Foreclosure Homes in Shasta Lake, CA 96019

Buyer vs Seller Market in Shasta Lake, CA

The real estate market in Shasta Lake has shown steady growth over the last few years, driven by an influx of buyers attracted to the area's natural beauty and affordable housing options compared to larger cities. Homes in the area range from quaint single-family residences to larger custom-built properties with lake views, appealing to a wide demographic.

As of late 2023, the housing inventory is relatively low, leading to competitive pricing in many instances. Many buyers are willing to pay premium prices for homes near the lake, especially during the summer months when demand peaks. Additionally, investment properties and vacation rentals have seen a rise in interest due to tourism in the area.

Rent Prices In Shasta Lake, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shasta Lake, CA, is on a rollercoaster ride. The average rent price in Shasta Lake, CA, is $1,515.00. Indeed, when looking to rent in Shasta Lake, CA, you can expect to pay as little as $610.00 or as much as $2,470.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Shasta Lake, 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.