Long Beach, CA—90803
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Long Beach, CA
As of Oct '25, the median home price in Long Beach, CA is $1,286,000, with a year-over-year change of -1.5%. This indicates that home prices in Long Beach, CA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,286,000 | -1.5% |
| Single Family | $1,513,000 | -1.2% |
| Condos | $698,000 | -3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $567,000 | -3.6% |
2 Bed | $1,003,000 | -2.9% |
3 Bed | $1,475,000 | -1.3% |
4 Bed | $1,821,000 | -0.6% |
| 5 Bed | $2,341,000 | 0.5% |
% of Housing Stock
Rental Trends — Long Beach, CA
As of July '25, Rentcast reports the average rent in Long Beach, CA is $3,270, with a year-over-year rent change of -1.5%. Per bedroom, the median rent as of July '25 in Long Beach, CA is studios: $1,870, 1-bedrooms: $2,540, 2-bedrooms: $3,630, 3-bedrooms: $5,940, 4-bedrooms: $7,300. The most common rental property sizes in Long Beach, CA are 1-bedroom and 2-bedroom, accounting for 46.7% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $3,270 |
| Studio Rent | $1,800 | $1,870 |
| 1 Bed Rent | $2,200 | $2,540 |
| 2 Bed Rent | $3,500 | $3,630 |
| 3 Bed Rent | $5,200 | $5,940 |
| 4 Bed Rent | $6,500 | $7,300 |
% of Rental Stock
Property Listings — Long Beach, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Long Beach, CA is 58. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,600,000 | -2.0% |
Listing Count | 94 | -12.0% |
| Listings as % of Homes | 0.3% | -12.0% |
Days on Market | 58 | 1.0% |
Demographics — Long Beach, CA
As of the latest ACS Survey released in 2023, Long Beach, CA has a population of 31,800, which has decreased by -1.8% over the past 5 years. Long Beach, CA is a less popular place for families, as children make up 10.5% of the population. The area has a highly educated workforce, with 61.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,800 | -1.8% |
% Under 18 | 10.5% | -7.9% |
% Seniors | 22.1% | 16.9% |
% WFH | 21.1% | 131.9% |
% w/ College Degree | 61.1% | 9.9% |
As of the latest ACS Survey released in 2023, Long Beach, CA is a predominantly white area, with 64.8% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Long Beach, CA is hispanic, making up 18.5% of the population. Foreign-born residents account for 13.8% of the population in Long Beach, CA, and this percentage has increased by 14.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.8% | -6.0% |
% Black | 4.1% | -12.8% |
% Hispanic | 18.5% | 24.2% |
% Asian | 6.7% | -16.2% |
% Foreign Born | 13.8% | 14.0% |
Mortgage and Risk — Long Beach, CA
According to HUD data as of 2023, there were 271 mortgage originations in Long Beach, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Long Beach, CA. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 271 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Long Beach, CA
As of 2024, the percent of homes in Long Beach, CA under the Section 8 program is 0.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Long Beach, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 87 |
Total Units Section 8 | 87 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $450 | $2,200 | $2,650 |
| 2 Bedroom | -$160 | $3,500 | $3,340 |
| 3 Bedroom | -$960 | $5,200 | $4,240 |
| 4 Bedroom | -$1,790 | $6,500 | $4,710 |
Affordability — Long Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.9 |
| Median Home Price | $1,286,000 |
| Median Household Income | $112,000 |