Clearlake, CA Real Estate Market 2026

Investor-grade market analytics for Clearlake, California. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$311,709

-2.2% year-over-year

Est. Rental Yield

6.4%

gross annual

12-Month Forecast

-5.9%

base case (Zillow ZHVF)

-5.9% year-over-year

Market Momentum

❄️
Cooling
8.2mo supply · Score -3/7

Migration: Top 22% nationally

Income Migration

💰 Wealth Influx1.22x

In-migrants avg $66,631 AGI vs out-migrants $54,759

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Opportunity Zone Market

2 ZIP codes in Clearlake are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Clearlake Market Summary

Clearlake, CA is experiencing a correction with -2.2% year-over-year decline, signaling a buyer's market with softening demand. Affordability is moderately stretched with a price-to-income ratio of 5.31x, above the national average of 4.8x. Modest net positive migration (+188 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 6.41% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score67/100
Price-to-Income Ratio5.3x (national avg 4.8x)
Median Household Income$58,738

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-8.8%
Base Case-5.9%
Bull Case-2.9%

Climate & Natural Hazard Risk

Clearlake, CA's primary climate exposure is flooding (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Clearlake dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.