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
City | Median Est. Value | City | Median 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 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $325K | $313.9K | -3.42% |
Median Sold Price | $311.4K | $313.9K | 0.79% |
Homes For Sale | 128 | 160 | 25.00% |
Homes Sold | 782 | 810 | 3.58% |
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
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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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsHidden 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.
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Guide for Lake County, 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.
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.
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.
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.