Long Beach, CA—90808
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 $1,000,000, with a year-over-year change of 0.2%. This indicates that home prices in Long Beach, CA are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,000,000 | 0.2% |
| Single Family | $1,002,000 | 0.2% |
| Condos | $557,000 | -3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $847,000 | 0.2% |
3 Bed | $985,000 | 0.1% |
4 Bed | $1,150,000 | 1.4% |
| 5 Bed | $1,292,000 | 2.2% |
% of Housing Stock
Rental Trends — Long Beach, CA
As of July '25, Rentcast reports the average rent in Long Beach, CA is $3,580, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Long Beach, CA is 1-bedrooms: $1,690, 2-bedrooms: $3,200, 3-bedrooms: $5,090, 4-bedrooms: $5,500. The most common rental property sizes in Long Beach, CA are 2-bedroom and 3-bedroom, accounting for 35.2% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,460 | $3,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,800 | $1,690 |
| 2 Bed Rent | $2,900 | $3,200 |
| 3 Bed Rent | $4,900 | $5,090 |
| 4 Bed Rent | $5,480 | $5,500 |
% 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 39. This is a increase of 18.0% 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 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 | $1,140,000 | -1.0% |
Listing Count | 64 | 20.0% |
| Listings as % of Homes | 0.3% | 20.0% |
Days on Market | 39 | 18.0% |
Demographics — Long Beach, CA
As of the latest ACS Survey released in 2023, Long Beach, CA has a population of 39,400, which has increased by 1.3% over the past 5 years. Long Beach, CA is a moderately popular place for families, as children make up 22.1% of the population. The area has a highly educated workforce, with 46.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,400 | 1.3% |
% Under 18 | 22.1% | 7.3% |
% Seniors | 20.3% | 32.7% |
% WFH | 18.0% | 252.9% |
% w/ College Degree | 46.3% | 7.9% |
As of the latest ACS Survey released in 2023, Long Beach, CA is a predominantly white area, with 51.2% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Long Beach, CA is hispanic, making up 26.4% of the population. Foreign-born residents account for 13.1% of the population in Long Beach, CA, and this percentage has increased by 8.3% 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 | 51.2% | -10.0% |
% Black | 4.1% | -26.8% |
% Hispanic | 26.4% | 12.3% |
% Asian | 11.4% | 16.3% |
% Foreign Born | 13.1% | 8.3% |
Mortgage and Risk — Long Beach, CA
According to HUD data as of 2023, there were 643 mortgage originations in Long Beach, CA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Long Beach, CA. Investor activity is low, as 1.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 643 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
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 2.2%. 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 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 and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 61 |
Total Units Section 8 | 60 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $700 | $1,800 | $2,500 |
| 2 Bedroom | $250 | $2,900 | $3,150 |
| 3 Bedroom | -$900 | $4,900 | $4,000 |
| 4 Bedroom | -$1,040 | $5,480 | $4,440 |
Affordability — Long Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $1,000,000 |
| Median Household Income | $132,000 |