Lucerne Valley, CA—92356
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lucerne Valley, CA
As of Nov '25, the median home price in Lucerne Valley, CA is $253,000, with a year-over-year change of -2.6%. This indicates that home prices in Lucerne Valley, CA are decreasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | -2.6% |
| Single Family | $253,000 | -2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $137,000 | -2.8% |
2 Bed | $217,000 | -3.6% |
3 Bed | $306,000 | -1.9% |
4 Bed | $371,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lucerne Valley, CA
As of July '25, Rentcast reports the average rent in Lucerne Valley, CA is $1,950, with a year-over-year rent change of 8.3%. Per bedroom, the median rent as of July '25 in Lucerne Valley, CA is 2-bedrooms: $1,430, 3-bedrooms: $2,220, 4-bedrooms: $2,700. The most common rental property sizes in Lucerne Valley, CA are 3-bedroom and 2-bedroom, accounting for 48.2% and 34.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,710 | $1,430 |
| 3 Bed Rent | $2,000 | $2,220 |
| 4 Bed Rent | $2,700 | $2,700 |
% of Rental Stock
Property Listings — Lucerne Valley, CA
As of Nov '25, Realtor.com reports that the median days on market for a home in Lucerne Valley, CA is 119. This is a increase of 45.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $325,000 | -3.0% |
Listing Count | 72 | 27.0% |
| Listings as % of Homes | 1.6% | 27.0% |
Days on Market | 119 | 45.0% |
Demographics — Lucerne Valley, CA
As of the latest ACS Survey released in 2023, Lucerne Valley, CA has a population of 6,660, which has increased by 9.9% over the past 5 years. Lucerne Valley, CA is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,660 | 9.9% |
% Under 18 | 24.1% | 13.7% |
% Seniors | 17.7% | -1.7% |
% WFH | 4.5% | -61.9% |
% w/ College Degree | 14.6% | 39.0% |
As of the latest ACS Survey released in 2023, Lucerne Valley, CA is a predominantly white area, with 56.0% of the population identifying as white. The white population has shrunk by 15.5% in the last 5 years. The second most common race or ethnicity in Lucerne Valley, CA is hispanic, making up 32.0% of the population. Foreign-born residents account for 17.9% of the population in Lucerne Valley, CA, and this percentage has increased by 225.5% 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 | 56.0% | -15.5% |
% Black | 2.9% | 45.0% |
% Hispanic | 32.0% | 17.6% |
% Asian | 3.2% | 255.6% |
% Foreign Born | 17.9% | 225.5% |
Mortgage and Risk — Lucerne Valley, CA
According to HUD data as of 2023, there were 96 mortgage originations in Lucerne Valley, CA, of which 45.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Lucerne Valley, CA. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 96 |
% Conventional Loans | 45.0% |
% Government Loans | 55.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Lucerne Valley, CA
Lucerne Valley, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,450 |
| 2 Bedroom | $100 | $1,710 | $1,810 |
| 3 Bedroom | $440 | $2,000 | $2,440 |
| 4 Bedroom | $280 | $2,700 | $2,980 |
Affordability — Lucerne Valley, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $253,000 |
| Median Household Income | $46,600 |