Long Beach, NY—11561
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Long Beach, NY
As of Oct '25, the median home price in Long Beach, NY is $811,000, with a year-over-year change of 1.5%. This indicates that home prices in Long Beach, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $811,000 | 1.5% |
| Single Family | $838,000 | 0.4% |
| Condos | $574,000 | 0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $498,000 | 1.2% |
2 Bed | $717,000 | 0.6% |
3 Bed | $844,000 | 1.4% |
4 Bed | $1,028,000 | 1.6% |
| 5 Bed | $1,194,000 | 1.4% |
% of Housing Stock
Rental Trends — Long Beach, NY
As of July '25, Rentcast reports the average rent in Long Beach, NY is $3,880, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Long Beach, NY is studios: $2,450, 1-bedrooms: $2,950, 2-bedrooms: $4,070, 3-bedrooms: $4,580, 4-bedrooms: $5,820. The most common rental property sizes in Long Beach, NY are 3-bedroom and 1-bedroom, accounting for 29.5% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,880 |
| Studio Rent | $2,200 | $2,450 |
| 1 Bed Rent | $2,700 | $2,950 |
| 2 Bed Rent | $3,500 | $4,070 |
| 3 Bed Rent | $3,900 | $4,580 |
| 4 Bed Rent | $5,500 | $5,820 |
% of Rental Stock
Property Listings — Long Beach, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Long Beach, NY is 79. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $875,000 | -6.0% |
Listing Count | 257 | 4.0% |
| Listings as % of Homes | 0.7% | 4.0% |
Days on Market | 79 | -8.0% |
Demographics — Long Beach, NY
As of the latest ACS Survey released in 2023, Long Beach, NY has a population of 38,800, which has increased by 3.1% over the past 5 years. Long Beach, NY is a less popular place for families, as children make up 13.6% of the population. The area has a highly educated workforce, with 52.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,800 | 3.1% |
% Under 18 | 13.6% | -12.8% |
% Seniors | 21.0% | 8.8% |
% WFH | 15.5% | 181.8% |
% w/ College Degree | 52.8% | 3.1% |
As of the latest ACS Survey released in 2023, Long Beach, NY is a predominantly white area, with 73.4% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Long Beach, NY is hispanic, making up 13.9% of the population. Foreign-born residents account for 14.4% of the population in Long Beach, NY, and this percentage has increased by 9.1% 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 | 73.4% | -3.5% |
% Black | 4.2% | -31.1% |
% Hispanic | 13.9% | 9.4% |
% Asian | 4.9% | 63.3% |
% Foreign Born | 14.4% | 9.1% |
Mortgage and Risk — Long Beach, NY
According to HUD data as of 2023, there were 369 mortgage originations in Long Beach, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Long Beach, NY. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 369 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 4.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Long Beach, NY
As of 2024, the percent of homes in Long Beach, NY under the Section 8 program is 8.9%. 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. In Long Beach, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 906 |
Total Units Section 8 | 532 |
% Rentals under Section 8 | 8.9% |
% Occupied Section 8 | 75.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $2,700 | $2,530 |
| 2 Bedroom | -$580 | $3,500 | $2,920 |
| 3 Bedroom | -$110 | $3,900 | $3,790 |
| 4 Bedroom | -$1,440 | $5,500 | $4,060 |
Affordability — Long Beach, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $811,000 |
| Median Household Income | $133,000 |