The housing market in Lake, CA County is slightly lower than the US median value at $319,500. However, the 1 year house appreciation rate is slightly lower at 5.62%. This could indicate that there are bargains to be had in the area for those willing to take the time to look. Despite this lower appreciation rate, Lake, CA County remains a desirable place to live due to its proximity to recreational activities and natural beauty. With the right research and eye for a deal, buyers can find homes of good value in Lake, CA County.
The median home cost in Lake County is $319,500. Home appreciation the last 10 years has been 121.5%. Home Appreciation in Lake County is up 9.5%.
Average Age of Homes
- The median age of Lake County real estate is 38 years old
The Rental Market in Lake County
- Renters make up 28.0% of the Lake County population
- 0.7% of houses and apartments in Lake County, 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.