Lucerne, CA Housing Market
Median List Price
$249,999
Updated August 2026
Today, Lucerne has 34 homes for sale at a median list price of $249,999, typically selling in about 120 days.
Lucerne Market Analysis
Buyers in Lucerne, CA are looking at a median list price of $249,999. On a per square foot basis, the median runs $219. Since January, the median price has moved down about 74.2% to $73,000 as of July.
It takes about 129 days for the typical home here to go under contract. That longer timeline gives buyers some leverage in negotiations. Lucerne, CA has 34 active listings on the market right now. 5 new listings came on the market in the last 30 days.
Pricing spreads from a $204,950 median for two bedroom homes to $499,000 for four bedroom homes. Most of what is for sale here is single family homes, about 76.5% of the mix, with manufactured homes accounting for another 23.5%. Lucerne, CA sits within the 95458 ZIP code.
Lucerne Market Pulse
Topfind Market Read
Buyers hold the edge right now. 17.0 months of supply is more than current demand absorbs, and the typical home takes about 120 days to sell. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$250K
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
17.0 months of supply
Ample Supply34 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 ~120 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Lucerne
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
71%
Homeowners
29%
Renters
Homeownership is 15.5 points higher than the California average (55.5%)
1,371 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $45K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$163K)
Price Reductions
16 listings have reduced their price
47% of active listings
Average reduction: 12.9% (~$32K)
Browse Lucerne Listings
Frequently Asked Questions about the Lucerne, CA Housing Market
What is the median home price in Lucerne, CA?
The median list price in Lucerne is $249,999 as of August 2026, based on 34 active listings.
Is Lucerne a buyer's market or a seller's market?
Lucerne currently reads as a strong buyer's market. Active inventory works out to about 17.0 months of supply at the recent sales pace.
How fast do homes sell in Lucerne?
Homes that closed in the last 90 days typically went under contract in about 129 days. The average home currently for sale has been on the market for 120 days.
How many homes are for sale in Lucerne, CA?
There are 34 homes for sale in Lucerne right now, including 2 listed within the last week.