Lucerne, CA—95458
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lucerne, CA
As of Oct '25, the median home price in Lucerne, CA is $242,000, with a year-over-year change of -5.4%. This indicates that home prices in Lucerne, CA are decreasing. According to Zillow, the 1-year price projection is -4.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $242,000 | -5.4% |
| Single Family | $242,000 | -5.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $135,000 | -16.7% |
2 Bed | $209,000 | -8.3% |
3 Bed | $300,000 | -2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lucerne, CA
As of July '25, Rentcast reports the average rent in Lucerne, CA is $2,800, with a year-over-year rent change of 166.7%. Per bedroom, the median rent as of July '25 in Lucerne, CA is 3-bedrooms: $2,800. The most common rental property sizes in Lucerne, CA are 2-bedroom and studio, accounting for 82.5% and 7.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,800 | $2,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lucerne, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lucerne, CA is 112. This is a increase of 68.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $283,000 | -14.0% |
Listing Count | 35 | 42.0% |
| Listings as % of Homes | 0.9% | 42.0% |
Days on Market | 112 | 68.0% |
Demographics — Lucerne, CA
As of the latest ACS Survey released in 2023, Lucerne, CA has a population of 3,360, which has increased by 11.5% over the past 5 years. Lucerne, CA is a moderately popular place for families, as children make up 16.7% of the population. The area has a poorly educated workforce, with 7.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,360 | 11.5% |
% Under 18 | 16.7% | -13.5% |
% Seniors | 24.0% | 62.2% |
% WFH | 18.1% | 269.4% |
% w/ College Degree | 7.0% | -63.7% |
As of the latest ACS Survey released in 2023, Lucerne, CA is a predominantly white area, with 70.2% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Lucerne, CA is hispanic, making up 16.1% of the population. Foreign-born residents account for 2.8% of the population in Lucerne, CA, and this percentage has decreased by 77.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.2% | -1.3% |
% Black | 4.9% | 69.0% |
% Hispanic | 16.1% | 11.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.8% | -77.8% |
Mortgage and Risk — Lucerne, CA
According to HUD data as of 2023, there were 50 mortgage originations in Lucerne, CA, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Lucerne, CA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Lucerne, CA
Lucerne, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 46 |
Total Units Section 8 | 46 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 86.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,280 |
| 3 Bedroom | -$1,010 | $2,800 | $1,790 |
| 4 Bedroom | N/A | N/A | $2,150 |
Affordability — Lucerne, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $242,000 |
| Median Household Income | $49,000 |