$157,500
3051 Glendale Dr
Blue Lake, CA
Land1.38 acres
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Sarah Mitchell
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Compass Real Estate · Blue Lake, CA
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Blue Lake, CA(512) 555-0184TX License #0512847
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Blue Lake, CA Housing Market
Seller's market-2.5% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The typical home in Blue Lake, CA is worth $427,096, fell 2.5% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $277,000, +47.3% year over year (through May 2026). With 3.0 months of supply and homes going under contract in about 4 days, Blue Lake is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $427,096 home is about $2,196/mo in principal and interest.
Key numbers for Blue Lake, CA
Typical home value
$427,096
-2.5% in 12 months
Zillow, July 2026
Median sale price
$277,000
+47.3% year over year
Redfin, through May 2026
Days on market
4
Fast-moving
Redfin, through May 2026
Active listings
3
3.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$52,813
Home costs 8.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.7%
Selling above asking
Redfin, through May 2026
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Blue Lake a buyer's or seller's market?
Seller's market3.0 months of supply4 days on market100.7% of asking
Blue Lake, CA is a seller's market, based on 3.0 months of supply and homes selling in about 4 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Blue Lake housing market data show?
Every row below is Redfin's final published month for Blue Lake, CA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $277,000 |
| Year-over-year price change | +47.3% |
| Median price per sq ft | $311/sq ft |
| Median days on market | 4 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.7% |
| Homes sold (that month) | 1 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Blue Lake is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Blue Lake is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Blue Lake home prices moved?
Across the 29 months we hold for Blue Lake, CA, the median sale price fell 42.8%, from $484,000 in April 2021 to $277,000. The live Zillow value series has fell 2.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 33.3% of Blue Lake listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.0 months while the sale-to-list ratio slips below its current 100.7%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Blue Lake?
Priced off the typical home value of $427,096 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $85,419 | $341,677 | $2,196/mo |
| 5% | $21,355 | $405,741 | $2,607/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,196, that implies roughly $94,102 a year before you add taxes and insurance. The median household in Blue Lake earns $52,813, about $41,289 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 8.1x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Blue Lake in the next 12 months?
Tell us your timeline. We send the Blue Lake market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Blue Lake?
Zillow does not publish a rent index (ZORI) for Blue Lake, CA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Blue Lake?
Active listings in Blue Lake, CA went from 3 in August 2024 to 3 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| September 2024 | 3 | 1 |
| October 2024 | 2 | 1 |
| November 2024 | 2 | not published |
| May 2025 | 2 | 3 |
| June 2025 | 2 | 1 |
| July 2025 | 3 | 1 |
| November 2025 | 2 | 1 |
| December 2025 | 2 | 1 |
| February 2026 | 2 | 1 |
| March 2026 | 3 | 2 |
| April 2026 | 3 | 1 |
| May 2026 | 3 | not published |
Redfin, through May 2026
How does Blue Lake compare to California and the U.S.?
Blue Lake homes sell for $277,000 — 69% below the California median of $887,400. Against the national median of $410,700, Blue Lake runs 33% lower. Year-over-year, Blue Lake moved +47.3% against California's +3.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Blue Lake, CA | $277,000 | +47.3% | 4 days |
| California statewide | $887,400 | +3.4% | 33 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Blue Lake
What buyers should watch
- Months of supply, currently 3.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 33.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $412 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $427,096 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Blue Lake listing goes under contract in 4 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.7% of asking. Price at the number you want and let competition do the rest.
- Your equity moved -2.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Blue Lake varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Blue Lake
There are currently 3 homes listed for sale in Blue Lake, California. Featured listings range from $157,500 to $1,199,000.
$395,000
5174D Albert Dr
Blue Lake, CA
3 bd2 ba1,356 sqft$291/ft²
House5,663 sqft lot
View photos & details
$439,500
530 J St
Blue Lake, CA
2 bd1 ba920 sqft$478/ft²
House6,534 sqft lot
View photos & details
$499,000
450 Blue Lake Blvd
Blue Lake, CA
3 bd2 ba1,100 sqft$454/ft²
House10,454 sqft lot
View photos & details
$549,000
3500 Old Three Creeks
Blue Lake, CA
Land325.50 acres
View photos & details
$549,000
3500 Old 3 Creeks Rd
Blue Lake, CA
1,728 sqft$318/ft²
Land325.50 acres
View photos & details
$599,000
85 Blue Lake Blvd
Blue Lake, CA
3 bd3 ba1,650 sqft$363/ft²
House1.28 acres
View photos & details
$699,000
30000 CA 299
Blue Lake, CA
2 bd2 ba1,168 sqft$598/ft²
House49.00 acres
View photos & details
$794,999
128 Park Ave
Blue Lake, CA
4 bd3 ba2,400 sqft$331/ft²
House11,326 sqft lot
View photos & details
$834,000
543 I St
Blue Lake, CA
5 bd6 ba3,946 sqft$211/ft²
House36,590 sqft lot
View photos & details
$1,199,000
131 Buckley Rd
Blue Lake, CA
3 bd4 ba3,500 sqft$343/ft²
House3.50 acres
View photos & details
$1,199,000
845 Blue Lake Blvd
Blue Lake, CA
3 bd2 ba3,620 sqft$331/ft²
House8.20 acres
View photos & details
Looking to buy in Blue Lake?
Get connected with a local real estate expert — free, no obligation.
Active listings
3
Homes on market
Avg. days on market
4
Days until sale
Price drops:33.3%of listings
Sale-to-list:100.7%
How much do homes cost in Blue Lake by property type?
How the Blue Lake, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $277,000 | $311/sq ft | 1 | 4 days |
Who lives in Blue Lake?
American Community Survey estimates for Blue Lake. U.S. Census ACS, 2023
Population
997
Households
552
Median income
$52,813/yr
Median age
52.4 years
Owner-occupied
45.8%
Median home value
$460,800
Median gross rent
$1,247/mo
Mean commute
15.4 min
45.8% of occupied homes in Blue Lake are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $460,800 against Zillow's $427,096 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Blue Lake?
2 schools tracked · 166 students
The largest public schools serving Blue Lake, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Blue Lake Union Elementary
Grades K-8 · 160 students
Green Point Elementary
Grades K-8 · 6 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Blue Lake, CA?
Ordered by distance from Blue Lake, not by size. Compare Blue Lake side by side with any of them.
Blue Lake housing market FAQ
Is Blue Lake a buyer's or seller's market?
Blue Lake, CA is currently a seller's market. That read comes from 3.0 months of supply, homes going under contract in about 4 days, and sellers getting 100.7% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Blue Lake?
The typical home in Blue Lake, CA is worth $427,096 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $277,000, about $311 per square foot.
Is Blue Lake cheaper than the rest of California?
Blue Lake's median sale price of $277,000 is 69% lower than the California statewide median of $887,400, and 33% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Blue Lake?
Homes in Blue Lake, CA spent a median of 4 days on market before going under contract, versus 33 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Blue Lake?
At the current 30-year fixed rate of 6.66%, 20% down on a $427,096 home is about $2,196 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $94,102 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $52,813.
Are home prices rising in Blue Lake?
The typical home value in Blue Lake, CA fell 2.5% over the last 12 months, from $438,092 to $427,096 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Blue Lake?
Blue Lake ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Blue Lake?
That depends on your timeline, not on a headline. What the data says today: Blue Lake, CA is a seller's market with 3.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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