93240 Housing Market
Median List Price
$262,500
Updated August 2026
Today, the 93240 ZIP code in Lake Isabella, CA has 8 homes for sale at a median list price of $262,500, typically selling in about 12 days.
93240 Housing Market Overview
The 93240 ZIP code currently shows a median list price of $262,500. That is about 24.8% below the Lake Isabella median. There are 8 homes currently listed for sale in the 93240 ZIP code.
Two bedroom homes are the most affordable tier at a median of $167,500, while one bedroom homes top the range at $389,000. Over the last six months, the median price has eased about 68.9%, from $315,000 in December 2025 to $98,000 in July 2026.
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.
Median Home Price
$263K
Chart shows the median closed sale price by month
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.
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.
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.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 93240 Area
Homeownership is higher than average, and most households in this area own rather than rent.
62%
Homeowners
38%
Renters
Homeownership is 6.5 points higher than the California average (55.5%)
1,577 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $-62K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$97K)
Price Reductions
2 listings have reduced their price
25% of active listings
Average reduction: 3.9% (~$10K)
Browse 93240 Listings
Frequently Asked Questions about the 93240 Housing Market
What is the median home price in the 93240 ZIP code?
The median list price in the 93240 ZIP code is $262,500 as of August 2026, based on 8 active listings.
Is the 93240 ZIP code a buyer's market or a seller's market?
The 93240 ZIP code currently reads as a seller's market. Active inventory works out to about 8.0 months of supply at the recent sales pace.
How fast do homes sell in the 93240 ZIP code?
The average home currently for sale in the 93240 ZIP code has been on the market for 12 days.
How many homes are for sale in the 93240 ZIP code?
There are 8 homes for sale in the 93240 ZIP code right now.