Long Beach Real Estate Market Report

The Long Beach, CA real estate market is currently classified as a buyer's market. The MLS composite benchmark price is $938K, up 17.2% year-over-year.

There are currently 581 active listings, representing 193.7 months of inventory. According to Long Beach Market Report (SDMLS computed), there were 28 sales and 297 new listings in April 2026. Inventory has increased 47.5% compared to last month.

Currently, listings spend an average of 62 days on market and the average price per square foot is $607.

Board Data vs Our Listings

MetricLong Beach Market Report (SDMLS computed)Our Listings
Benchmark / Median Price$938K$750K
Average Price$938K$986K
Active Listings581581
Detached Benchmark$1.1M$1.5M
Townhouse Benchmark$1.5M$1.1M
Apartment Benchmark$454K$608K

Detached properties make up the largest share of the Long Beach market at 44% of active listings with an average price of $1.5M. Condo listings follow at 51% (avg $608K).

Sales Activity & Absorption

Volume

3
Sold (30d)
27
Sold (90d)
62
Avg DOM
187
New (30d)

Market Signals

91
Price Cuts (30d)
53
New (7d)
38%
Sell-Through
95.5%
List-to-Sale

Long Beach Market Report (SDMLS computed) reported 28 sales this period, 187 new listings appeared in the past month, 91 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
193.7months
Strong Buyer's Market
Sales-to-New Listings (SNLR)9.4%

New listings outpace demand — buyers have more options.

Sell-Through Rate37.5%
Inventory Change (30d)+47.5%
Site Active Listings581

With 193.7 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg PriceSold (12 mo)
DOWNTOWN52$552K84
ALAMITOS BEACH45$721K84
NORTH LONG BEACH33$711K131
BELMONT HEIGHTS18$1.2M59
WRIGLEY AREA16$854K43
NAPLES15$4.0M24
BLUFF PARK15$1.9M22
BELMONT SHORE14$1.4M46
LOS ALTOS/SOUTH OF FWY14$1.3M43
BIXBY KNOLLS12$977K48
EASTSIDE12$664K36
POLY HIGH10$687K17

Sold figures computed from SDMLS records for the last 12 months, updated continuously from our MLS data feed.

Avg 1 schools nearbyAvg 4 parks nearbyAvg 14 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $750K, 20% down, 25yr amortization
$3,490/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Long Beach market currently has 581 active listings with a median price of $750K and 193.7 months of inventory.

According to Long Beach Market Report (SDMLS computed), the composite benchmark price is $938K (+17.2% year-over-year). There were 28 sales recorded

  • High inventory (193.7 months) favors buyers
  • Prices declining (-28.2% in 30 days)
  • High price reduction rate (16% of listings)
  • Low sell-through rate (38%)
  • Slow-moving market (62 avg days on market)
  • Average price per square foot is $607
  • Sold properties averaged 36 days on market

For Buyers

With more inventory and less competition, buyers in Long Beach have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 53 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 91 listings have reduced their price in the past 30 days. The current sell-through rate is 38%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily, with board statistics from Long Beach Market Report (SDMLS computed). Prepared by Carlos Escaba with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of July 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.