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Featured local agent — Lucerne, CA
Sarah Mitchell
Compass Real Estate · Lucerne, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lucerne, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$295,000median sale price
How is the Lucerne, CA housing market right now?
The median home sale price in Lucerne, CA is $295,000, down 16.3% year-over-year. Homes sell in an average of 59 days with 27 active listings. The market is currently a buyer's market. (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 Lucerne a buyer's or seller's market?
Lucerne, CA is currently a buyer's market, based on 6.8 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
59
Average pace
Active listings
27
6.8 months supply
Sale-to-list
92.1%
Below asking
What does the Lucerne housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $295,000 |
| Median list price | $294,450 |
| Year-over-year price change | -16.3% |
| Average days on market | 59 days |
| Active inventory | 27 listings |
| Months of supply | 6.8 months |
| Sale-to-list price ratio | 92.1% |
| Median price per sq ft | $221/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 4 |
| Listings with a price cut | 22.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lucerne by property type?
How the Lucerne, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $295,000 | $221/sq ft | 4 | 59 days |
Source: Redfin · Updated monthly
The Lucerne housing market is currently classified as a buyer's market with a median sale price of $295,000. Prices have fallen 16.3% compared to last year, with homes spending an average of 59 days on market, indicating 6.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Lucerne
There are currently 27 homes listed for sale in Lucerne, California. The median listing price is $294K.
Active listings
27
Homes on market
Median list price
$294K
Avg. days on market
59
Days until sale
New this week
4
Newly listed
Who lives in Lucerne?
Population
3,156
Median income
$47,460/yr
Median age
40.7 years
Owner-occupied
70.9%
College grads
7.3%
Avg commute
33.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Lucerne?
Zillow home value
$246,814
Price-to-income
5.2x
Source: Zillow Research
What is it like to live in Lucerne?
Lucerne is a community of approximately 3K residents with a median age of 40.7 years.The median household income is $47,460, which represents a working-class community with solid middle-income opportunities. 7.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lucerne offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lucerne?
1 schools tracked · 292 students
The largest public schools serving Lucerne, 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.
Lucerne Elementary
Grades K-8 · 292 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 Lucerne, CA?
Want a head-to-head view? Compare Lucerne side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lucerne?
The median home sale price in Lucerne is $295,000, down 16.3% from last year.
How long do homes stay on market in Lucerne?
Homes typically spend 59 days on market before going under contract.
What is the median income in Lucerne?
The median household income is $47,460 per year.
Is Lucerne a buyer's or seller's market?
With 6.8 months of supply, Lucerne is currently a buyer's market.
What is the Zillow home value estimate for Lucerne?
The Zillow Home Value Index (ZHVI) for Lucerne is $246,814, representing the typical home value in the area.
How much does a single-family home cost in Lucerne?
The median single-family home price in Lucerne, CA is $295,000 (about $221 per square foot).
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