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Redondo Beach home prices and affordability, 2019 to 2025

Redondo Beach home prices rose about 43% from 2019 to 2025, and with higher mortgage rates, buying the median home here now takes $3,497 more a month.

Home prices, 2019 to 2025+43%Our own index · LA County +39%
Median sale, 2025$1,425,000was $998,000 in 2019
Monthly mortgage payment$7,281was $3,784 in 2019
Income to keep it under 30%$291,000was $151,000 in 2019

How prices moved

Redondo Beach rose about as much as LA County

On our own index, Redondo Beach home prices rose 43% from 2019 to 2025, against 39% for LA County as a whole, and we rate it high confidence.

The median sale rose by about the same, from $998,000 to $1,425,000. Our own index and the median sale measure different things, so in other neighborhoods they can tell different stories.

See LA County home prices by neighborhood
Redondo Beach+43%
LA County+39%
0%Our own index50%
High confidence

What it costs to buy now

$3,497 more a month than in 2019

With 20% down on the median sale, the monthly mortgage payment went from $3,784 in 2019 to $7,281 in 2025. About half the rise, $1,901, came from higher prices and $1,596 from the higher mortgage rate, 6.60% against 3.94%.

The 20% down payment grew from $199,600 to $285,000.

2019
$3,784
2025
$7,281
From higher prices $1,901From the higher rate $1,596

Compare the neighborhoods next door

  • Redondo Beach

    Prices since 2019
    +43%
    Payment in 2025
    $7,281
    Rise a month
    +$3,497

  • Hermosa Beach

    Prices since 2019
    +18%
    Payment in 2025
    $11,713
    Rise a month
    +$5,457

  • Manhattan Beach

    Prices since 2019
    +36%
    Payment in 2025
    $16,247
    Rise a month
    +$7,905

  • Lawndaletoo few sales for our own index

    Prices since 2019
    —
    Payment in 2025
    $3,776
    Rise a month
    +$1,685
All LA County neighborhoods

Your number

What would Redondo Beach cost you?

Change the down payment and rate to see the monthly mortgage payment on the median Redondo Beach home.

Your monthly mortgage payment in Redondo Beach$7,281$2,781 a month over your budget

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Monthly mortgage payment: principal and interest on a 30-year fixed loan on each neighborhood’s 2025 median sale; taxes and insurance not included.

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A model-generated estimate and analytical context, not investment advice. The estimated value comes from an automated valuation model (AVM). An AVM is an estimated sale price for a property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.

Questions about Redondo Beach

How much have Redondo Beach home prices changed since 2019?

On our own index, Redondo Beach home prices rose about 43% from 2019 to 2025, against about 39% for LA County as a whole. We rate the figure high confidence. The median sale went from $998,000 to $1,425,000.

How much does it cost to buy a home in Redondo Beach?

The median Redondo Beach home sold for $1,425,000 in 2025. With 20% down, $285,000, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $7,281 before taxes and insurance.

What income do you need to buy in Redondo Beach?

About $291,000 a year for the median Redondo Beach home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $151,000 in 2019. Lenders apply their own tests, and taxes and insurance come on top of the payment.

How much has the monthly mortgage payment in Redondo Beach changed since 2019?

The monthly mortgage payment on the median Redondo Beach home rose $3,497, from $3,784 in 2019 to $7,281 in 2025. Higher prices added $1,901, and the higher mortgage rate, 3.94% to 6.60%, added $1,596.

How does Redondo Beach compare with LA County?

The monthly mortgage payment on the median Redondo Beach home was $7,281 in 2025, higher than the $4,410 on the median LA County home. Since 2019 it rose $3,497, and LA County’s rose $2,135.

What does the full cost to own a home add?

Property tax, insurance, HOA dues and upkeep come on top of the monthly mortgage payment shown here. A free account’s Cost to Own adds them up for a specific home, and three homes a month are free.

Home prices: our own index from Los Angeles County Assessor sales, 2019 to 2025. Monthly mortgage payment is principal and interest on the median sale with 20% down and a 30-year fixed loan, at each year’s average Freddie Mac rate (3.94% in 2019, 6.60% in 2025); taxes and insurance are not included. Sales: Los Angeles County Assessor.