Long Beach, CA—90805
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 $694,000, with a year-over-year change of -1.9%. 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 | $694,000 | -1.9% |
| Single Family | $699,000 | -2.1% |
| Condos | $397,000 | -4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $467,000 | -1.1% |
2 Bed | $641,000 | -1.7% |
3 Bed | $722,000 | -2.2% |
4 Bed | $778,000 | -1.9% |
| 5 Bed | $856,000 | -1.4% |
% of Housing Stock
Rental Trends — Long Beach, CA
As of July '25, Rentcast reports the average rent in Long Beach, CA is $2,440, with a year-over-year rent change of 6.1%. Per bedroom, the median rent as of July '25 in Long Beach, CA is studios: $1,520, 1-bedrooms: $1,870, 2-bedrooms: $2,430, 3-bedrooms: $3,290, 4-bedrooms: $3,900. The most common rental property sizes in Long Beach, CA are 2-bedroom and 1-bedroom, accounting for 43.0% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,440 |
| Studio Rent | $1,500 | $1,520 |
| 1 Bed Rent | $1,800 | $1,870 |
| 2 Bed Rent | $2,300 | $2,430 |
| 3 Bed Rent | $3,100 | $3,290 |
| 4 Bed Rent | $3,900 | $3,900 |
% 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 43. This is a increase of 7.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $718,000 | 4.0% |
Listing Count | 74 | -14.0% |
| Listings as % of Homes | 0.2% | -14.0% |
Days on Market | 43 | 7.0% |
Demographics — Long Beach, CA
As of the latest ACS Survey released in 2023, Long Beach, CA has a population of 94,600, which has decreased by -2.1% over the past 5 years. Long Beach, CA is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 94,600 | -2.1% |
% Under 18 | 25.6% | -12.0% |
% Seniors | 10.3% | 22.6% |
% WFH | 8.1% | 285.7% |
% w/ College Degree | 17.5% | 32.6% |
As of the latest ACS Survey released in 2023, Long Beach, CA is a predominantly hispanic area, with 58.8% of the population identifying as hispanic. The hispanic population has remained stable in the last 5 years. The second most common race or ethnicity in Long Beach, CA is black, making up 18.5% of the population. Foreign-born residents account for 30.0% of the population in Long Beach, CA, and this percentage has increased by 1.0% 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 | 7.7% | 0.0% |
% Black | 18.5% | -6.6% |
% Hispanic | 58.8% | 0.0% |
% Asian | 11.8% | 9.3% |
% Foreign Born | 30.0% | 1.0% |
Mortgage and Risk — Long Beach, CA
According to HUD data as of 2023, there were 562 mortgage originations in Long Beach, CA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Long Beach, CA. Investor activity is low, as 4.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 562 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
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 13.1%. 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 | 2,787 |
Total Units Section 8 | 2,073 |
% Rentals under Section 8 | 13.1% |
% Occupied Section 8 | 87.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,800 | $1,810 |
| 2 Bedroom | -$10 | $2,300 | $2,290 |
| 3 Bedroom | -$160 | $3,100 | $2,940 |
| 4 Bedroom | -$660 | $3,900 | $3,240 |
Affordability — Long Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.5 |
| Median Home Price | $694,000 |
| Median Household Income | $68,600 |