Long Beach, CA 90802 Real Estate Market Report

ZIP Code: 90802
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The primary indicator of market value is the median sold price $667,000, which represents the most recent realized transactions and should drive valuation and underwriting assumptions rather than asking prices.

2. There is a notable spread between the median listing price $725,000 and the median sold price $667,000, which may indicate pricing friction and seller expectation gaps; this gap suggests that some listings are priced above where transactions are closing.

3. Liquidity appears slow based on the median days on market 831, which signals much slower sales velocity than typical market cycles and may increase carrying time risk for sellers and investors who need quick disposition.

4. Market context is mixed: price direction is up year-over-year while market temperature reads neutral, and rent trends are up with interest rate pressure assessed as moderate—together these signals suggest a balanced market where selective assets (e.g., well-located single-family homes) may outperform while condos face more supply-driven pressure; monitor rent growth and interest rate movement for near-term shifts.

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Notable Properties

The following 5 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Long Beach, CA 90802 Real Estate Market Report

ZIP Code: 90802
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The market value signal is the <b>median sold price</b> of <b>$449,500</b>, which serves as the primary indicator of realized transactions; with a higher <b>median listing price</b> of <b>$493,450</b>, this gap may indicate pricing friction between seller expectations and recent closed sales and suggests caution when pricing new listings to achieve a sale.

2. Liquidity appears muted: the <b>median days on market</b> is <b>351</b>, which points to slower sales velocity and suggests sellers may need more time or more aggressive pricing to convert listings into closed transactions.

3. Price direction is constructive but balanced: the regional price trend is <b>up</b> while market temperature is <b>neutral</b>, indicating up for prices alongside a generally balanced transaction environment where neither buyers nor sellers dominate.

4. Unit-level economics show premium pricing and rising rents: the <b>median price per square foot</b> is <b>$559</b> and the <b>median market rent</b> is <b>$2,900</b>, with rent trends noted as <b>up</b>; combined with <b>moderate</b> interest rate pressure, this suggests investor interest may persist but under cautious underwriting assumptions.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.