Long Beach, CA

Long Beach, California, presents a dynamic and evolving real estate landscape, characterized by rising home values, shifting buyer preferences, and active investment opportunities.

Long Beach, California, presents a dynamic and evolving real estate landscape, characterized by rising home values, shifting buyer preferences, and active investment opportunities.

 
Residential Market Overview
Home Values: The average home value in Long Beach stands at approximately $854,845, reflecting a 2.7% increase over the past year. Zillow
Median Sale Price: As of early 2025, the median sale price is around $748,333, with homes typically going pending in about 20 days, indicating a competitive market. Zillow+2Zillow+2Redfin+2
Market Activity: Approximately 44.6% of homes are selling above the list price, showcasing strong demand.
 
Neighborhood Highlights
Long Beach encompasses 66 diverse neighborhoods, each offering unique living experiences:

Downtown Long Beach: A vibrant urban center with a mix of historic and modern residences, close to entertainment and dining options.
Bixby Park: Known for its community feel and proximity to the beach, attracting those seeking a coastal lifestyle.
Central Long Beach: Offers a blend of residential and commercial areas, appealing to a wide range of buyers.
 
Investment and Multifamily Market
Increased Sales Activity: In 2024, sales of multifamily properties (5–20 units) surged by 40%, indicating robust investor interest. Sage Real Estate
Cap Rates: Average cap rates rose to 5.6%, up from 4.8% in 2023, suggesting improved returns for investors despite a 14–16% decline in property values. 
 
Buyer Preferences and Trends
Shift to Suburban Living: Post-pandemic, there's a noticeable trend towards suburban areas, with buyers seeking larger homes and outdoor spaces. westblvdrealty.com
Home Features: Properties with dedicated office spaces and ample outdoor areas are in higher demand, reflecting changes in work and lifestyle preferences.
 
Affordability and Policy Initiatives
Affordable Housing Efforts: Mayor Rex Richardson's "Long Beach Housing Promise" aims to expand affordable housing options, particularly for students and families, addressing the city's housing challenges.

Long Beach, CA Properties

$1,049,285

Average Listing Price

785

Active Listings

$729

Price/Sq Ft.

0.1274%

Foreclosures / REO

Find a Home in Long Beach, CA

New Listings (54)
Foreclosure Listings (1)
Short Sale Listings (2)
Single Family Homes for Sale (285)
Condos & Townhomes for Sale (297)

About the Neighborhood

There are community events
Neighbors are friendly
There's holiday spirit
Great schools
Great for retirees
Car is needed
It's walkable to grocery stores
It's walkable to restaurant
Easy commutes
Good transit
Parking is easy
There are sidewalks
Yards are well-kept
Streets are well-lit
Great hospitals
Parks and playgrounds
It's quiet
It's dog friendly
Kids play outside
Great nightlife
Beach life
Golfing

More Neighborhoods

Based on information from California Regional Multiple Listing Service, Inc. as of Jun 5, 2026 1:35:pm. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.