The housing market in Lucerne Valley, CA (92356) is very competitive. The median value of homes in Lucerne Valley is $259,200, which is about 20% lower than the national median value of $338,100. Despite this lower median price, the housing market in the area has seen remarkable growth over the last year with home appreciation being 10.27%, higher than the national average of 8.27%. This indicates that the demand for homes in Lucerne Valley is strong and prices are increasing. As such, it is an ideal time for people looking to purchase a house or invest in property in this area.
The median home cost in Lucerne Valley (zip 92356) is $259,200. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Lucerne Valley (zip 92356) is up 16.6%.
Average Age of Homes
- The median age of Lucerne Valley (zip 92356) real estate is 42 years old
The Rental Market in Lucerne Valley (zip 92356)
- Renters make up 14.7% of the Lucerne Valley (zip 92356) population
- 0.0% of houses and apartments in Lucerne Valley (zip 92356), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.