Lake County, California Housing Market Prices
Lake County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 45% below the California median Cheaper than 72% of counties in California$355,339
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Median rent 33% below the California median$1,368
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lake County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $355,339 | $650,794 | $248,835 |
| Price Trend (Annual %) | 11.9% | 8.9% | 7.5% |
| Median Gross Rent | $1,368 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lake County is about 45% lower than in California. Rent is about 33% lower than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Lake County, up about 11.9% and 5.7% a year respectively. Home prices are changing faster.
Median rent in Lake County rose about 53.8% between 2015 and 2024, from $890 to $1,368. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 5.8 yearly household incomes in Lake County.
Buying the median-priced home in Lake County costs roughly 21.6 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Lake County. The price-to-rent ratio in California is about 26.6.
| Metric | Lake County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $355,339 | $650,794 | $248,835 |
| Median Household Income | $60,936 | $99,161 | $80,455 |
| Price-to-Income Ratio | 5.8 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lake County rose about 200.6%, while median household income rose about 38.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lake County | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.5% | 51.7% | 58.5% |
| Rental Rate | 21.8% | 40.8% | 31.2% |
| Vacancy Rate | 21.7% | 7.5% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Lake County has a homeownership rate of 56.5%, higher than the California average of 51.7%. Its housing vacancy rate is 21.7%, compared with 7.5% in California.
Housing Stock
| Metric | Lake County | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.49 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1980 | 1975 | 1978 |
| Median Number of Rooms | 5.0 | 5.0 | 5.5 |
The typical housing unit in Lake County was built around 1980. On average, 2.5 people live in a home with about 5.0 rooms, staying for about 15.0 years on average.
Lake County, CA Housing Compared With Nearby Counties
Lake County, CA is the 4th largest of the 6 counties compared here, 68,148 residents against a local median of 90,240. Where Lake County, CA breaks from the counties next to it is median home price, sitting 31% below the local median of $513,099 at $355,339.
Homeownership tells the same story from another angle: 72.2% against a local median of 62.2%, 16% above it. The one measure here that carries a verdict is homeownership, and at 16% above the local median it puts Lake County, CA at the better end of the local range. The counties themselves spread $706,695 on median home price, so Lake County, CA sits at one end of an already wide local range rather than apart from it. Lake County, CA has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lake County, CA | 68,148 | $355,339 #5/6 | $1,368 #3/6 | 72.2% #1/6 |
| Colusa County, CA | 21,984 | $195,643 | $1,157 | 62.2% |
| Sonoma County, CA | 485,012 | $667,194 | $2,158 | 62.6% |
| Glenn County, CA | 28,492 | $376,190 | $1,119 | 61.2% |
| Napa County, CA | 134,769 | $902,338 | $2,237 | 63.4% |
| Mendocino County, CA | 90,240 | $513,099 | $1,317 | 61.7% |
Frequently Asked Questions
Common questions about the housing market in Lake County, California.
What is the median home price in Lake County, California?
The median home price in Lake County, California is $355,339, lower than the California average of $650,794.
What is the average home price in Lake County, California?
The typical home price in Lake County, California, reported as the median sale price, is $355,339. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Lake County, California?
The median gross rent in Lake County, California is $1,368 per month, lower than the California average of $2,036.
What was the median gross rent in Lake County in 2020?
In 2020, the median gross rent in Lake County, California was $1,028 per month.
What is the price-to-rent ratio in Lake County, California?
The price-to-rent ratio in Lake County, California is about 21.6, meaning it would take roughly 21.6 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Lake County.
Are home prices or rent rising faster in Lake County, California?
Both home prices and rent are rising in Lake County, up about 11.9% and 5.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lake County, California?
56.5% of households in Lake County, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Lake County, California?
The housing vacancy rate in Lake County, California is 21.7%, higher than the California average of 7.5%.
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