The housing market in 93240 Lake Isabella, CA is robust. The median value of homes in the area is $218,000 which is significantly lower than the US median house value of $338,100. Over the past year, the appreciation rate for houses in Lake Isabella has been 10.98%, compared to 8.27% nationwide. This suggests that Lake Isabella real estate is very desirable and a great investment opportunity for buyers looking to enter this market.
The median home cost in Lake Isabella (zip 93240) is $218,000. Home appreciation the last 10 years has been 134.8%. Home Appreciation in Lake Isabella (zip 93240) is up 16.4%.
Average Age of Homes
- The median age of Lake Isabella (zip 93240) real estate is 42 years old
The Rental Market in Lake Isabella (zip 93240)
- Renters make up 26.2% of the Lake Isabella (zip 93240) population
- 0.0% of houses and apartments in Lake Isabella (zip 93240), 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.