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Sarah Mitchell

CNESRESABR

Compass Real Estate · Long Beach, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Long Beach, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Long Beach, CA Housing Market

Balanced market+1.0% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Long Beach, CA is worth $850,917, rose 1.0% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $852,500, -1.7% year over year (through May 2026). With 3.8 months of supply and homes going under contract in about 41 days, Long Beach is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $850,917 home is about $4,543/mo in principal and interest.

Key numbers for Long Beach, CA

Typical home value

$850,917

+1.0% in 12 months

Zillow, August 2026

Typical asking rent

$2,422/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$852,500

-1.7% year over year

Redfin, through May 2026

Days on market

41

Average pace

Redfin, through May 2026

Active listings

740

3.8 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$83,969

Home costs 10.1x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.0%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Long Beach a buyer's or seller's market?

Balanced market3.8 months of supply41 days on market100.0% of asking

Long Beach, CA is a balanced market, based on 3.8 months of supply and homes selling in about 41 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Long Beach housing market data show?

Every row below is Redfin's final published month for Long Beach, CA. Redfin, through May 2026

Housing market statistics for Long Beach, CA, Redfin through May 2026
MetricValue
Median sale price$852,500
Median list price$885,000
Year-over-year price change-1.7%
Median price per sq ft$639/sq ft
Median days on market41 days
Active inventory740 listings
Months of supply3.8 months
Sale-to-list price ratio100.0%
Homes sold (that month)194
New listings (that month)345
Listings with a price cut20.7%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Long Beach is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Long Beach is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Long Beach home prices moved?

Over the last three years the median sale price in Long Beach, CA rose 15.2%, from $740,000 to $852,500. The live Zillow value series has rose 1.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. 20.7% of Long Beach listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.8 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Long Beach?

Priced off the typical home value of $850,917 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Long Beach, CA
Down paymentCash at closeLoan amountMonthly P&I
20%$170,183$680,733$4,543/mo
5%$42,546$808,371$5,394/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $4,543, that implies roughly $194,685 a year before you add taxes and insurance. The median household in Long Beach earns $83,969, about $110,716 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 10.1x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Long Beach in the next 12 months?

Tell us your timeline. We send the Long Beach market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Long Beach?

Typical asking rent in Long Beach, CA is $2,422/mo, against a typical home value of $850,917. That is a price-to-rent ratio of 29.3x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $4,543 a month — $2,120 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Long Beach?

Active listings in Long Beach, CA went from 866 in May 2025 to 740 in May 2026, a -14.5% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Long Beach, CA
MonthActive listingsNew listings
June 2025807270
July 2025862297
August 2025833271
September 2025793247
October 2025762286
November 2025665172
December 2025537124
January 2026613286
February 2026635257
March 2026709345
April 2026702289
May 2026740345

Redfin, through May 2026

How does Long Beach compare to California and the U.S.?

Long Beach homes sell for $852,500 — 4% below the California median of $887,400. Against the national median of $410,700, Long Beach runs 108% higher. Year-over-year, Long Beach moved -1.7% against California's +3.4% — a smaller swing than the state as a whole.

Long Beach, CA compared with California and the United States
MarketMedian sale priceYoYDays on market
Long Beach, CA$852,500-1.7%41 days
California statewide$887,400+3.4%33 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Long Beach

What buyers should watch

  • Months of supply, currently 3.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 20.7%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $852 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $850,917 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Long Beach listing goes under contract in 41 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Long Beach added 345 new listings against 194 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +1.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Long Beach varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Long Beach

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.

2 bedroom mobile home for sale at 306 N Jade Cove Dr Unit 73A Long Beach - $259,000
$259,000

306 N Jade Cove Dr Unit 73A

Long Beach, CA

2 bd2 ba1,296 sqft$200/ft²
Mobile home
View photos & details
1 bedroom condo for sale at 535 Magnolia Ave Unit 113 Long Beach - $425,000
$425,000

535 Magnolia Ave Unit 113

Long Beach, CA

1 bd1 ba702 sqft$605/ft²
Condo34,918 sqft lot
View photos & details
2 bedroom condo for sale at 1335 Newport Ave Apt 202 Long Beach - $539,000
$539,000

1335 Newport Ave Apt 202

Long Beach, CA

2 bd2 ba1,011 sqft$533/ft²
Condo17,977 sqft lot
View photos & details
4 bedroom house for sale at 40 W Zane St Long Beach - $779,000
$779,000

