Lake Hughes, CA—93532
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake Hughes, CA
As of Oct '25, the median home price in Lake Hughes, CA is $418,000, with a year-over-year change of -1.6%. This indicates that home prices in Lake Hughes, CA are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $418,000 | -1.6% |
| Single Family | $418,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $275,000 | -6.1% |
2 Bed | $364,000 | -2.2% |
3 Bed | $444,000 | -2.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lake Hughes, CA
As of July '25, Rentcast reports the average rent in Lake Hughes, CA is $2,300, with a year-over-year rent change of 130.0%. Per bedroom, the median rent as of July '25 in Lake Hughes, CA is 1-bedrooms: $1,700, 3-bedrooms: $2,600. The most common rental property sizes in Lake Hughes, CA are 3-bedroom and 2-bedroom, accounting for 64.4% and 35.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,700 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,500 | $2,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lake Hughes, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Hughes, CA is 89. This is a increase of 46.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $412,000 | -19.0% |
Listing Count | 34 | 6.0% |
| Listings as % of Homes | 2.3% | 6.0% |
Days on Market | 89 | 46.0% |
Demographics — Lake Hughes, CA
As of the latest ACS Survey released in 2023, Lake Hughes, CA has a population of 2,760, which has decreased by -3.8% over the past 5 years. Lake Hughes, CA is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,760 | -3.8% |
% Under 18 | 20.1% | -8.6% |
% Seniors | 22.0% | 49.7% |
% WFH | 12.7% | -15.3% |
% w/ College Degree | 23.1% | 6.0% |
As of the latest ACS Survey released in 2023, Lake Hughes, CA is a predominantly white area, with 72.8% of the population identifying as white. The white population has grown by 8.3% in the last 5 years. The second most common race or ethnicity in Lake Hughes, CA is hispanic, making up 19.7% of the population. Foreign-born residents account for 15.7% of the population in Lake Hughes, CA, and this percentage has increased by 153.2% 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 | 72.8% | 8.3% |
% Black | 2.1% | 50.0% |
% Hispanic | 19.7% | -23.9% |
% Asian | 2.0% | 81.8% |
% Foreign Born | 15.7% | 153.2% |
Mortgage and Risk — Lake Hughes, CA
According to HUD data as of 2023, there were 46 mortgage originations in Lake Hughes, CA, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Lake Hughes, CA. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 46 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lake Hughes, CA
Lake Hughes, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $1,700 | $1,810 |
| 2 Bedroom | N/A | N/A | $2,290 |
| 3 Bedroom | $440 | $2,500 | $2,940 |
| 4 Bedroom | N/A | N/A | $3,240 |
Affordability — Lake Hughes, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $418,000 |
| Median Household Income | $99,400 |