662 W Broadway, Long Beach, NY 11561

Long Beach Market Trend

Long Beach's market has been notably consistent over the past 2 years: monthly median sale prices have stayed between $650K and $1.08M, centering around $833K, without a sustained move in either direction. Recently, homes have been selling in about 77 days. It's also worth noting that the roughly $825K blended median combines very different property types, so it may not describe any single one: of 805 recent sales, single-family made up the largest share at about 36% with the highest median near $933K, condos about 33% near $875K, co-ops about 22% near $455K, multi-family (2-4 family) about 9% near $910K. Because co-ops, though not the most common, is priced far enough from the rest to pull the blend down, the blended figure tends to sit below the single-family median rather than above it — so a typical single-family house has tended to sell closer to $933K, roughly $108K over the headline number. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.