Long Beach, CA—90815
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 $1,007,000, 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 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,007,000 | -0.6% |
| Single Family | $1,027,000 | -0.9% |
| Condos | $528,000 | -3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $430,000 | -3.4% |
2 Bed | $825,000 | -0.6% |
3 Bed | $1,005,000 | -1.1% |
4 Bed | $1,131,000 | -0.5% |
| 5 Bed | $1,376,000 | 0.4% |
% of Housing Stock
Rental Trends — Long Beach, CA
As of July '25, Rentcast reports the average rent in Long Beach, CA is $3,250, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in Long Beach, CA is studios: $1,890, 1-bedrooms: $2,110, 2-bedrooms: $2,740, 3-bedrooms: $4,620, 4-bedrooms: $4,830. The most common rental property sizes in Long Beach, CA are 2-bedroom and 1-bedroom, accounting for 43.1% and 23.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $3,250 |
| Studio Rent | $1,600 | $1,890 |
| 1 Bed Rent | $2,150 | $2,110 |
| 2 Bed Rent | $2,650 | $2,740 |
| 3 Bed Rent | $4,600 | $4,620 |
| 4 Bed Rent | $5,000 | $4,830 |
% 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 4.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,140,000 | 5.0% |
Listing Count | 80 | 29.0% |
| Listings as % of Homes | 0.3% | 29.0% |
Days on Market | 39 | 4.0% |
Demographics — Long Beach, CA
As of the latest ACS Survey released in 2023, Long Beach, CA has a population of 43,500, which has increased by 5.9% over the past 5 years. Long Beach, CA is a moderately popular place for families, as children make up 19.2% of the population. The area has a highly educated workforce, with 53.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,500 | 5.9% |
% Under 18 | 19.2% | 3.2% |
% Seniors | 14.8% | 0.0% |
% WFH | 17.2% | 142.3% |
% w/ College Degree | 53.5% | 8.3% |
As of the latest ACS Survey released in 2023, Long Beach, CA is a predominantly white area, with 51.1% of the population identifying as white. The white population has shrunk by 11.6% in the last 5 years. The second most common race or ethnicity in Long Beach, CA is hispanic, making up 24.4% of the population. Foreign-born residents account for 13.6% of the population in Long Beach, CA, and this percentage has decreased by 6.8% 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 | 51.1% | -11.6% |
% Black | 6.9% | 25.5% |
% Hispanic | 24.4% | 20.8% |
% Asian | 11.8% | -5.6% |
% Foreign Born | 13.6% | -6.8% |
Mortgage and Risk — Long Beach, CA
According to HUD data as of 2023, there were 497 mortgage originations in Long Beach, CA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Long Beach, CA. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 497 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
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 3.2%. 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 | 269 |
Total Units Section 8 | 253 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 87.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $2,150 | $2,350 |
| 2 Bedroom | $320 | $2,650 | $2,970 |
| 3 Bedroom | -$830 | $4,600 | $3,770 |
| 4 Bedroom | -$820 | $5,000 | $4,180 |
Affordability — Long Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.8 |
| Median Home Price | $1,007,000 |
| Median Household Income | $117,000 |