40 W Zane St

Long Beach, CA

4 bd2 ba1,584 sqft$492/ft²
House4,208 sqft lot
View photos & details
3 bedroom house for sale at 3020 Oregon Ave Long Beach - $860,000
$860,000

3020 Oregon Ave

Long Beach, CA

3 bd1 ba1,015 sqft$847/ft²
House5,401 sqft lot
View photos & details
$890,000

902 Foote Ave

Long Beach, CA

Land5,066 sqft lot
View photos & details
3 bedroom house for sale at 2143 W Arlington St Long Beach - $899,000
$899,000

2143 W Arlington St

Long Beach, CA

3 bd2 ba1,046 sqft$859/ft²
House6,003 sqft lot
View photos & details
3 bedroom house for sale at 5857 E Mezzanine Way Long Beach - $985,000
$985,000

5857 E Mezzanine Way

Long Beach, CA

3 bd2 ba1,175 sqft$838/ft²
House5,428 sqft lot
View photos & details
multi-family for sale at 1060 Cherry Ave Long Beach - $995,000
$995,000

1060 Cherry Ave

Long Beach, CA

4 ba
Multi-family5,597 sqft lot
View photos & details
4 bedroom house for sale at 311 Long Pt Long Beach - $2,200,000
$2,200,000

311 Long Pt

Long Beach, CA

4 bd3 ba2,632 sqft$836/ft²
House3,864 sqft lot
View photos & details
9 bedroom multi-family for sale at 105 Roswell Ave Long Beach - $2,950,000
$2,950,000

105 Roswell Ave

Long Beach, CA

9 bd8 ba5,361 sqft$550/ft²
Multi-family3,110 sqft lot
View photos & details
$3,200,000

4294 Country Club Dr

Long Beach, CA

4 bd5 ba6,073 sqft$527/ft²
House23,727 sqft lot
View photos & details

Looking to buy in Long Beach?

Get connected with a local real estate expert — free, no obligation.

Active listings

740

Homes on market

Median list price

$885K

Avg. days on market

41

Days until sale

New this week

345

Newly listed

Price drops:20.7%of listings
Sale-to-list:100.0%

How much do homes cost in Long Beach by property type?

How the Long Beach, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Long Beach, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$987,000$721/sq ft10632 days
Condo / co-op$505,000$582/sq ft5461 days
Townhouse$899,500$518/sq ft618 days

Who lives in Long Beach?

American Community Survey estimates for Long Beach. U.S. Census ACS, 2023

Population

458,491

Households

171,309

Median income

$83,969/yr

Median age

36.8 years

Owner-occupied

40.9%

Median home value

$762,200

Median gross rent

$1,803/mo

Mean commute

30 min

40.9% of occupied homes in Long Beach are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $762,200 against Zillow's $850,917 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,803/mo, below Zillow's $2,422/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Long Beach?

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

Public

Wilson High

Grades 9-12 · 3,452 students

Public

Millikan High

Grades 9-12 · 3,369 students

Public

Jordan High

Grades 9-12 · 2,207 students

Public

Cabrillo High

Grades 9-12 · 1,721 students

Public

Hughes Middle

Grades 6-8 · 1,260 students

Public

Stanford Middle

Grades 6-8 · 1,157 students

Public

Muir K-8

Grades K-8 · 1,046 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Long Beach, CA?

Ordered by distance from Long Beach, not by size. Compare Long Beach side by side with any of them.

Long Beach housing market FAQ

Is Long Beach a buyer's or seller's market?

Long Beach, CA is currently a balanced market. That read comes from 3.8 months of supply, homes going under contract in about 41 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Long Beach?

The typical home in Long Beach, CA is worth $850,917 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $852,500, about $639 per square foot.

Is Long Beach cheaper than the rest of California?

Long Beach's median sale price of $852,500 is 4% lower than the California statewide median of $887,400, and 108% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Long Beach?

Homes in Long Beach, CA spent a median of 41 days on market before going under contract, versus 33 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Long Beach?

At the current 30-year fixed rate of 7.03%, 20% down on a $850,917 home is about $4,543 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $194,685 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $83,969.

Are home prices rising in Long Beach?

The typical home value in Long Beach, CA rose 1.0% over the last 12 months, from $842,132 to $850,917 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Long Beach?

Long Beach ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Long Beach?

That depends on your timeline, not on a headline. What the data says today: Long Beach, CA is a balanced market with 3.8 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 29.3x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.