October's First-Time Homebuyer Report for Clearlake

Clearlake has an older population than other areas in California with a median age of 39 years. It is also much less affluent than average with a median income of $24,707 per household. The Clearlake market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. Topping the list of best schools in the city is Oak Hill Middle School.

Price Range

Clearlake has some of the more affordable homes in the state with a median home value of $66,500 and a current average list price of $147,092. Home sales in the Clearlake market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 27.3% to 16 homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in Clearlake that generated the most views from potential buyers:

$299K   $524K   $650K  

Typical Dwelling

A three-bedroom detached home valued around $189,392 is considered a typical dwelling in Clearlake. If a buyer was looking for a similar home, they would need good credit and a $37,878 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $562 and the property tax rate is $8.38 per $1,000 of taxable assessed value.

Get started right now by checking out Clearlake homes for sale or reviewing Clearlake real estate trends.


Data reported through 10/13/2016

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