Lake County, CA Home Values & Market Trends

The median home price in Lake County, CA is $311,642.76. There were 1,289 home sales in Lake County, CA over the past 12 months. The median residential Lake County, CA home value for transactions over the previous year is $240,000. The number of current listings in Lake County, CA is 151, and the percentage of properties for sale is 151.00%. The county has 61 foreclosures, 20 bank owned properties, 13 headed for auction, and 151 properties for sale.

Lake County, CA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Clearlake

$ 269,300

$ 230/sqft

Upper Lake

$ 608,200

$ 172/sqft

Kelseyville

$ 472,497

$ 240/sqft

Middletown

$ 104,100

$ 167/sqft

Hidden Valley Lake

$ 430,000

$ 206/sqft

Cobb

$ 249,200

$ 211/sqft

Lakeport

$ 325,750

$ 269/sqft

Glenhaven

$ --

$ --

Clearlake Oaks

$ 188,000

$ 313/sqft

Witter Springs

$ --

$ --

Lower Lake

$ 449,000

$ 317/sqft

Nice

$ --

$ --

Lucerne

$ 521,169

$ 264/sqft

Finley

$ --

$ --

Housing Market Summary for Lake County, CA

Mar 2023February 2024Change
Median Listing Price$325K$313.9K-3.42%
Median Sold Price$311.4K$313.9K0.79%
Homes For Sale12816025.00%
Homes Sold7828103.58%
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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%.

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Browse Homes in Lake County, CA

Lake County, CA home values range from $33,873 to $3,692,700. Lower Lake is the priciest city with a median listing home price of $489,500, and Cobb is most affordable with average house prices of around $175,000.

Foreclosure
There are 14 cities within Lake County, CA; within these cities, the median estimated home value for homes in foreclosure ranges from $495,000 in Lucerne to the lowest value of $105,030 in Lucerne. Foreclosure homes account for 0.00% of properties in Lake County, CA with Clearlake containing 14 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.10% of all residential properties in Lake County, CA with Clearlake containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 14 cities within Lake County, CA; of those cities, the estimated home value for pre-foreclosure homes ranges from $282,250 in Lakeport to the lowest home value of $128,800 in Clearlake.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lake County, CA ranges from the highest value of $407,600 in Kelseyville to the lowest value of $105,030 in Lucerne. Bank owned homes and properties account for 0.07% of properties in Lake County, CA. There are 14 cities within Lake County, CA; Lakeport containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Hidden Valley Lake has 4 auction properties, the highest number of properties going to auction in a single city in the state of Lake County, CA. Auction homes and other auction properties account for 0.05% of all properties in Lake County, CA. There are 14 cities within Lake County, CA; of those cities, the median estimated home value for homes going to auction ranges from $443,300 in Lakeport to the lowest value of $198,800 in Lakeport.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.53% of residential properties in Lake County, CA with Clearlake containing 46 homes for sale, the highest number of listed properties in a single city. There are 14 cities within Lake County, CA; homes for sale in those cities, have a range of median values from $786,400 in Upper Lake to the lowest value of $88,770 in Lakeport.
    Sold Homes
    The median value for recently sold homes ranges from $419,840 in Finley to the lowest price of $55,285 in Finley. There are 14 cities within Lake County, CA. Clearlake has 178 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.69% of properties in Lake County, CA.

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      Guide for Lake County, CA

      RealtyTrac Market Report
      California
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
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      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
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      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California
      Stability and Growth in the San Bernardino Real Estate Market – Feb 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.

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.

      Stability and Growth in the San Bernardino Real Estate Market – Feb 2024
      California|posted 1 March 2024

      The San Bernardino real estate market is experiencing stability and modest growth. Median property values are consistent, while foreclosures, pre-foreclosures, and auctions present unique investment opportunities due high avg values.