New - 1 hour on Rocket
$6,175 Closing Credit¹
#OC25038733, Charles Huynh, Listing Office: Compass
Long Beach-Lakewood Housing Market Report January 2025•Los Angeles County, California
Housing Prices in Long Beach-Lakewood, CA
How much do homes in Long Beach-Lakewood, CA cost?
Housing Market Conditions
Is Long Beach-Lakewood, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Long Beach-Lakewood is a Seller's Market
Difference Since January 2024
Since last year, Long Beach-Lakewood has remained a Seller's Market.
Insight
Long Beach-Lakewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$834,511$632/SqFt
+$38,850
+4.9%
Based on all homes sold in the last 12 months
Insight
Homes in Long Beach-Lakewood have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Long Beach-Lakewood was $834,511 in January 2025, up 4.9% from last year, and the median price per square foot was $632.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Signal Hill | $604.9K | $650K | +7.4% |
| Long Beach | $781.2K | $825.1K | +5.6% |
| Long Beach-Lakewood | $795.6K | $834.5K | +4.9% |
| Lakewood | $814.8K | $851.8K | +4.5% |
| Bellflower | $739K | $770K | +4.2% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $437.5K | $449K | +2.6% |
| 22 Bedrooms | $649.1K | $668.7K | +3.0% |
| 33 Bedrooms | $868.1K | $908.1K | +4.6% |
| 44 Bedrooms | $1.0M | $1.2M | +20.0% |
| 55+ Bedrooms | $1.2M | $1.4M | +12.0% |
Summary: Long Beach-Lakewood housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.6%. The home price for 2 bedroom homes increased by +3.0%. The home price for 3 bedroom homes increased by +4.6%. The home price for 4 bedroom homes increased by +20.0%. The home price for 5 bedroom homes increased by +12.0%.
Housing supply in Long Beach-Lakewood, CA
How many homes are available in Long Beach-Lakewood, CA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 789Last MonthJan 2025 | ||
| 7612 months agoDec 2024 | +3.7 % Change MoMDec – Jan |
Summary: The Long Beach-Lakewood real estate market had 789 homes for sale in Jan 2025, a 3.7 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 183Last MonthJan 2025 | ||
| 1992 months agoDec 2024 | -8.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 110 | 125 | +13.6% |
| 22 Bedrooms | 244 | 244 | 0.0% |
| 33 Bedrooms | 270 | 276 | +2.2% |
| 44 Bedrooms | 98 | 90 | -8.2% |
| 55+ Bedrooms | 39 | 54 | +38.5% |
Summary: Long Beach-Lakewood housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +13.6%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +2.2%. The inventory for 4 bedroom homes decreased by -8.2%. The inventory for 5 bedroom homes increased by +38.5%.
Asking Price vs. Sold Price
How much do homes in Long Beach-Lakewood, CA cost?
Over Asking Price78 Homes
At Asking Price40 Homes
Under Asking Price65 Homes
Insight
If you're buying a home in Long Beach-Lakewood, you could pay more than the asking price. 42.6% of homes here sold above asking price last month.
Summary: A total of 183 homes were sold or pending in Long Beach-Lakewood in January 2025, down by 8.0% month-over-month. Of the 183 sold homes, 36% were sold under asking, 22% were sold at asking, and and 43% were sold over asking.
Days on Market for Long Beach-Lakewood, CA
How long does it take to sell a home in Long Beach-Lakewood, CA?
Breakdown of Home Sale Times
Under 30 Days106 Homes
30 – 90 Days50 Homes
Over 90 Days27 Homes
Insight
Many homes in Long Beach-Lakewood are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 183 homes were sold in Long Beach-Lakewood; 58% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 40 DaysThis YearJan 2025 | ||
| 28 Days1 year agoJan 2024 | +42.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Long Beach-Lakewood had an average listing age of 40 days in Jan 2025, up by 42.1% compared to the previous year.
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Newest Listings in Long Beach-Lakewood, CA
What homes are available in Long Beach-Lakewood, CA?
New - 6 hours on Rocket
$8,538 Closing Credit¹
#PW25038629, Cookie Elleri, Listing Office: Seven Gables Real Estate
New - 8 hours on Rocket
$10,000 Closing Credit¹
#PW25033854, Christa Vessell, Listing Office: Coldwell Banker Commercial
New - 8 hours on Rocket
$7,101 Closing Credit¹
#CV25035604, Jonathan Starr, Listing Office: RE/MAX MASTERS REALTY
New - 8 hours on Rocket
$10,000 Closing Credit¹
#PW25035560, Philip DeMatteo, Listing Office: First Team Real Estate
New - 8 hours on Rocket
$10,000 Closing Credit¹
#PW25034945, Yang Kim, Listing Office: ReMax Tiffany Real Estate
New - 8 hours on Rocket
$10,000 Closing Credit¹
#PW25037040, Joseph James, Listing Office: On The Move Realty
New - 8 hours on Rocket
$4,976 Closing Credit¹
#PW25038669, Carleton Carlson, Listing Office: Re/Max R. E. Specialists
New - 19 hours on Rocket
$10,000 Closing Credit¹
#OC25030658, Cheryl Newton, Listing Office: Berkshire Hathaway HomeService
New - 20 hours on Rocket
#OC25036565, Khosrow Shirzad, Listing Office: Khosrow Shirzad, Broker
New - 20 hours on Rocket
$7,095 Closing Credit¹
#SB25036810, Yolanda Bowman, Listing Office: 4-Sure Realty Group
New - 21 hours on Rocket
$9,202 Closing Credit¹
#DW25038215, Jun Hoang, Listing Office: Realty Connection Group
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, Bay Area Real Estate Information Services Inc., and Shasta MLS for the period 02/01/2023 - 02/01/2025
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 by Bay Area Real Estate Information Services, Inc. All rights reserved. The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.