The housing market in 90802 Long Beach, CA is quite competitive. The median value of a home in this area is $519,900, which is significantly higher than the US median house value of $338,100. In comparison to the rest of the United States, this area has had a slower rate of house appreciation over the past year at 6.34%, compared to 8.27%. Despite this lower rate of growth however, it's clear that housing in 90802 Long Beach, CA will likely remain highly valuable for years to come.
The median home cost in Long Beach (zip 90802) is $519,900. Home appreciation the last 10 years has been 122.1%. Home Appreciation in Long Beach (zip 90802) is up 13.3%.
Average Age of Homes
- The median age of Long Beach (zip 90802) real estate is 53 years old
The Rental Market in Long Beach (zip 90802)
- Renters make up 69.1% of the Long Beach (zip 90802) population
- 3.5% of houses and apartments in Long Beach (zip 90802), 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.