menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Shasta Lake, CA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Shasta Lake, CA Housing Market Trends

With a population of 10,335, 3,908 total housing units (homes and apartments), and a median house value of $272,072, 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 78.91% of the city's housing units. Other types of housing that are prevalent in Shasta Lake include mobile homes or trailers ( 11.34%), duplexes, homes converted to apartments or other small apartment buildings ( 5.35%), and a few large apartment complexes or high rise apartments ( 2.56%).

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 61.38% owning and 38.62% 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 ( 24.02%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.40%). There's also some housing in Shasta Lake built before 1939 ( 5.63%).

Shasta Lake Home Appreciation Rates

Appreciation rates for homes in Shasta Lake have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.17%, which ranks in the top 40% nationwide. This equates to an annual average Shasta Lake house appreciation rate of 6.81%.

Over the last year, Shasta Lake appreciation rates have trailed the rest of the nation. In the last twelve months, Shasta Lake's appreciation rate has been 2.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Shasta Lake were at 0.71%, which equates to an annual appreciation rate of 2.89%.

Relative to California, our data show that Shasta Lake's latest annual appreciation rate is higher than 60% of the other cities and towns in California.

Average Home Values

Median Home Value

$272,072

Shasta Lake, CA Home Prices
> $1,200,000
$900,001 - $1,200,000
$600,001 - $900,000
$480,001 - $600,000
$360,001 - $480,000
$240,001 - $360,000
$120,001 - $240,000
$60,001 - $120,000
$0 - $60,000
1.3%
1.3%
0.0%
0.0%
2.0%
2.0%
9.1%
9.1%
22.2%
22.2%
38.8%
38.8%
17.3%
17.3%
4.2%
4.2%
5.2%
5.2%
0% 100.0%
% of Homes
Very Low

for California

Average

for nation

Number of Homes And Apartments:

3,908

Shasta Lake Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,003 / per month

Homeownership Rate

Owners
Renters
61.4%
61.4%
38.6%
38.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.5%
7.5%
92.5%
92.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
21.4%
21.4%
48.9%
48.9%
24.0%
24.0%
5.6%
5.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
78.9%
78.9%
1.6%
1.6%
5.3%
5.3%
2.6%
2.6%
11.3%
11.3%
0.2%
0.2%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.8%
1.8%
8.2%
8.2%
26.1%
26.1%
55.6%
55.6%
6.7%
6.7%
1.5%
1.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Shasta Lake

Zip Codes in Shasta Lake, CA