The housing in 90807 Long Beach, CA has a median value of $838,500, which is significantly higher than the US median house value of $338,100. Over the past year, the US house appreciation rate was 8.27%, which is lower than the 6.34% appreciation rate in Long Beach. This indicates that housing values in Long Beach are increasing faster than the national average. Despite being more expensive than many other areas in the country, Long Beach remains an attractive option for potential homeowners due to its growing property values and proximity to amenities like beaches, parks and local businesses.
The median home cost in Long Beach (zip 90807) is $838,500. Home appreciation the last 10 years has been 122.1%. Home Appreciation in Long Beach (zip 90807) is up 13.3%.
Average Age of Homes
- The median age of Long Beach (zip 90807) real estate is 63 years old
The Rental Market in Long Beach (zip 90807)
- Renters make up 42.9% of the Long Beach (zip 90807) population
- 1.7% of houses and apartments in Long Beach (zip 90807), 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.