Long Beach, CA—90804
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 $669,000, with a year-over-year change of -2.8%. This indicates that home prices in Long Beach, CA are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $669,000 | -2.8% |
| Single Family | $802,000 | -4.6% |
| Condos | $468,000 | -6.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $432,000 | 1.2% |
2 Bed | $604,000 | -3.4% |
3 Bed | $843,000 | -5.5% |
4 Bed | $1,036,000 | -5.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Long Beach, CA
As of July '25, Rentcast reports the average rent in Long Beach, CA is $2,270, with a year-over-year rent change of 7.6%. Per bedroom, the median rent as of July '25 in Long Beach, CA is studios: $1,570, 1-bedrooms: $1,860, 2-bedrooms: $2,450, 3-bedrooms: $3,780, 4-bedrooms: $3,620. The most common rental property sizes in Long Beach, CA are 2-bedroom and 1-bedroom, accounting for 45.0% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,140 | $2,270 |
| Studio Rent | $1,500 | $1,570 |
| 1 Bed Rent | $1,800 | $1,860 |
| 2 Bed Rent | $2,350 | $2,450 |
| 3 Bed Rent | $3,650 | $3,780 |
| 4 Bed Rent | $2,900 | $3,620 |
% 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 59. This is a increase of 52.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | -1.0% |
Listing Count | 39 | 21.0% |
| Listings as % of Homes | 0.2% | 21.0% |
Days on Market | 59 | 52.0% |
Demographics — Long Beach, CA
As of the latest ACS Survey released in 2023, Long Beach, CA has a population of 38,300, which has decreased by -2.6% over the past 5 years. Long Beach, CA is a moderately popular place for families, as children make up 17.8% of the population. The area has a moderately educated workforce, with 29.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,300 | -2.6% |
% Under 18 | 17.8% | -14.4% |
% Seniors | 8.8% | 20.5% |
% WFH | 11.6% | 163.6% |
% w/ College Degree | 29.9% | 4.5% |
As of the latest ACS Survey released in 2023, Long Beach, CA is a predominantly hispanic area, with 48.0% of the population identifying as hispanic. The hispanic population has grown by 10.9% in the last 5 years. The second most common race or ethnicity in Long Beach, CA is white, making up 23.4% of the population. Foreign-born residents account for 27.8% of the population in Long Beach, CA, and this percentage has increased by 6.9% 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 | 23.4% | -11.4% |
% Black | 12.7% | 3.3% |
% Hispanic | 48.0% | 10.9% |
% Asian | 12.7% | -15.3% |
% Foreign Born | 27.8% | 6.9% |
Mortgage and Risk — Long Beach, CA
According to HUD data as of 2023, there were 178 mortgage originations in Long Beach, CA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Long Beach, CA. Investor activity is low, as 8.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 178 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
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 7.6%. 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 and 2-bedroom and 4-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 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 912 |
Total Units Section 8 | 905 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $1,800 | $1,900 |
| 2 Bedroom | $50 | $2,350 | $2,400 |
| 3 Bedroom | -$600 | $3,650 | $3,050 |
| 4 Bedroom | $480 | $2,900 | $3,380 |
Affordability — Long Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.6 |
| Median Home Price | $669,000 |
| Median Household Income | $68,900 |