Lucerne Valley, CA Home Values & Market Trends
Real estate market trends reflect that there have been 146 transactions over the past year in Lucerne Valley. The median value for residential home transactions that occurred over the previous year is $284,066.67. The number of current listings in Lucerne Valley is 19, and the percentage of properties for sale in the city is 19.00%. Lucerne Valley, CA currently has 19 properties in foreclosure, 2 bank owned properties, 2 properties headed for auction, and 19 properties for sale.
Lucerne Valley, CA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 92356 | $ 288,097 $ 224/sqft |
Housing Market Summary for Lucerne Valley, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $275K | $304.2K | 10.62% |
| Median Sold Price | $253.3K | $304.2K | 20.07% |
| Homes For Sale | 27 | 18 | -33.33% |
| Homes Sold | 92 | 97 | 5.43% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lucerne Valley, CA
Browse Homes in Lucerne Valley, CA
Lucerne Valley home values range from $51,205 to $1,013,131. The median estimated value of a home in Lucerne Valley is $284,066.67. The median list price of a home is 311,500, and the total count of properties in the city is 2,663.
- Pre-ForeclosurePre-foreclosure homes account for 0.56% of all residential properties in Lucerne Valley, CA with 92356 containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lucerne Valley, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $524,200 in 92356 to the lowest home value of $150,000 in 92356.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lucerne Valley, CA ranges from the highest value of $303,700 in 92356 to the lowest value of $225,000 in 92356. Bank owned homes and properties account for 0.08% of properties in Lucerne Valley, CA. There is 1 zips within Lucerne Valley, CA; 92356 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92356 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Lucerne Valley, CA. Auction homes and other auction properties account for 0.08% of all properties in Lucerne Valley, CA. There is 1 zips within Lucerne Valley, CA; of that zips, the median estimated home value for homes going to auction ranges from $995,700 in 92356 to the lowest value of $186,700 in 92356.
Compare Nearby Cities
More Real Estate Resources for Lucerne Valley, CA
Guide for Lucerne Valley, CA
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.
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’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.
Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.