Market Overview
Home Prices in Lower Lake, CA
The median home value in Lower Lake, CA is $378,369 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.9% compared to a year ago and down 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lower Lake are priced8% below average. Lower Lake is part of the Clearlake, CA metro area.
Over the past five years, Lower Lake home values have fallen by approximately8.7%, reflecting softening conditions in this market.
Price History
Lower Lake Home Price Trend
City Comparison
Lower Lake vs. National Median
At $378,369, homes in Lower Lake cost 8% below the national median of $410,000. This makes Lower Lake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lower Lake?
20% Down Payment
$75,674
on $378,369
Monthly P&I
$1,973/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,506/mo
incl. taxes & insurance
Income Needed
$100,240
gross annual (30% rule)
10% Down Option
$37,837
+ PMI applies
Loan Amount (20% dn)
$302,695
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 Lower Lake, CA?
The median home value in Lower Lake is $378,369 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.9% year-over-year.
How much have home prices changed in Lower Lake?
Over the past year, home values in Lower Lake have decreased by 2.9%. Over five years, prices have fallen approximately 8.7%.
How much do I need to earn to buy a home in Lower Lake?
To comfortably afford the median home price of $378,369 with a 20% down payment ($75,674) at today's rates (6.8%), you'd need a gross annual income of approximately $100,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Lower Lake compare to the national average home price?
The national median home value is approximately $410,000. At $378,369, homes in Lower Lake are 8% below the national average.
What metro area is Lower Lake part of?
Lower Lake is part of the Clearlake, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.