Is Lakehead, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lakehead has remained a Seller's Market.
Key Takeaway
Lakehead is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lakehead, CA
How much do homes in Lakehead, CA cost?
Median Sold Price
$340,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lakehead have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Lakehead was $340,000 in April 2024, up 6.3% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.4K | $260K | +42.5% |
| 2 Bedrooms | $355K | $239.9K | -32.4% |
| 3 Bedrooms | $313K | $385K | +23.0% |
| 4 Bedrooms | $500K | $532.5K | +6.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lakehead housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.5%, 2 bedroom homes decreased by 32.4%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sacramento Canyon | $316.5K | $340K | +7.4% |
| Lakehead | $320K | $340K | +6.3% |
Housing Supply in Lakehead, CA
How many homes are available in Lakehead, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Lakehead real estate market had 10 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 1 | -75.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lakehead housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 75%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lakehead, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lakehead in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lakehead, CA
How long does it take to sell a home in Lakehead, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 153 Days | 69 Days | -54.6% |
Summary: Homes in Lakehead had an average of 69 days on market in Apr 2024, down by 54.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lakehead has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Lakehead; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.