Housing in Long Beach, CA is significantly more expensive than the US median house value of $338,100. The median housing value in Long Beach is $739,900, which marks a significant gap between the two areas. While the US housing market has appreciated by 8.27% over the past year, Long Beach homes have seen an appreciation of 6.34%. Despite this lower rate of appreciation, it is still indicative of a healthy housing market in Long Beach and those interested in buying or selling property may find success in the region.
The median home cost in Long Beach is $739,900. Home appreciation the last 10 years has been 122.1%. Home Appreciation in Long Beach is up 13.3%.
Average Age of Homes
- The median age of Long Beach real estate is 60 years old
The Rental Market in Long Beach
- Renters make up 55.9% of the Long Beach population
- 2.2% of houses and apartments in Long Beach, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.