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Featured local agent — Lathrop, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Lathrop, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lathrop, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lathrop, CA Housing Market & Real Estate

Leaning buyer's-4.5% YoY

Housing market overview · Updated monthly ·

$663,995median sale price

How is the Lathrop, CA housing market right now?

The median home sale price in Lathrop, CA is $663,995, down 4.5% year-over-year. Homes sell in an average of 64 days with 155 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Lathrop a buyer's or seller's market?

Leaning buyer's4.8 months of supply64 avg. days on market

Lathrop, CA is currently a leaning buyer's, based on 4.8 months of supply and homes selling in about 64 days. How we determine this →

Homes sold

32

Last 12 weeks

Days on market

64

Average pace

Active listings

155

4.8 months supply

Sale-to-list

98.9%

Below asking

What does the Lathrop housing market data show?

Current housing market statistics for Lathrop, CA
MetricValue
Median sale price$663,995
Median list price$676,950
Year-over-year price change-4.5%
Average days on market64 days
Active inventory155 listings
Months of supply4.8 months
Sale-to-list price ratio98.9%
Median price per sq ft$296/sq ft
Homes sold (latest month)32
New listings (latest month)52
Listings with a price cut38.1%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Lathrop by property type?

How the Lathrop, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lathrop, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$667,990$292/sq ft3166 days
Condo / Co-op$492,954$341/sq ft3116 days
Townhouse$463,999$338/sq ft162 days

Source: Redfin · Updated monthly

The Lathrop housing market is currently classified as a leaning buyer's with a median sale price of $663,995. Prices have fallen 4.5% compared to last year, with homes spending an average of 64 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Lathrop

There are currently 155 homes listed for sale in Lathrop, California. The median listing price is $677K.

Active listings

155

Homes on market

Median list price

$677K

Avg. days on market

64

Days until sale

New this week

52

Newly listed

Price drops:38.1%of listings
Sale-to-list:98.9%

Who lives in Lathrop?

Population

32,696

Median income

$118,605/yr

Median age

34.2 years

Owner-occupied

83.8%

College grads

23.8%

Avg commute

43.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Lathrop?

Zillow home value

$644,210

Zillow rent index

$3,037/mo

Price-to-rent ratio

17.7x

Price-to-income

5.4x

Source: Zillow Research

What is it like to live in Lathrop?

Lathrop is a community of approximately 33K residents with a median age of 34.2 years.The median household income is $118,605, which reflects a relatively affluent area with strong earning potential. 23.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 83.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 43.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lathrop offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Lathrop?

8 schools tracked · 7,203 students

The largest public schools serving Lathrop, 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.

Lathrop High

Grades 9-12 · 1,509 students

Public

Mossdale Elementary

Grades K-8 · 1,064 students

Public

River Islands Technology Academy II

Grades K-8 · 975 students

Charter

Lathrop Elementary

Grades K-8 · 935 students

Public

Joseph Widmer Jr. Elementary

Grades K-8 · 911 students

Public

EPIC Academy

Grades K-8 · 805 students

Charter

NextGeneration STEAM Academy

Grades K-8 · 726 students

Charter

River Islands High

Grades 9-12 · 278 students

Charter

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 Lathrop, CA?

Want a head-to-head view? Compare Lathrop side-by-side with any other U.S. city using our market-comparison tool.

Is Lathrop a good real estate investment market?

For investors evaluating Lathrop, the price-to-rent ratio of 17.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lathrop's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lathrop's median home price.

Frequently asked questions

What is the average home price in Lathrop?

The median home sale price in Lathrop is $663,995, down 4.5% from last year.

How long do homes stay on market in Lathrop?

Homes typically spend 64 days on market before going under contract.

What is the median income in Lathrop?

The median household income is $118,605 per year.

Is Lathrop a buyer's or seller's market?

With 4.8 months of supply, Lathrop is currently a leaning buyer's.

What is the Zillow home value estimate for Lathrop?

The Zillow Home Value Index (ZHVI) for Lathrop is $644,210, representing the typical home value in the area.

What is the median condo price in Lathrop?

The median condo/co-op sale price in Lathrop, CA is $492,954, compared to $667,990 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Lathrop?

The median single-family home price in Lathrop, CA is $667,990 (about $292 per square foot).

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