There are currently 1,159 real estate properties in Lower Lake, CA, with a median automated valuation model (AVM) price of $308,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lower Lake, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lower Lake, CA, is $377,598.00, with the most expensive house in Lower Lake, CA, topping out at $3,517,850.00 and the cheapest home in Lower Lake, CA, clocking in at $56,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Lower Lake, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lower Lake, CA, is on a rollercoaster ride. The average rent price in Lower Lake, CA, is $1,560.00. Indeed, when looking to rent in Lower Lake, CA, you can expect to pay as little as $770.00 or as much as $3,580.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Lower Lake, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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