Lake Almanor, CA 96137 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The median sold price is $608,500, which should be treated as the primary indicator of current market value and recent transaction activity; note that year-over-year price direction is down, so recent sales are occurring at slightly lower price levels than the prior year.
2. Despite a market temperature described as hot, elevated median days on market of 581 suggests slower sales velocity and increasing pricing friction; this combination appears to indicate a market that is trading quickly on select listings but showing signs of softening across the broader supply.
3. There is a notable gap between the $769,500 median listing price and the median sold price of $608,500, which may indicate seller expectations are above recent transaction levels and could be contributing to pricing friction and a lengthening time to sale; this spread suggests listing-side resistance relative to realized sale values (down price trend).
4. Relative valuation metrics show a median price per square foot of $326 alongside a median market rent of 595, while interest rate pressure is categorized as moderate; investors and pricing strategists should weigh the per-square-foot valuation and moderate financing pressure when positioning pricing or offering strategies.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.