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- Upper Lake Housing Market
Upper Lake, CA Housing Market
Median List Price
$388,000
Updated August 2026
Today, Upper Lake has 9 homes for sale at a median list price of $388,000, typically selling in about 46 days.
Upper Lake Market Analysis
The median list price in Upper Lake, CA is $388,000. Current inventory stands at 9 active listings. 2 new listings came on the market in the last 30 days.
Expect a median around $309,250 for two bedroom homes and $471,500 at the three bedroom end. Single family homes lead the mix at 77.8%, with manufactured homes accounting for another 22.2%. January to July saw the median price go from $415,000 to $500,000, up about 20.5%. Per square foot, the median stands at $270.
Homes here typically go under contract in about 1 days. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Addresses here carry the 95485 ZIP code.
Upper Lake Rental Market
The median asking rent in Upper Lake, CA is $1,800. Current inventory stands at 1 active rental listings.
Upper Lake Market Pulse
Topfind Market Read
Buyers hold the edge right now. 9.0 months of supply is more than current demand absorbs, and sale prices have eased 9% over the last six months and are 8% below a year ago. At the same time, 67% of current listings are under 30 days old, and selling times have improved 14% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$388K
↓ 8% 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
9.0 months of supply
Ample Supply9 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 ~46 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 14% over the last six months.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Upper Lake
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
91%
Homeowners
9%
Renters
Homeownership is 35.5 points higher than the California average (55.5%)
473 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $56K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$149K)
Price Reductions
5 listings have reduced their price
56% of active listings
Average reduction: 3.0% (~$12K)
Browse Upper Lake Listings
Frequently Asked Questions about the Upper Lake, CA Housing Market
What is the median home price in Upper Lake, CA?
The median list price in Upper Lake is $388,000 as of August 2026, based on 9 active listings.
Is Upper Lake a buyer's market or a seller's market?
Upper Lake currently reads as a buyer's market. Active inventory works out to about 9.0 months of supply at the recent sales pace.
How fast do homes sell in Upper Lake?
Homes that closed in the last 90 days typically went under contract in about 1 days. The average home currently for sale has been on the market for 46 days.
Are home prices in Upper Lake going up or down?
The median sale price in Upper Lake is down about 8.1% compared with a year ago.
How many homes are for sale in Upper Lake, CA?
There are 9 homes for sale in Upper Lake right now.
What is the median rent in Upper Lake?
The median asking rent in Upper Lake is $1,800 per month, across 1 active rental listings.