Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$509,347+2.4% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$110,416About 1.4× the local median income ($76,314): a stretch for a typical household
Days on market107 daysSlower than a year ago: buyers have time to negotiate
The typical home in Lake County, CO is worth $509,347, up 2.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $402,221, so the area is 26.6% overvalued. It is a buyer's market: homes take about 107 days to sell, listings are up 67% from a year ago, 18% of listings have had a price cut. A household needs about $110,416 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,314. Typical rent is $2,245 a month. In the latest IRS figures, 24 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$509,347
Change in 1 year
+2.4%
Overvalued %
+26.6%
Show 6 more
Fair home value
$402,221
Change in 5 years
+24.9%
Home value to income
6.7×
Monthly mortgage payment (20% down)
$2,760
Income needed to afford it
$110,416
Property tax rate
0.42%
Rent and investing
Typical rent
$2,245
Price-to-rent ratio
18.9×
HUD Fair Market Rent, 2 bedrooms
$1,485
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Gross rental yield
5.29%
Cap rate (estimate)
3.44%
Market activity
Listings vs a year ago
+66.7%
Days on market
107
Listings with a price cut
18.0%
Show 3 more
Homes for sale
95
Pending sales per 100 listings
8
Asking price per sq ft
$413
People and jobs
Median household income
$76,314
Population change (1 year)
+1.1%
Unemployment rate
2.2%
Show 4 more
Population
7,552
Income adjusted for cost of living
$78,271
Net moves in (IRS)
−24
Cost of living (US = 100)
97.5
Schools, risk and environment
School rating (1 to 10)
4.0
FEMA hazard risk score (0 to 100)
5.7
Flood risk score
8.7
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Wildfire risk score
23.4
Walkability (1 to 20)
7.1
Road, rail and air noise
51 dB
Questions people ask
Is Lake County, CO overvalued?
Home prices in Lake County, CO are well above what local incomes have historically supported: fair value is about $402,221, so the area is 26.6% overvalued.
Is Lake County, CO a buyer's or seller's market?
Lake County, CO is a buyer's market: homes take about 107 days to sell, listings are up 67% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Lake County, CO?
Home values in Lake County, CO are up 2.4% over the last year.
How much do you need to earn to buy a home in Lake County, CO?
A household needs about $110,416 a year to afford the typical home in Lake County, CO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,314.