Market Overview
Home Prices in Cobb, CA
The median home value in Cobb, CA is $321,710 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.4% compared to a year ago and down 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cobb are priced22% below average. Cobb is part of the Clearlake, CA metro area.
Over the past five years, Cobb home values have fallen by approximately3.9%, reflecting softening conditions in this market.
Price History
Cobb Home Price Trend
2020
$295,073
$295K
—
2021
$334,609
$335K
+13.4%
2022
$372,641
$373K
+11.4%
2023
$340,684
$341K
-8.6%
2024
$334,708
$335K
-1.8%
2025
$329,680
$330K
-1.5%
2026
$321,710
$322K
-2.4%
City Comparison
Cobb vs. National Median
🏠 Cobb
$321,710
National Median
$410,000
At $321,710, homes in Cobb cost 22% below the national median of $410,000. This makes Cobb a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cobb?
20% Down Payment
$64,342
on $321,710
Monthly P&I
$1,678/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,131/mo
incl. taxes & insurance
Income Needed
$85,240
gross annual (30% rule)
10% Down Option
$32,171
+ PMI applies
Loan Amount (20% dn)
$257,368
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 Cobb, CA?
The median home value in Cobb is $321,710 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.4% year-over-year.
How much have home prices changed in Cobb?
Over the past year, home values in Cobb have decreased by 2.4%. Over five years, prices have fallen approximately 3.9%.
How much do I need to earn to buy a home in Cobb?
To comfortably afford the median home price of $321,710 with a 20% down payment ($64,342) at today's rates (6.8%), you'd need a gross annual income of approximately $85,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Cobb compare to the national average home price?
The national median home value is approximately $410,000. At $321,710, homes in Cobb are 22% below the national average.
What metro area is Cobb part of?
Cobb is part of the Clearlake, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.