Similar to its nearby areas, it is similar compared to the United States as a whole. Compared to the city of Sacramento however, it's a lot less expensive.
Home prices
The price of the median home in Lucerne is $207,400. Compared to its nearby areas this is about $9,240 (4%) higher.In comparison to the entire country it is roughly $10,100 (4%) lower, and compared to the city of Sacramento it is roughly $129,500 (38%) lower.
Rents
Lucerne's median monthly rent is $822. It is about $158 (16%) lower in comparison to the surrounding areas.It is about $240 (22%) lower compared to the rest of the nation, and compared to the city of Sacramento it is roughly $441 (34%) lower.
Nearby places
Soda Bay
Soda Bay is roughly 4 miles south of Lucerne. Real estate prices there are a bit more expensive. The value of the median home in Soda Bay is $233,800, which works out to $26,400 (11%) higher than Lucerne. Rents there are a little more expensive. Soda Bay's median rent is $1,098 per month, which is $276 (25%) higher than Lucerne.
Nice
Nice is roughly 5 miles northwest of Lucerne. Housing prices there are a lot less expensive. The median home price in Nice is $140,100, which comes out to $67,300 (48%) lower than Lucerne. The rent there is somewhat more expensive. The median rent in Nice is $993 per month, which comes out to $171 (17%) higher than Lucerne.
North Lakeport
North Lakeport is approximately 6 miles west from Lucerne. Housing prices there are a little more expensive. The median home in North Lakeport is valued at $237,600, which works out to $30,200 (12%) higher than Lucerne. Its rents are a bit more expensive. North Lakeport's median rent is $1,015 per month, which works out to $193 (19%) higher than Lucerne.
Clearlake Oaks
Clearlake Oaks is roughly 6 miles southeast of Lucerne. The real estate prices there are significantly less expensive. The median home in Clearlake Oaks costs $123,000, which works out to $84,400 (68%) lower than Lucerne. Rents there are somewhat more expensive. The median rent in Clearlake Oaks is $995 per month, which works out to $173 (17%) higher than Lucerne.
Lakeport
Lakeport is roughly 7 miles west from Lucerne. The housing prices there are a bit more expensive. The median home in Lakeport is valued at $256,300, which works out to $48,900 (19%) higher than Lucerne. Rents there are fairly similar. In Lakeport the median rent is $800 a month, which works out to $22 (2%) lower than Lucerne.
