1 / 20
Price cut: $11,000 (8/7)
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$349,000FOR SALE
2 beds · 2 baths · 2,100 sqft
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8 homes in 93240
Homes for Sale in 93240
Lake Isabella, CA
5209 Lake Isabella, Lake Isabella, CA 93240
1 / 58
$265,000FOR SALE
3 beds · 2 baths · 1,300 sqft
Miramar Realty
1 / 19
$214,999FOR SALE
2 beds · 2 baths · 1,000 sqft
MV & Associates
1 / 51
$389,000FOR SALE
1 beds · 1 baths · 688 sqft
Keller Williams Realty Kern
1 / 20
Price cut: $20,001 (8/13)
$399,999FOR SALE
3 beds · 2 baths · 1,600 sqft
Pinnacle Estate Properties, Inc.
1 / 7
$100,000FOR SALE
2 beds · 1 baths · 926 sqft
Real Broker
1 / 12
$120,000FOR SALE
2 beds · 1 baths · 768 sqft
Gentile Real Estate
1 / 13
$259,999FOR SALE
3 beds · 2 baths · 1,728 sqft
Realty Executives Platinum
About 93240 Real Estate
About Lake Isabella: The 93240 ZIP code is in Lake Isabella, CA. Lake Isabella is a census-designated place (CDP) in the southern Sierra Nevada, in Kern County, California, United States. It is named after the Lake Isabella reservoir and located at the lake’s southwestern edge, 6 miles (9.7 km) south of Wofford Heights in the Kern River Valley.
Today, the 93240 area has 8 homes for sale with a median listing price of $265K. The average price per square foot is $227.
93240 Area Market Pulse
Topfind Market Read
The picture is mixed here. The typical home sells in about 12 days, yet 8.0 months of supply is more than current demand absorbs, and selling times have slowed 52% versus six months ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Buyer leverageBalancedSeller leverage
Median Home Price
$265K
Chart shows the median closed sale price by month
$330.8K$248.3K$168.2K$88.2K
Sep 25
Dec 25
Apr 26
Months of Supply
Estimated time to sell all listings at the current sales pace
8.0 months of supply
Ample Supply8 active listings, plenty of options to choose from.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
8.0
0369+
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~12 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are selling extremely fast, so expect multiple offers, quick decisions, and limited room to negotiate. That said, the pace has eased 52% versus six months ago.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 93240 Area
Homeownership is higher than average, and most households in this area own rather than rent.
HomeownersRenters
62%
Homeowners
38%
Renters
Homeownership is 6.5 points higher than the California average (55.5%)
Higher ownership rates often reflect more stable neighborhoods and longer-term residents.
1,577 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
1 Bed$389K
2 Bed$196K
3 Bed$308K
Each additional bedroom adds about $-40K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$112K)
Price Reductions
2
2 listings have reduced their price
25% of active listings
Average reduction: 3.9% (~$10K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Lake Isabella
Frequently Asked Questions about Homes for Sale in 93240, CA
How many homes are for sale in 93240, CA?
There are currently 8 homes for sale in 93240, ranging from $100,000 to $399,999.
What is the median home price in 93240?
The median list price in 93240 is $265,000. Price per square foot averages $227.
How fast do homes sell in 93240?
Homes in 93240 currently average 12 days on the market, a very fast pace where well-priced homes attract offers within days.
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