Long Beach Real Estate Market Report
Executive Summary
The Long Beach, CA real estate market is currently classified as a balanced market. The median asking price is $649K, down 23.7% over the past 30 days.
There are currently 802 active listings, representing 4.5 months of inventory. 329 properties have sold in the past 90 days at a median sold price of $900K. Inventory has increased 67.8% compared to last month.
Currently, listings spend an average of 39 days on market and the average price per square foot is $494.
Detached properties make up the largest share of the Long Beach market at 44% of active listings with an average price of $1.1M. Condo listings follow at 49% (avg $490K).
Sales Activity & Absorption
Volume
Market Signals
179 properties sold in the past 30 days, 324 new listings appeared in the past month, 266 sellers reduced their asking price.
Market Balance
Months of Inventory
At 4.5 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| NORTH LONG BEACH | 81 | $663K |
| DOWNTOWN | 75 | $532K |
| ALAMITOS BEACH | 71 | $536K |
| BELMONT SHORE | 27 | $1.2M |
| NAPLES | 24 | $3.5M |
| POLY HIGH | 24 | $548K |
| BELMONT HEIGHTS | 24 | $1.1M |
| EASTSIDE | 23 | $750K |
| WRIGLEY AREA | 17 | $687K |
| BIXBY KNOLLS | 15 | $779K |
| PENINSULA | 13 | $3.1M |
| MARINA PACIFICA | 11 | $720K |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Long Beach market currently has 802 active listings with a median price of $649K and 4.5 months of inventory.
- Prices declining (-23.7% in 30 days)
- High price reduction rate (33% of listings)
- High sell-through rate (100%)
- Average price per square foot is $494
- Sold properties averaged 12 days on market
Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS listings as of April 1, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.