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Sarah Mitchell

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Compass Real Estate · Lompoc, CA

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

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

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Lompoc, CA Housing Market

Strong seller's market+3.7% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Lompoc, CA is worth $597,835, rose 3.7% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $589,000, -3.1% year over year (through May 2026). With 1.3 months of supply and homes going under contract in about 24 days, Lompoc is a strong seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $597,835 home is about $3,073/mo in principal and interest.

Key numbers for Lompoc, CA

Typical home value

$597,835

+3.7% in 12 months

Zillow, July 2026

Typical asking rent

$2,240/mo

Zillow Observed Rent Index

Zillow, July 2026

Median sale price

$589,000

-3.1% year over year

Redfin, through May 2026

Days on market

24

Average pace

Redfin, through May 2026

Active listings

33

1.3 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

$70,038

Home costs 8.5x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.4%

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 Lompoc a buyer's or seller's market?

Strong seller's market1.3 months of supply24 days on market100.4% of asking

Lompoc, CA is a strong seller's market, based on 1.3 months of supply and homes selling in about 24 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Lompoc housing market data show?

Every row below is Redfin's final published month for Lompoc, CA. Redfin, through May 2026

Housing market statistics for Lompoc, CA, Redfin through May 2026
MetricValue
Median sale price$589,000
Median list price$610,000
Year-over-year price change-3.1%
Median price per sq ft$392/sq ft
Median days on market24 days
Active inventory33 listings
Months of supply1.3 months
Sale-to-list price ratio100.4%
Homes sold (that month)25
New listings (that month)23
Listings with a price cut33.3%
Market conditionStrong 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 Lompoc is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Lompoc 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 Lompoc home prices moved?

Over the last three years the median sale price in Lompoc, CA rose 10.5%, from $533,000 to $589,000. The live Zillow value series has rose 3.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 33.3% of Lompoc 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 1.3 months while the sale-to-list ratio slips below its current 100.4%. 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 Lompoc?

Priced off the typical home value of $597,835 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.

Monthly principal and interest by down payment in Lompoc, CA
Down paymentCash at closeLoan amountMonthly P&I
20%$119,567$478,268$3,073/mo
5%$29,892$567,943$3,650/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 $3,073, that implies roughly $131,720 a year before you add taxes and insurance. The median household in Lompoc earns $70,038, about $61,682 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 8.5x — 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 Lompoc in the next 12 months?

Tell us your timeline. We send the Lompoc market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Lompoc?

Typical asking rent in Lompoc, CA is $2,240/mo, against a typical home value of $597,835. That is a price-to-rent ratio of 22.2x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $3,073 a month — $834 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, July 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Lompoc?

Active listings in Lompoc, CA went from 45 in May 2025 to 33 in May 2026, a -26.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Lompoc, CA
MonthActive listingsNew listings
June 20255228
July 20255522
August 20255828
September 20255320
October 20255221
November 20255221
December 20253415
January 20262715
February 20263315
March 20263528
April 20263728
May 20263323

Redfin, through May 2026

How does Lompoc compare to California and the U.S.?

Lompoc homes sell for $589,00034% below the California median of $887,400. Against the national median of $410,700, Lompoc runs 43% higher. Year-over-year, Lompoc moved -3.1% against California's +3.4%a smaller swing than the state as a whole.

Lompoc, CA compared with California and the United States
MarketMedian sale priceYoYDays on market
Lompoc, CA$589,000-3.1%24 days
California statewide$887,400+3.4%33 days
United States$410,700not publishednot 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 Lompoc

What buyers should watch

  • Months of supply, currently 1.3. 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 $576 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 $597,835 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 Lompoc listing goes under contract in 24 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 100.4% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Lompoc added 23 new listings against 25 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved +3.7% 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 Lompoc varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Lompoc

There are currently 33 homes listed for sale in Lompoc, California. The median listing price is $610K.

Active listings

33

Homes on market

Median list price

$610K

Avg. days on market

24

Days until sale

New this week

23

Newly listed

Price drops:33.3%of listings
Sale-to-list:100.4%

How much do homes cost in Lompoc by property type?

How the Lompoc, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Lompoc, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$595,000$417/sq ft2218 days
Condo / co-op$424,000$340/sq ft349 days

Who lives in Lompoc?

American Community Survey estimates for Lompoc. U.S. Census ACS, 2023

Population

43,819

Households

13,853

Median income

$70,038/yr

Median age

34.5 years

Owner-occupied

49.9%

Median home value

$433,800

Median gross rent

$1,516/mo

Mean commute

27.8 min

49.9% of occupied homes in Lompoc 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 $433,800 against Zillow's $597,835 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,516/mo, below Zillow's $2,240/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Lompoc?

16 schools tracked · 8,357 students

The largest public schools serving Lompoc, 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.

Lompoc High

Grades 9-12 · 1,649 students

Public

Cabrillo High

Grades 9-12 · 1,074 students

Public

Lompoc Valley Middle

Grades 7-8 · 769 students

Public

Arthur Hapgood Elementary

Grades K-6 · 735 students

Public

Miguelito Elementary

Grades K-6 · 629 students

Public

La Canada Elementary

Grades K-6 · 550 students

Public

Buena Vista Elementary

Grades K-6 · 524 students

Public

La Honda STEAM Academy

Grades K-6 · 502 students

Public

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 Lompoc, CA?

Ordered by distance from Lompoc, not by size. Compare Lompoc side by side with any of them.

Lompoc housing market FAQ

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

Lompoc, CA is currently a strong seller's market. That read comes from 1.3 months of supply, homes going under contract in about 24 days, and sellers getting 100.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Lompoc?

The typical home in Lompoc, CA is worth $597,835 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $589,000, about $392 per square foot.

Is Lompoc cheaper than the rest of California?

Lompoc's median sale price of $589,000 is 34% lower than the California statewide median of $887,400, and 43% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Lompoc?

Homes in Lompoc, CA spent a median of 24 days on market before going under contract, versus 33 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Lompoc?

At the current 30-year fixed rate of 6.66%, 20% down on a $597,835 home is about $3,073 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $131,720 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $70,038.

Are home prices rising in Lompoc?

The typical home value in Lompoc, CA rose 3.7% over the last 12 months, from $576,245 to $597,835 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Lompoc?

Lompoc 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 Lompoc?

That depends on your timeline, not on a headline. What the data says today: Lompoc, CA is a strong seller's market with 1.3 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 22.2x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.