Foreclosures in Long Beach, CA

Current Market Conditions in Long Beach, CA

Long Beach's real estate market has been showing steady growth, with a consistent increase in home prices over the last year. The demand for properties has been fueled by a growing population and the area's appeal due to its proximity to Los Angeles and the availability of diverse amenities.

The competitive nature of the market means that well-priced homes tend to receive multiple offers, often leading to bidding wars. Buyers should be prepared to act quickly, as inventory levels remain low while demand continues to grow.

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.