The housing market in Long Beach, CA (90805) is quite expensive, with a median value of $646,100. This is almost double the US median house value of $338,100. Despite this high price tag, the area has seen steady appreciation over the past year at 6.34%, just slightly below the 8.27% national average. With its picturesque location on the Pacific Coast and proximity to both Los Angeles and Orange County, Long Beach remains an attractive home-buying option for many Californians despite its relatively high cost of living.
The median home cost in Long Beach (zip 90805) is $646,100. Home appreciation the last 10 years has been 122.1%. Home Appreciation in Long Beach (zip 90805) is up 13.3%.
Average Age of Homes
- The median age of Long Beach (zip 90805) real estate is 59 years old
The Rental Market in Long Beach (zip 90805)
- Renters make up 53.9% of the Long Beach (zip 90805) population
- 0.7% of houses and apartments in Long Beach (zip 90805), 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.