Real Estate in Shasta lake, CA
Updated 2026 • Housing market data from 3 zip codes • Redfin data through January 2026
📊 Shasta lake, CA Market Activity
The Shasta lake housing market shows a median sale price of $372,000, 441.0% higher than last year. The price per square foot is $227, 227% above the national median of ~$215/sqft, up 82.0% year-over-year. Homes in Shasta lake spend a median of 56 days on market, longer than the national median of 42 days — giving buyers more negotiation room.
🏘️ Shasta lake Rental Market
The average rent in Shasta lake, CA is $1,563 per month. , while a 3-bedroom home averages $2,900/month.
📦 Shasta lake Housing Supply & Demand
There are 27 new listings and 17 active properties on the market.
🏆 Shasta lake Market Competitiveness
Homes in Shasta lake sell for an average of 100.0% of their asking price. About 22% of properties sell above list price, indicating moderate buyer competition.
On average, homes sell at or above asking price
22% of sales closed above asking, % at or below
📋 Housing Overview
Shasta lake, CA Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 249500, the balance between renting (38%) and owning (62%), and a population of 10335 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Rent vs. Buy Analysis
With a median home price of $249,500 and average rents of $1,563/month, the median household income of $54,490 provides context for affordability in Shasta lake. Whether you're looking to buy property in Shasta lake or invest in Shasta lake real estate, understanding the price-to-rent ratio helps determine if renting or owning makes more financial sense for your situation.
Economy & What Drives Shasta lake Real Estate
Real estate values in Shasta lake, CA are driven by local employment, school quality, and quality of life. The cost of living index of 122.0 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $54,490, residents have moderate purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across Shasta lake neighborhoods.
Pros & Cons
Pros
- •Friendly community vibe
- •Clean and safe parks
- •Family-friendly environment
- •Beautiful lake views
- •Growing job market opportunities
- •Low crime rate reported
- •Local events and festivals
- •Strong sense of community
- •Access to hiking trails
- •Great outdoor activities
Cons
- •Seasonal business fluctuations
- •Possible racial tensions exist
- •Limited nightlife options
- •Lack of public transportation
- •Less diversity in population
- •Higher cost of living
- •Older school infrastructures
- •Limited healthcare facilities
- •Few dining choices available
- •Remote location from cities
Frequently Asked Questions
What is the cost of living in Shasta lake, CA? ▼
The cost of living in Shasta lake, CA is 22% higher than the national average, with a cost of living index of 122 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Shasta lake, CA? ▼
In Shasta lake, CA, The median home price is $249,500. requiring approximately $96,321 annual income to afford. Average rent is $1,563/month (requiring ~$62,520/year income). The local median household income is $54,490, making homeownership attainable for typical residents. Explore Shasta lake real estate data →
Is Shasta lake, CA a safe place to live? ▼
Shasta lake, CA is an area where crime rates exceed the national average. The crime rate is 52.2 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Shasta lake crime statistics →
What salary do you need to live comfortably in Shasta lake, CA? ▼
To live comfortably in Shasta lake, CA and afford a median-priced home of $249,500, you would typically need a household income of $62,375 to $77,969 per year. The local median household income is $54,490. Renting requires approximately $62,520/year (at $1,563/month). See full affordability analysis →
Is Shasta lake, CA growing? ▼
Shasta lake, CA has a population of 10,335. As a smaller community, population trends depend on local housing development, job growth, and quality of life factors. The higher cost housing market and competitive job market shape migration patterns. See Shasta lake population demographics →
What are the best neighborhoods in Shasta lake, CA? ▼
The best neighborhoods in Shasta lake, CA depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $249,500 is below the national average. Explore Shasta lake on our interactive map →
What is the commute like in Shasta lake, CA? ▼
Commute times in Shasta lake, CA vary by neighborhood and workplace location. As a smaller community, residents typically drive, as public transit is limited. The moderate cost of living may allow for housing closer to employment centers. Explore commute times on our map →
How are the taxes in Shasta lake, CA? ▼
Tax rates in Shasta lake, CA include state and local components. The cost of living index of 122 indicates a higher cost environment compared to the national average. View detailed Shasta lake tax information →
How does Shasta lake, CA compare to nearby cities? ▼
Shasta lake, CA offers comparable costs to nearby communities. With a cost of living index of 122, median home prices of $249,500, and a crime rate of 52.25 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Shasta lake, CA? ▼
Weather in Shasta lake, CA varies by season. Climate data varies by season. View detailed Shasta lake climate & environment data →
Is it better to rent or buy in Shasta lake, CA? ▼
With a median home price of $249,500 and average rents of $1,563/month, the price-to-rent ratio in Shasta lake is 13.3x. This favors buying, as monthly mortgage payments may be comparable to or lower than rent. See full cost analysis →
What is the price per square foot in Shasta lake, CA? ▼
The median price per square foot in Shasta lake is $227, which is 5% above the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in Shasta lake, CA? ▼
Homes in Shasta lake spend a median of 56 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data →
Explore More About Shasta lake, CA
📅 Last Updated: January 2026
Sources: U.S. Census Bureau, Zillow, Redfin