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Featured local agent — Phoenix Lake, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Phoenix Lake, CA

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

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

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Phoenix Lake, CA Housing Market & Real Estate

Buyer's market+5.8% YoY

Housing market overview · Updated monthly ·

$485,000median sale price

How is the Phoenix Lake, CA housing market right now?

The median home sale price in Phoenix Lake, CA is $485,000, up 5.8% year-over-year. Homes sell in an average of 175 days with 30 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 Phoenix Lake a buyer's or seller's market?

Buyer's market15.0 months of supply175 avg. days on market

Phoenix Lake, CA is currently a buyer's market, based on 15.0 months of supply and homes selling in about 175 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

175

Average pace

Active listings

30

15.0 months supply

Sale-to-list

98.5%

Below asking

What does the Phoenix Lake housing market data show?

Current housing market statistics for Phoenix Lake, CA
MetricValue
Median sale price$485,000
Median list price$624,000
Year-over-year price change+5.8%
Average days on market175 days
Active inventory30 listings
Months of supply15.0 months
Sale-to-list price ratio98.5%
Median price per sq ft$259/sq ft
Homes sold (latest month)2
New listings (latest month)12
Listings with a price cut40.0%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Phoenix Lake by property type?

How the Phoenix Lake, 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 Phoenix Lake, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$485,000$259/sq ft2175 days

Source: Redfin · Updated monthly

The Phoenix Lake housing market is currently classified as a buyer's market with a median sale price of $485,000. Prices have risen 5.8% compared to last year, with homes spending an average of 175 days on market, indicating 15.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Phoenix Lake

There are currently 30 homes listed for sale in Phoenix Lake, California. The median listing price is $624K.

Active listings

30

Homes on market

Median list price

$624K

Avg. days on market

175

Days until sale

New this week

12

Newly listed

Price drops:40.0%of listings
Sale-to-list:98.5%

Who lives in Phoenix Lake?

Population

4,505

Median income

$78,750/yr

Median age

56.5 years

Owner-occupied

87.3%

College grads

24.8%

Avg commute

31.6 min

Source: U.S. Census Bureau ACS

What is it like to live in Phoenix Lake?

Phoenix Lake is a community of approximately 5K residents with a median age of 56.5 years.The median household income is $78,750, which reflects a relatively affluent area with strong earning potential. 24.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 87.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Phoenix Lake offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Phoenix Lake, CA?

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

Frequently asked questions

What is the average home price in Phoenix Lake?

The median home sale price in Phoenix Lake is $485,000, up 5.8% from last year.

How long do homes stay on market in Phoenix Lake?

Homes typically spend 175 days on market before going under contract.

What is the median income in Phoenix Lake?

The median household income is $78,750 per year.

Is Phoenix Lake a buyer's or seller's market?

With 15.0 months of supply, Phoenix Lake is currently a buyer's market.

How much does a single-family home cost in Phoenix Lake?

The median single-family home price in Phoenix Lake, CA is $485,000 (about $259 per square foot).

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