Market Overview
Home Prices in Lucerne, CA
The median home value in Lucerne, CA is $246,136 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.2% compared to a year ago and down 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lucerne are priced40% below average. Lucerne is part of the Clearlake, CA metro area.
Over the past five years, Lucerne home values have fallen by approximately5.2%, reflecting softening conditions in this market.
Price History
Lucerne Home Price Trend
City Comparison
Lucerne vs. National Median
At $246,136, homes in Lucerne cost 40% below the national median of $410,000. This makes Lucerne a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lucerne?
20% Down Payment
$49,227
on $246,136
Monthly P&I
$1,284/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,631/mo
incl. taxes & insurance
Income Needed
$65,240
gross annual (30% rule)
10% Down Option
$24,614
+ PMI applies
Loan Amount (20% dn)
$196,909
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 Lucerne, CA?
The median home value in Lucerne is $246,136 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.2% year-over-year.
How much have home prices changed in Lucerne?
Over the past year, home values in Lucerne have decreased by 5.2%. Over five years, prices have fallen approximately 5.2%.
How much do I need to earn to buy a home in Lucerne?
To comfortably afford the median home price of $246,136 with a 20% down payment ($49,227) at today's rates (6.8%), you'd need a gross annual income of approximately $65,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Lucerne compare to the national average home price?
The national median home value is approximately $410,000. At $246,136, homes in Lucerne are 40% below the national average.
What metro area is Lucerne part of?
Lucerne is part of the Clearlake, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.