Shasta Lake, CA


Highest Appreciating Shasta Lake Neighborhoods Since 2000

Shasta Lake, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Shasta Lake Housing Market Information

With a population of 10,159, 3,879 total housing units (homes and apartments), and a median house value of $179,889, Shasta Lake real estate values are some of the lowest in California, although compared to real estate around the nation, Shasta Lake homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Shasta Lake, accounting for 72.32% of the city's housing units. Other types of housing that are prevalent in Shasta Lake include mobile homes or trailers ( 12.56%), duplexes, homes converted to apartments or other small apartment buildings ( 8.89%), and a few large apartment complexes or high rise apartments ( 3.60%).

The most prevalent building size and type in Shasta Lake are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.68% owning and 40.32% renting.

There is a lot of housing in Shasta Lake built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Shasta Lake built between 1940-1969 ( 28.90%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.54%). There's also some housing in Shasta Lake built before 1939 ( 6.96%).

Shasta Lake Home Appreciation Rates

Homes have actually lost value in Shasta Lake over the last then years, as home values have seen a decline of 20.61% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Shasta Lake home appreciation rates at 0.82%, which equates to an annual appreciation rate of 3.33%.

Appreciation rates are so strong in Shasta Lake that despite a nationwide downturn in the housing market, Shasta Lake real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Shasta Lake appreciation rates continue to be some of the highest in America, at 7.75%, which is higher than appreciation rates in 85.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Shasta Lake. Shasta Lake appreciation rates in the latest quarter were at 0.82%, which equates to an annual appreciation rate of 3.33%.

Relative to California, our data show that Shasta Lake's latest annual appreciation rate is higher than 50% of the other cities and towns in California.

Average Home Values


Median Home Value:


Value Range
> $1,277,000 1.0
$958,001 - $1,277,000 0.1
$638,001 - $958,000 2.2
$511,001 - $638,000 0.1
$383,001 - $511,000 4.1
$255,001 - $383,000 17.3
$128,001 - $255,000 48.4
$64,001 - $128,000 14.5
$0 - $64,000 12.4

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
38.228055783429 90.3439153439153

Number Of Homes And Apartments:

Shasta Lake Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
77.85% 3.39% 4 9
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,373 / per month

Homeownership Rate

Owners 59.68
Renters 40.32
Vacant 8.77

Housing Market Details


Age of Homes

AGE OF Shasta Lake HOMES
2000 or Newer 17.5
1970 - 1999 46.6
1940 - 1969 28.9
1939 or Older 7.0

Types of Homes

Single-Family 72.3
Townhomes 2.4
Small Apt. Buildings 8.9
Apt. Complexes 3.6
Mobile Homes 12.6
Other 0.2

Home Size

No Bedroom 3.46
1 Bedroom 9.20
2 Bedrooms 31.23
3 Bedrooms 45.88
4 Bedrooms 8.56
5 or more bedrooms 1.67

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Zip Codes in Shasta Lake, CA