Is Long Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Long Beach was a Seller's Market.
Housing Prices in Long Beach, FL
How much do homes in Long Beach, FL cost?
Median Sold Price
$372,500
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Long Beach was $372,500 in April 2024, down 4.1% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $323.2K | -2.0% |
2 Bedrooms | $460K | $400K | -13.0% |
3 Bedrooms | $500K | $427.5K | -14.5% |
4 Bedrooms | $550K | $510K | -7.3% |
5+ Bedrooms | - | - | N/A |
Summary: Long Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes did not change.
Housing Supply in Long Beach, FL
How many homes are available in Long Beach, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 65 | +6.6% |
Summary: The Long Beach real estate market had 65 homes for sale in April 2024, a 6.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 28 | +21.7% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 23 | 22 | -4.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Long Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Long Beach in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Long Beach, FL
How long does it take to sell a home in Long Beach, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 102 Days | +206.2% |
Summary: Homes in Long Beach had an average of 102 days on market in Apr 2024, up by 206.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Long Beach; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.