Market Overview
Home Prices in Blue Lake, CA
The median home value in Blue Lake, CA is $436,759 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.7% compared to a year ago and down 8.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Blue Lake are priced7% above average. Blue Lake is part of the Eureka-Arcata, CA metro area.
Over the past five years, Blue Lake home values have fallen by approximately13.6%, reflecting softening conditions in this market.
Price History
Blue Lake Home Price Trend
City Comparison
Blue Lake vs. National Median
At $436,759, homes in Blue Lake cost 7% above the national median of $410,000. Buyers in Blue Lake should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Blue Lake?
20% Down Payment
$87,352
on $436,759
Monthly P&I
$2,278/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,893/mo
incl. taxes & insurance
Income Needed
$115,720
gross annual (30% rule)
10% Down Option
$43,676
+ PMI applies
Loan Amount (20% dn)
$349,407
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Blue Lake, CA?
The median home value in Blue Lake is $436,759 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.7% year-over-year.
How much have home prices changed in Blue Lake?
Over the past year, home values in Blue Lake have decreased by 1.7%. Over five years, prices have fallen approximately 13.6%.
How much do I need to earn to buy a home in Blue Lake?
To comfortably afford the median home price of $436,759 with a 20% down payment ($87,352) at today's rates (6.8%), you'd need a gross annual income of approximately $115,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Blue Lake compare to the national average home price?
The national median home value is approximately $410,000. At $436,759, homes in Blue Lake are 7% above the national average.
What metro area is Blue Lake part of?
Blue Lake is part of the Eureka-Arcata, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.