Long Beach, CA—90813
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 $579,000, with a year-over-year change of -3.6%. This indicates that home prices in Long Beach, CA are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $579,000 | -3.6% |
| Single Family | $654,000 | -4.1% |
| Condos | $421,000 | -5.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $390,000 | -3.0% |
2 Bed | $542,000 | -4.2% |
3 Bed | $687,000 | -4.7% |
4 Bed | $769,000 | -3.5% |
| 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 $1,940, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Long Beach, CA is studios: $1,470, 1-bedrooms: $1,750, 2-bedrooms: $2,240, 3-bedrooms: $3,090, 4-bedrooms: $3,250. The most common rental property sizes in Long Beach, CA are 2-bedroom and 1-bedroom, accounting for 37.3% and 36.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,940 |
| Studio Rent | $1,400 | $1,470 |
| 1 Bed Rent | $1,700 | $1,750 |
| 2 Bed Rent | $2,150 | $2,240 |
| 3 Bed Rent | $2,980 | $3,090 |
| 4 Bed Rent | $3,000 | $3,250 |
% 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 80. This is a increase of 28.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $516,000 | 2.0% |
Listing Count | 36 | 28.0% |
| Listings as % of Homes | 0.1% | 28.0% |
Days on Market | 80 | 28.0% |
Demographics — Long Beach, CA
As of the latest ACS Survey released in 2023, Long Beach, CA has a population of 51,700, which has decreased by -12.4% over the past 5 years. Long Beach, CA is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 51,700 | -12.4% |
% Under 18 | 24.3% | -19.5% |
% Seniors | 10.7% | 52.9% |
% WFH | 7.1% | 115.2% |
% w/ College Degree | 15.9% | 31.4% |
As of the latest ACS Survey released in 2023, Long Beach, CA is a predominantly hispanic area, with 64.1% of the population identifying as hispanic. The hispanic population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Long Beach, CA is asian, making up 12.1% of the population. Foreign-born residents account for 36.5% of the population in Long Beach, CA, and this percentage has decreased by 3.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 9.4% | 19.0% |
% Black | 11.3% | -8.9% |
% Hispanic | 64.1% | -1.7% |
% Asian | 12.1% | -6.2% |
% Foreign Born | 36.5% | -3.7% |
Mortgage and Risk — Long Beach, CA
According to HUD data as of 2023, there were 131 mortgage originations in Long Beach, CA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Long Beach, CA. Investor activity is low, as 12.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 131 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 12.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
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 17.8%. This is considered high, suggesting that the neighborhood is heavily 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 | 2,614 |
Total Units Section 8 | 2,594 |
% Rentals under Section 8 | 17.8% |
% Occupied Section 8 | 88.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $1,700 | $1,810 |
| 2 Bedroom | $140 | $2,150 | $2,290 |
| 3 Bedroom | -$40 | $2,980 | $2,940 |
| 4 Bedroom | $240 | $3,000 | $3,240 |
Affordability — Long Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.5 |
| Median Home Price | $579,000 |
| Median Household Income | $50,300 |