Home Values

Lakeport Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$248,900

  • 25.6% 1-year change
  • None 1-year forecast

The median home value in Lakeport is $248,900. Lakeport home values have gone up 25.6% over the past year. The median list price per square foot in Lakeport is None. The median rent price in Lakeport is $1,195, which is higher than the Clearlake Metro median of $1,050.

Foreclosures will be a factor impacting home values in the next several years. In Lakeport 3.9 homes are foreclosed (per 10,000). This is the same as the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lakeport is 6.1%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lakeport homeowners underwater on their mortgage is 20.8%.

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Relative ZHVI
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Lakeport Market Overview

Data through Apr 30, 2015
  • $248,900 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $245,000 Median sale price (Mar 31, 2015)
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Lakeport Market Health

Data through Apr 30, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 20.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 6.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.9 homes Lakeport
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Cloverdale $384,000
Redwood Valley $340,000
Ukiah $278,900
Name Median ZHVI
Upper Lake $183,100
Kelseyville $177,800
Clearlake Oaks $129,800
Name Median ZHVI
Lucerne $104,300
Nice $87,900
Clearlake $85,900

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $165 Median sale price / sq ft
  • No data Listings with price cut
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Lakeport Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,219 Lakeport
    $1,193 Clearlake Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,195 Rent list price
  • $0.86 Rent list price / sq ft
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