Is Long Beach, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Long Beach was a Seller's Market.
Key Takeaway
Long Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Long Beach, WA
How much do homes in Long Beach, WA cost?
Median Sold Price
$355,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Long Beach have sold for 18.7% more than they did a year ago.
Summary: The median home sold price in Long Beach was $355,000 in March 2024, up 18.7% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156.7K | $83.7K | -46.6% |
| 2 Bedrooms | $296.7K | $328K | +10.5% |
| 3 Bedrooms | $338K | $465K | +37.6% |
| 4 Bedrooms | $371.5K | $780K | +110.0% |
| 5+ Bedrooms | $442.5K | $150K | -66.1% |
Summary: Long Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.6%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 37.6%, 4 bedroom homes increased by 110%, and 5+ bedroom homes decreased by 66.1%.
Median Sold Price Compared To Nearby Cities
| Long Beach | $299K | $355K | +18.7% |
| Long Beach-North Beach Peninsula | $345K | $350K | +1.4% |
| Seaview | $370K | $319K | -13.8% |
Housing Supply in Long Beach, WA
How many homes are available in Long Beach, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 59 | 75 | +27.1% |
Summary: The Long Beach real estate market had 75 homes for sale in March 2024, a 27.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 15 | +66.7% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 22 | 28 | +27.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Long Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Long Beach, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Long Beach in March 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.
Days on Market for Long Beach, WA
How long does it take to sell a home in Long Beach, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 125 Days | 73 Days | -41.7% |
Summary: Homes in Long Beach had an average of 73 days on market in Mar 2024, down by 41.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Long Beach are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in Long Beach; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.