Foreclosures in Long Beach, CA 90808

Buyer vs Seller Market in Long Beach, CA

The Long Beach real estate market is currently experiencing a shift with increasing demand for single-family homes and condos, especially in desirable neighborhoods like Belmont Shore and Bixby Knolls. Recently, there has been a steady rise in property values, driven by low inventory and a growing population seeking coastal living.

Investors and homeowners alike are noticing that Long Beach offers a competitive rental market, with many properties yielding attractive returns. The city's cultural amenities and convenience also influence buyers favorably.

Rent Prices In Long Beach, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Long Beach, CA, is on a rollercoaster ride. The average rent price in Long Beach, CA, is $2,498.00. Indeed, when looking to rent in Long Beach, CA, you can expect to pay as little as $810.00 or as much as $6,660.00, with the average rent median estimated to be $2,390.00. The good news is that finding an affordable and desirable property to rent in Long Beach, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.