Long Beach, CA is an ideal location to buy a home with the median housing value being $1,201,600. This is much higher than the US House Median Value of $338,100 and offers homeowners a great return on their investment. In the past year alone, US house appreciation was 8.27%, while Long Beach saw an even greater appreciation of 6.34%. With such great growth potential and higher than average housing values, Long Beach is an ideal place for anyone looking to purchase a home.
The median home cost in Long Beach (zip 90803) is $1,201,600. Home appreciation the last 10 years has been 122.1%. Home Appreciation in Long Beach (zip 90803) is up 13.3%.
Average Age of Homes
- The median age of Long Beach (zip 90803) real estate is 58 years old
The Rental Market in Long Beach (zip 90803)
- Renters make up 52.4% of the Long Beach (zip 90803) population
- 2.3% of houses and apartments in Long Beach (zip 90803), 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.