Market Snapshot
- Median rent
- $1,995/mo
- Days on market
- 404 days
The median market rent in Long Beach, CA ZIP 90802 is $1,995/month as of June 2026.
The median days on market in Long Beach, CA ZIP 90802 is 404 days as of June 2026. The market is currently neutral.
Long Beach, CA 90802 Real Estate Market Report
ZIP Code: 90802
Report Date: June 2026
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.
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.
Market Metrics
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.
Rental Market
Property Taxes
Liquidity & Velocity
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.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Long Beach, CA, are approximately 6.6% compared to the 5.5% average seen earlier in 2026, reflecting a market-wide increase in borrowing costs.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- median sold price: 304,000 — As the primary indicator of recent transaction activity, this median sold price combined with a up price year-over-year trend suggests measured appreciation in the 90802 market rather than speculative spikes.
- median days on market: 404 — The long median days on market points to slower sales velocity, which, when paired with observed listing conditions, may indicate pricing friction and elevated inventory relative to sales activity that can prolong time-to-contract.
- median price per square foot: 735 — At 735 per square foot, price positioning is elevated for coastal Long Beach product; combined with a median market rent: 1,995 and a up rent year-over-year trend, rental strength is supporting underlying property value for investors and owner-occupiers.
- interest rate context: Current 30-year fixed mortgage rates in Long Beach, CA, are approximately 6.6% compared to the 5.5% average seen earlier in 2026 — The observed increase in borrowing costs, alongside moderate interest rate pressure, may constrain buying power and contribute to slower transaction throughput despite steady price levels.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold above market average
Sold above market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 0.8% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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