt-to-income ratio.

Is it cheaper to buy a house in North or South Redondo Beach, CA?

North Redondo Beach (90278) is generally less expensive than South Redondo Beach (90277). The southern zip code commands higher prices because it borders the ocean and includes the pier and harbor.

What should I expect to pay in property taxes and HOA fees in Redondo Beach, CA?

Property taxes run about 1.25 percent of the purchase price annually. If you buy a condo or townhome, expect monthly HOA fees between $200 and $600, depending on the building's age and amenities.

What is the housing market like in Redondo Beach, CA?

The market is currently tight and competitive, with homes averaging 39 days on the market. Sellers receive about 100.3 percent of their asking price, and inventory sits at a low 2.6 months of supply.

What is the cost of living in Redondo Beach, CA compared to other cities?

The cost of living here is higher than the national average and many other Los Angeles suburbs. Housing is the primary driver of this expense, though utility and transportation costs align closely with the rest of Southern California.

Are there hidden costs or special insurance requirements for buying a home near the water in Redondo Beach, CA?

Homes located very close to the ocean may require specialized flood insurance. Properties exposed to salt air also experience accelerated wear and tear, meaning owners should budget extra for exterior maintenance and roof repairs.