Long Beach, CA Housing Market Report

The Long Beach housing market is currently navigating a period of transition as we conclude 2025. While the year-over-year median home value has seen a slight decline of 1.25% to $830,459, the most recent six-month trend indicates a steady recovery in pricing power. Active inventory has surged by 11.53% over the past year, reaching 18,566 units. This increase in supply, coupled with homes spending an average of 65 days on the market—a 12-day increase from last year—suggests a shift toward a more balanced environment. Buyers now have significantly more leverage and selection than they did eighteen months ago.

Despite the annual dip, the short-term price trajectory is notably positive. Since July 2025, values have climbed consistently from $813,278 to the current December figure of $830,459. This upward momentum during the latter half of the year suggests that demand remains resilient even as inventory expands. The sale-to-list ratio holding steady at 1 indicates that properties are generally selling at their asking prices, reflecting a disciplined market where sellers are pricing realistically and buyers are meeting those expectations without the frantic overbidding seen in previous cycles.

Looking ahead, the Long Beach market presents a unique window of opportunity for both parties. For sellers, the recent month-over-month price appreciation suggests that well-maintained homes in desirable neighborhoods still command premium values. For buyers, the rise in inventory and longer days on market provide a much-needed buffer to conduct due diligence and negotiate. However, the rental market continues to tighten, with median rents rising 2.63% to $2,261. This persistent increase in the cost of renting may continue to push long-term residents toward homeownership, providing a steady floor for property values in the Los Angeles-Long Beach-Anaheim metro area.