Long Beach is an attractive location for real estate investment, thanks to its robust job market, significant demand for rentals, and a wide variety of neighborhoods, providing numerous opportunities for investors.

As of November 2023, the average listing price for a home in Long Beach, California, was $820,000. This represents a 7.4% increase compared to the previous year. The average price per square foot for these listings was $626, and the median price for homes that sold was also $820,000.

Long Beach, CA, distinguishes itself with its dynamic blend of a sunny coastline, a busy port, and a lively downtown. This coastal city is celebrated for its diverse cultural heritage and history, offering an exceptional mix of urban convenience and beachside allure.

As of November 2023, the housing market in Long Beach has experienced a 7.5% increase in home prices from the previous year, reaching a median price of $822K. Homes typically spend an average of 42 days on the market, slightly longer than the 39-day average of the previous year. In terms of sales volume, 174 homes were sold in November this year, showing a slight increase from the 166 homes sold in the same month last year.