Lake Isabella, CA Home Values & Market Trends

Real estate market trends reflect that there have been 130 transactions over the past year in Lake Isabella. The median value for residential home transactions that occurred over the previous year is $213,265. The number of current listings in Lake Isabella is 28, and the percentage of properties for sale in the city is 28.00%. Lake Isabella, CA currently has 10 properties in foreclosure, 2 bank owned properties, 0 properties headed for auction, and 28 properties for sale.

Lake Isabella, CA Real Estate Market Overview

ZipMedian Est. Value
93240

$ 274,700

$ 189/sqft

Housing Market Summary for Lake Isabella, CA

Apr 2023March 2024Change
Median Listing Price$208.4K$181.9K-12.74%
Median Sold Price$181.5K$181.9K0.20%
Homes For Sale2828-
Homes Sold10787-18.69%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Lake Isabella, CA

Lake Isabella home values range from $23,705 to $998,000. The median estimated value of a home in Lake Isabella is $213,265. The median list price of a home is 230,000, and the total count of properties in the city is 2,804.

Foreclosure
There is 1 zips within Lake Isabella, CA; within this zips, the median estimated home value for homes in foreclosure ranges from $744,700 in 93240 to the lowest value of $197,000 in 93240. Foreclosure homes account for 0.00% of properties in Lake Isabella, CA with 93240 containing 12 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.29% of all residential properties in Lake Isabella, CA with 93240 containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake Isabella, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $744,700 in 93240 to the lowest home value of $197,000 in 93240.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lake Isabella, CA ranges from the highest value of $0 in 93240 to the lowest value of $0 in 93240. Bank owned homes and properties account for 0.07% of properties in Lake Isabella, CA. There is 1 zips within Lake Isabella, CA; 93240 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Isabella, CA. Auction homes and other auction properties account for 0% of all properties in Lake Isabella, CA. There is 1 zips within Lake Isabella, CA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.00% of residential properties in Lake Isabella, CA with 93240 containing 31 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lake Isabella, CA; homes for sale in that zips, have a range of median values from $890,000 in 93240 to the lowest value of $131,300 in 93240.
    Sold Homes
    The median value for recently sold homes ranges from $738,600 in 93240 to the lowest price of $52,095 in 93240. There is 1 zips within Lake Isabella, CA. 93240 has 99 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.32% of properties in Lake Isabella, CA.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Lake Isabella, CA
      $
      $

      Guide for Lake Isabella, CA

      RealtyTrac Market Report
      California
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California
      Market Trend Report For Bakersfield, California – March 2024
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California
      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
      See More Articles
      RealtyTrac Market Report
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California|posted 8 December 2023

      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

      Market Trend Report For Bakersfield, California – March 2024
      California|posted 28 March 2024

      This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
      California|posted 6 March 2024

      Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.

      Recently Listed Homes Lake Isabella, CA

      No data to show