15 homes in Lake Hughes
Homes for Sale in Lake Hughes, TN
About Lake Hughes, TN Real Estate
Lake Hughes is an unincorporated community and census-designated place in northern Los Angeles County, California, United States. It is in the Sierra Pelona Mountains, northwest of Palmdale and north of the Santa Clarita Valley, in the Angeles National Forest. It is on the sag pond waters of Lake Hughes and Elizabeth Lake. The community is rural in character, with a population of 544 at the 2020 census, but also has a strong recreational element centered on the three lakes in the vicinity. The community of Elizabeth Lake is located just east of Lake Hughes, sharing the same ZIP code.
Lake Hughes is a rural community centered around Elizabeth Lake. Features equestrian properties and mountain atmosphere.
Today, Lake Hughes has 15 homes for sale at a median price of $487,490, typically selling in about 78 days.
Top Rated Schools in Lake Hughes
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- 6Hughes-Elizabeth Lakeselementary
Why Live in Lake Hughes?
- Lake access
- Equestrian properties
- Mountain atmosphere
- Rural living
Lake Hughes Market Pulse
Median Home Price
$380K
↓ 34.5% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
7.5 months of supply
Buyer's Market15 active listings—plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb—buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~78 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales have slowed 80% compared to 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Lake Hughes
Homeownership is higher than average—most households in this area own rather than rent.
65%
Homeowners
35%
Renters
Homeownership is 9.5% higher than the California average (55.5%)
298 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.2M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 12 bedrooms (+$4.4M)
Price Reductions
5 listings have reduced their price
33% of active listings
Average reduction: 10.2% (~$50K)
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