January's First-Time Homebuyer Report for Lake County

Lake County is a smaller-than-average county in California with 64,665 residents. Its population is also growing about even with others at a 10-year growth rate of 10.9%. Clearlake, Hidden Valley Lake, and Lakeport are its three most populated cities. Keep in mind, 49.2% of the homes in Lake County are owned, while 25.6% are rented. The best school in the county is Cobb Mountain Elementary School.

Culture

If you're interested in the nightlife, one of the most popular places to get a drink in Lake County, according to Foursquare, is Lakeport Ca. If you'd like to grab some coffee, a popular spot is Blue Wing Saloon & Cafe. You could also check out the popular Safeway, Tower Market, and Sentry to do some shopping.

Price Range

Lake County has some of the more affordable homes in the state with a median home value of $168,000 and a current average list price of $272,352. The homes with the highest value are in Cobb and Middletown.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Lake County:

$599K   $299K   $595K  

Typical Dwelling

A three-bedroom detached home valued around $304,544 is considered a typical dwelling in Lake County. If a buyer was looking for a similar home, they would need good credit and a $60,909 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $991 and the property tax rate is $8.38 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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Zephyr Real Estate
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Pacific Union International Inc
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