Long Beach, CA—90814
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 $966,000, with a year-over-year change of -0.6%. This indicates that home prices in Long Beach, CA are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $966,000 | -0.6% |
| Single Family | $1,215,000 | 0.5% |
| Condos | $521,000 | -5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $434,000 | -7.3% |
2 Bed | $769,000 | -1.7% |
3 Bed | $1,288,000 | 1.0% |
4 Bed | $1,614,000 | 0.4% |
| 5 Bed | $1,853,000 | 2.1% |
% of Housing Stock
Rental Trends — Long Beach, CA
As of July '25, Rentcast reports the average rent in Long Beach, CA is $2,660, with a year-over-year rent change of 19.3%. Per bedroom, the median rent as of July '25 in Long Beach, CA is studios: $1,750, 1-bedrooms: $1,920, 2-bedrooms: $2,890, 3-bedrooms: $4,260, 4-bedrooms: $4,000. The most common rental property sizes in Long Beach, CA are 2-bedroom and 1-bedroom, accounting for 46.6% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,660 |
| Studio Rent | $1,550 | $1,750 |
| 1 Bed Rent | $1,850 | $1,920 |
| 2 Bed Rent | $2,750 | $2,890 |
| 3 Bed Rent | $3,900 | $4,260 |
| 4 Bed Rent | $4,000 | $4,000 |
% 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 57. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $592,000 | -25.0% |
Listing Count | 36 | -7.0% |
| Listings as % of Homes | 0.1% | -7.0% |
Days on Market | 57 | 1.0% |
Demographics — Long Beach, CA
As of the latest ACS Survey released in 2023, Long Beach, CA has a population of 20,700, which has increased by 11.2% over the past 5 years. Long Beach, CA is a moderately popular place for families, as children make up 17.4% of the population. The area has a highly educated workforce, with 55.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,700 | 11.2% |
% Under 18 | 17.4% | 12.3% |
% Seniors | 12.4% | 0.0% |
% WFH | 21.6% | 307.5% |
% w/ College Degree | 55.9% | 7.9% |
As of the latest ACS Survey released in 2023, Long Beach, CA is a predominantly white area, with 52.0% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Long Beach, CA is hispanic, making up 30.4% of the population. Foreign-born residents account for 12.6% of the population in Long Beach, CA, and this percentage has decreased by 21.3% 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 | 52.0% | -3.0% |
% Black | 6.2% | -27.1% |
% Hispanic | 30.4% | 20.6% |
% Asian | 6.9% | -25.8% |
% Foreign Born | 12.6% | -21.3% |
Mortgage and Risk — Long Beach, CA
According to HUD data as of 2023, there were 189 mortgage originations in Long Beach, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Long Beach, CA. Investor activity is low, as 5.0% 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 | 189 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% 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 3.4%. 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 | 226 |
Total Units Section 8 | 226 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 90.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,850 | $2,170 |
| 2 Bedroom | -$10 | $2,750 | $2,740 |
| 3 Bedroom | -$420 | $3,900 | $3,480 |
| 4 Bedroom | -$140 | $4,000 | $3,860 |
Affordability — Long Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.4 |
| Median Home Price | $966,000 |
| Median Household Income | $98,100 |