Clearlake, CA—95422
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clearlake, CA
As of Oct '25, the median home price in Clearlake, CA is $201,000, with a year-over-year change of -5.0%. This indicates that home prices in Clearlake, CA are decreasing. According to Zillow, the 1-year price projection is -5.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $201,000 | -5.0% |
| Single Family | $201,000 | -5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $107,000 | -13.0% |
2 Bed | $171,000 | -8.1% |
3 Bed | $250,000 | -3.5% |
4 Bed | $294,000 | -3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Clearlake, CA
As of July '25, Rentcast reports the average rent in Clearlake, CA is $1,270, with a year-over-year rent change of -7.3%. Per bedroom, the median rent as of July '25 in Clearlake, CA is studios: $682, 1-bedrooms: $956, 2-bedrooms: $1,460, 3-bedrooms: $1,830, 4-bedrooms: $1,800. The most common rental property sizes in Clearlake, CA are 2-bedroom and 3-bedroom, accounting for 36.8% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,270 |
| Studio Rent | $745 | $682 |
| 1 Bed Rent | $900 | $956 |
| 2 Bed Rent | $1,500 | $1,460 |
| 3 Bed Rent | $1,800 | $1,830 |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Clearlake, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Clearlake, CA is 92. This is a increase of 43.0% 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 | $288,000 | 6.0% |
Listing Count | 95 | 12.0% |
| Listings as % of Homes | 0.8% | 12.0% |
Days on Market | 92 | 43.0% |
Demographics — Clearlake, CA
As of the latest ACS Survey released in 2023, Clearlake, CA has a population of 17,100, which has increased by 10.0% over the past 5 years. Clearlake, CA is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 7.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,100 | 10.0% |
% Under 18 | 27.7% | 9.9% |
% Seniors | 17.6% | 6.0% |
% WFH | 10.4% | -31.1% |
% w/ College Degree | 7.7% | -14.4% |
As of the latest ACS Survey released in 2023, Clearlake, CA is a predominantly white area, with 55.8% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Clearlake, CA is hispanic, making up 30.3% of the population. Foreign-born residents account for 9.6% of the population in Clearlake, CA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.8% | -8.5% |
% Black | 4.1% | -18.0% |
% Hispanic | 30.3% | 5.6% |
% Asian | 1.1% | 450.0% |
% Foreign Born | 9.6% | 0.0% |
Mortgage and Risk — Clearlake, CA
According to HUD data as of 2023, there were 159 mortgage originations in Clearlake, CA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Clearlake, CA. Investor activity is low, as 6.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 159 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 6.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Clearlake, CA
Clearlake, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 254 |
Total Units Section 8 | 254 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 82.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $900 | $950 |
| 2 Bedroom | -$250 | $1,500 | $1,250 |
| 3 Bedroom | -$50 | $1,800 | $1,750 |
| 4 Bedroom | $300 | $1,800 | $2,100 |
Affordability — Clearlake, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $201,000 |
| Median Household Income | $42,100 |