Lake Balboa, CA Housing Market
Median List Price
$1,049,900
Updated August 2026
Today, Lake Balboa has 27 homes for sale at a median list price of $1,049,900, typically selling in about 28 days.
Lake Balboa Market Analysis
Buyers in Lake Balboa, CA are looking at a median list price of $1M. On a per square foot basis, the median runs $526. Since February, the median price has moved up about 5.5% to $906,000 as of July.
It takes about 25 days for the typical home here to go under contract. Lake Balboa, CA has 27 active listings on the market right now. 12 new listings came on the market in the last 30 days.
Pricing spreads from a $625,000 median for two bedroom homes to $1.1M for four bedroom homes. Most of what is for sale here is single family homes, about 77.8% of the mix. Addresses here carry the 91406 ZIP code.
Lake Balboa Rental Market
Renters in Lake Balboa, CA are looking at a median asking rent of $3,975. Since February, the median rent has moved up about 11.5% to $4,350 as of July. Lake Balboa, CA has 17 active rental listings on the market right now.
Lake Balboa Market Pulse
Topfind Market Read
Sellers hold the edge right now. The typical home sells in about 28 days, and sale prices are up 5% over the last six months and 2% over the past year. At the same time, 26% of sellers have trimmed their asking price, and sales volume is down 17% versus six months ago, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.05M
↑ 2% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.5 months of supply
Balanced Supply27 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~28 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 28% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $156K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$297K)
Price Reductions
7 listings have reduced their price
26% of active listings
Average reduction: 5.5% (~$58K)
Browse Lake Balboa Listings
Frequently Asked Questions about the Lake Balboa, CA Housing Market
What is the median home price in Lake Balboa, CA?
The median list price in Lake Balboa is $1,049,900 as of August 2026, based on 27 active listings.
Is Lake Balboa a buyer's market or a seller's market?
Lake Balboa currently reads as a seller's market. Active inventory works out to about 4.5 months of supply at the recent sales pace.
How fast do homes sell in Lake Balboa?
Homes that closed in the last 90 days typically went under contract in about 25 days. The average home currently for sale has been on the market for 28 days.
Are home prices in Lake Balboa going up or down?
The median sale price in Lake Balboa is up about 1.8% compared with a year ago.
How many homes are for sale in Lake Balboa, CA?
There are 27 homes for sale in Lake Balboa right now, including 2 listed within the last week.
What is the median rent in Lake Balboa?
The median asking rent in Lake Balboa is $3,975 per month, across 17 active rental listings.