Market Update

Belmont Heights Real Estate Market Update: October 2026

This is the October 2026 market update for Belmont Heights, Long Beach: what sold, for how much and how quickly, how the month compares with a year earlier, and what it takes in income to buy here at today’s rates. The figures are closed sales recorded in CRMLS.

Belmont Heights Home Sales in October 2026

7

Homes Sold

4 in Oct 2025

$1.13M

Median Price

▼ 14.6% vs Oct 2025

$644

Median $/Sq Ft

▼ 13.3% vs Oct 2025

24

Median Days on Market

64 in Oct 2025

99.6%

Sale-to-List

97.9% in Oct 2025

$8.83M

Sales Volume

▲ 63.6% vs Oct 2025

In October 2026, 7 homes sold in Belmont Heights at a median price of $1,129,000, down 14.6% from October 2025. That was more sales than the 4 of October 2025.

In October, the typical home sold in 24 days at 99.6% of its final asking price, compared with 64 days a year earlier. Most homes sold close to asking, with modest room to negotiate.

Sales totaled $8.83M in October, against $5.4M in October 2025. Over the last three months the median was $1,280,000 across 19 sales, a steadier figure than any single month.

By home type, single-family homes sold at a median of $1,550,000 (4 sales) and condos and townhomes at $700,000 (3 sales).

For context, the median across all of Long Beach was $822,500 in October, so Belmont Heights ran 37% above the city as a whole.

What It Means

For buyers. The market is balanced: the best homes still sell quickly, while others leave room to negotiate. Compare each home to the most recent sales nearby before you offer.

For sellers. Pricing close to the recent sales and preparing the home well is what separates a quick sale from a long one in a balanced market.

The Year in Belmont Heights

Month by month over the past year, from CRMLS closed sales. A dash means fewer than three sales behind the figure.

Median sold price by month
$600K$800K$1M$1.2M$1.4MOct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '26$1.13M
Median price per sq ft by month
$500$600$700$800$900Oct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '26$644
Homes sold by month
0510Oct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '26
Sale-to-list price by month
95.0%97.5%100.0%102.5%105.0%Oct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '2699.6%
Belmont Heights home sales by month
MonthSoldMedian Price$/Sq FtDays
October 20267$1.13M$64424
September 20268$1.28M$72936
August 20264$1.35M$70235
July 20269$759K$88119
June 20265$730K$60419
May 20265$690K$59424
April 20269$753K$76728
March 20268$1M$82839
February 20262–––
January 20263$1.18M$70555
December 20255$1.41M$80315
November 20259$1.11M$7827
October 20254$1.32M$74364

How Much Income Do You Need to Buy a Home in Belmont Heights?

At Belmont Heights’s October 2026 median of $1,129,000, a buyer putting 20% down would need a household income of about $26,687 a month, or $320,248 a year, to keep housing costs near 28% of gross income, the traditional lending guideline.

Buying at the median: a monthly estimate
Purchase price$1,129,000
Down payment (20%)$225,800
Loan amount$903,200
Principal and interest (7.24%, 30-year fixed)$6,155
Property tax (about 1.1% a year)$1,035
Homeowners insurance (estimate)$282
Monthly housing cost$7,472
Income needed, monthly$26,687
Income needed, yearly$320,248

An illustration only, not an offer of credit or a loan estimate. It assumes the 7.24% average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey for October 29, 2026; jumbo loans, points, credit and down payment change the actual rate and APR. Property tax and insurance are estimates, and HOA dues and Mello-Roos taxes are not included. Many lenders allow a higher share of income for housing, and a larger down payment lowers the income needed.

Closed sales of single-family homes, condos and townhomes recorded in CRMLS, as of 2026-11-13. Sale-to-list compares each sale price with the final asking price. Figures are deemed reliable but not guaranteed.

See the Belmont Heights guide for homes for sale and the market right now.

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Kyle Shutts, Real Estate Professional

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Kyle Shutts

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