Lake Isabella, CA—93240
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake Isabella, CA
As of Oct '25, the median home price in Lake Isabella, CA is $219,000, with a year-over-year change of -1.8%. This indicates that home prices in Lake Isabella, CA are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | -1.8% |
| Single Family | $219,000 | -2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $97,000 | -3.0% |
2 Bed | $174,000 | -3.3% |
3 Bed | $263,000 | -1.5% |
4 Bed | $354,000 | 0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lake Isabella, CA
As of July '25, Rentcast reports the average rent in Lake Isabella, CA is $2,210, with a year-over-year rent change of 14.5%. Per bedroom, the median rent as of July '25 in Lake Isabella, CA is 3-bedrooms: $2,210, 4-bedrooms: $2,200. The most common rental property sizes in Lake Isabella, CA are 2-bedroom and 3-bedroom, accounting for 60.1% and 19.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,720 | $2,210 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Lake Isabella, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Isabella, CA is 101. This is a increase of 47.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $292,000 | 7.0% |
Listing Count | 44 | 36.0% |
| Listings as % of Homes | 0.9% | 36.0% |
Days on Market | 101 | 47.0% |
Demographics — Lake Isabella, CA
As of the latest ACS Survey released in 2023, Lake Isabella, CA has a population of 5,620, which has decreased by -11.4% over the past 5 years. Lake Isabella, CA is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 10.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,620 | -11.4% |
% Under 18 | 26.0% | 42.1% |
% Seniors | 28.4% | -3.7% |
% WFH | 4.8% | 11.6% |
% w/ College Degree | 10.4% | -40.6% |
As of the latest ACS Survey released in 2023, Lake Isabella, CA is a predominantly white area, with 77.8% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Lake Isabella, CA is hispanic, making up 13.1% of the population. Foreign-born residents account for 4.8% of the population in Lake Isabella, CA, and this percentage has increased by 54.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.8% | -12.0% |
% Black | 0.7% | 0.0% |
% Hispanic | 13.1% | 104.7% |
% Asian | 2.4% | 2,300.0% |
% Foreign Born | 4.8% | 54.8% |
Mortgage and Risk — Lake Isabella, CA
According to HUD data as of 2023, there were 66 mortgage originations in Lake Isabella, CA, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Lake Isabella, CA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Lake Isabella, CA
Lake Isabella, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $930 |
| 2 Bedroom | N/A | N/A | $1,200 |
| 3 Bedroom | -$40 | $1,720 | $1,680 |
| 4 Bedroom | -$180 | $2,200 | $2,020 |
Affordability — Lake Isabella, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $219,000 |
| Median Household Income | $28,500 |