As of 2026, the median home price in Long Beach, CA is expected to be between approximately $835,000 and $900,000. This figure represents an increase of about 6-8% compared to the previous year, significantly exceeding the overall median price increase rate in California (3.6%). The data indicates that a seller's market is being maintained, with a lack of inventory being a key factor supporting prices.

Looking at specific figures, the median sale price for homes in Long Beach in May 2026 is reported to be $900,000 according to Redfin. The May report from Cash For Houses CA indicates that 247 homes were sold during this period, with a three-month moving average median price of $879,000. Meanwhile, data from Houzeo shows a median price of $835,000 (an increase of +8.37% year-over-year), but it should be noted that figures may vary depending on the timing and sample range of the survey. The 30-year fixed mortgage rate is currently hovering in the mid-6% range for the first half of 2026.

In terms of inventory trends, Long Beach is measured to have a Months of Supply ranging from approximately 1.28 to 3.2 months. A February 2026 report from the Red Wagon Team noted that inventory decreased to 2.1 months from 2.5 months the previous year, and for single-family homes, it is only 1.57 months. Considering that a balanced market is typically defined by a six-month supply, there is still a severe shortage of inventory. However, analysis from West Blvd Realty indicates that active listings have surpassed 1,000, showing signs of gradual inventory relief.

From a market characteristics perspective, it is noteworthy that the average days on market for listings is 56 days, which is about a 20% reduction compared to the previous year. The sale-to-list price ratio is recorded at 99.55%, indicating that sellers have the upper hand in negotiations. Data shows that multiple offers are still frequently coming in for high-quality turnkey homes. However, there are periods where the days on market can extend to 81 days, indicating polarization based on price range and condition.

• Median sale price (May 2026): approximately $835,000 - $900,000
• Year-over-year price increase rate: approximately 6 - 8%
• Months of Supply: 1.28 - 3.2 months (1.57 months for single-family homes)
• Average days on market: 56 days (down 20% year-over-year)
• Sale-to-list price ratio: 99.55%
• Annual price increase forecast for 2026: 2 - 4%

In conclusion, the Long Beach housing market in 2026 is at a turning point, maintaining a price increase trend while beginning to see gradual inventory recovery. The data suggests that while buyer competition is easing, the absolute price levels remain high. The environment is more favorable for buyers looking to upsize using existing assets rather than first-time buyers, and if the inventory increase continues, the pace of price increases in the second half of the year is likely to slow down. (Sources: Redfin, Houzeo, Cash For Houses CA, Red Wagon Team, West Blvd Realty, based on 2026 data / This article does not constitute investment or legal advice, and it is recommended to consult a professional before making any actual contracts.)