
306 N Jade Cove Dr Unit 73A
Long Beach, CA
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Featured local agent — Long Beach, CA
Compass Real Estate · Long Beach, CA
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Housing market overview · Updated monthly ·
$852,500median sale price
The median home sale price in Long Beach, CA is $852,500, down 1.7% year-over-year. Homes sell in an average of 41 days with 740 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Long Beach, CA is currently a balanced market, based on 3.8 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
194
Last 12 weeks
Days on market
41
Average pace
Active listings
740
3.8 months supply
Sale-to-list
100.0%
Below asking
| Metric | Value |
|---|---|
| Median sale price | $852,500 |
| Median list price | $885,000 |
| Year-over-year price change | -1.7% |
| Average days on market | 41 days |
| Active inventory | 740 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $639/sq ft |
| Homes sold (latest month) | 194 |
| New listings (latest month) | 345 |
| Listings with a price cut | 20.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How the Long Beach, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $987,000 | $721/sq ft | 106 | 32 days |
| Condo / Co-op | $505,000 | $582/sq ft | 54 | 61 days |
| Townhouse | $899,500 | $518/sq ft | 6 | 18 days |
Source: Redfin · Updated monthly
The Long Beach housing market is currently classified as a balanced market with a median sale price of $852,500. Prices have fallen 1.7% compared to last year, with homes spending an average of 41 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.3x provides context for how home values compare to local earning capacity.
There are currently 740 homes listed for sale in Long Beach, California. The median listing price is $885K. Featured listings range from $259,000 to $3,200,000.

Long Beach, CA

Long Beach, CA

Long Beach, CA

Long Beach, CA

Long Beach, CA
Long Beach, CA

Long Beach, CA

Long Beach, CA

Long Beach, CA

Long Beach, CA

Long Beach, CA
Long Beach, CA
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Active listings
740
Homes on market
Median list price
$885K
Avg. days on market
41
Days until sale
New this week
345
Newly listed
Population
458,491
Median income
$83,969/yr
Median age
36.8 years
Owner-occupied
40.9%
College grads
34.8%
Avg commute
30 min
Source: U.S. Census Bureau ACS
Zillow home value
$862,989
Zillow rent index
$2,364/mo
Price-to-rent ratio
30.4x
Price-to-income
10.3x
Source: Zillow Research
Long Beach is a community of approximately 458K residents with a median age of 36.8 years.The median household income is $83,969, which reflects a relatively affluent area with strong earning potential. 34.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 40.9%, showing a blend of owner and renter-occupied properties. The average commute time is 30 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Long Beach offers a balanced lifestyle with accessible home values relative to local income levels.
50 schools tracked · 48,492 students
The largest public schools serving Long Beach, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Polytechnic High
Grades 9-12 · 3,954 students
Wilson High
Grades 9-12 · 3,452 students
Millikan High
Grades 9-12 · 3,369 students
Jordan High
Grades 9-12 · 2,207 students
Cabrillo High
Grades 9-12 · 1,721 students
Hughes Middle
Grades 6-8 · 1,260 students
Stanford Middle
Grades 6-8 · 1,157 students
Muir K-8
Grades K-8 · 1,046 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Long Beach side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Long Beach, the price-to-rent ratio of 30.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 1.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Long Beach's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Long Beach's median home price.
The median home sale price in Long Beach is $852,500, down 1.7% from last year.
Homes typically spend 41 days on market before going under contract.
The median household income is $83,969 per year.
With 3.8 months of supply, Long Beach is currently a balanced market.
There are currently 740 homes listed for sale in Long Beach, CA.
The Zillow Home Value Index (ZHVI) for Long Beach is $862,989, representing the typical home value in the area.
The median condo/co-op sale price in Long Beach, CA is $505,000, compared to $987,000 for a single-family home, based on the latest Redfin data.
The median single-family home price in Long Beach, CA is $987,000 (about $721 per square foot).
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