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Short Sale Listings in Lompoc, CA

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Living in Lompoc, CA

Lompoc, CA is a picturesque city celebrated for its beautiful landscapes and tight-knit community. Rich in culture and history, it offers numerous recreational activities and educational opportunities. Residents can enjoy the scenic coastal beauty, vibrant local arts scene, and a variety of festivals throughout the year.

Current Market Conditions in Lompoc, CA

The real estate market in Lompoc has been showing growth, with increased interest from investors due to its affordability compared to surrounding areas in Santa Barbara County. The city is experiencing a steady rise in home prices, providing a favorable environment for both homebuyers and investors looking for rental properties.

In recent years, Lompoc has seen an uptick in development projects and improvements to infrastructure, attracting families and young professionals alike. This trend is expected to continue, making it an opportune time for real estate investment in this charming city.

Home Value Estimator For Lompoc, CA

There are currently 14,415 real estate properties in Lompoc, CA, with a median automated valuation model (AVM) price of $555,504.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lompoc, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lompoc, CA, is $629,966.00, with the most expensive house in Lompoc, CA, topping out at $54,773,504.00 and the cheapest home in Lompoc, CA, clocking in at $26,309.00. In other words, there’s something for every potential homebuyer or savvy investor in Lompoc, CA!

Rent Prices In Lompoc, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lompoc, CA, is on a rollercoaster ride. The average rent price in Lompoc, CA, is $1,886.00. Indeed, when looking to rent in Lompoc, CA, you can expect to pay as little as $950.00 or as much as $4,380.00, with the average rent median estimated to be $1,830.00. The good news is that finding an affordable and desirable property to rent in Lompoc, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lompoc, CA Short Sale Listings


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