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Lake Forest, CA Housing

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As of 2010-2014, median price of a house in Lake Forest is $507,600, which is higher than the state average of $371,400 and is much higher than the national average of $175,700. The Lake Forest median house value has grown by 82.59% since 2000. The growth rate for the price of a house in Lake Forest is higher than the state average rate of 75.60% and is higher than the national average rate of 46.91%. The median year that a house in Lake Forest was built is 1981, which is newer than the median year for a house built in the state which is 1974 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 18,814 Owner Occupied Houses in Lake Forest, CA, #284

Lake Forest, CA	507,600 USD
California	371,400 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #267

Lake Forest, CA	82.59%
California	75.60%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Lake Forest, CA	California	U.S.
Total Housing Units	27,772, see rank, 100%	13,781,929	132,741,033
Occupied Housing Units	26,772, 96.40%, see rank	91.55%	87.55%
Owner Occupied	18,814, 67.74%, see rank	50.13%	56.34%
Renter Occupied	7,958, 28.65%, see rank	41.42%	31.21%
Vacant Housing Units	1,000, 3.60%, see rank	8.45%	12.45%
For Rent	390, 1.40%, see rank	2.00%	2.34%
For Sale Only	304, 1.09%, see rank	0.83%	1.20%
Rented or Sold, Not Occupied	134, 0.48%, see rank	0.78%	0.92%
For Seasonal, Recreational, or Occasional Use	93, 0.33%, see rank	2.61%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	79, 0.28%, see rank	2.21%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #386

Lake Forest, CA	California	U.S.
1981	1974	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Lake Forest, CA	%	California	U.S.
Owner-Occupied Units	18,814	100%	6,908,925	74,787,460
With a Mortgage	15,698	83.44%, see rank	73.66%	65.58%
Without a Mortgage	3,116	16.56%, see rank	26.34%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lake Forest, CA	2,430 USD
California	2,214 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Lake Forest, CA	%	California	U.S.
$299 or Less	32	0.20%, see rank	0.15%	0.20%
$300 to $499	113	0.72%, see rank	0.75%	1.59%
$500 to $699	139	0.89%, see rank	1.72%	5.01%
$700 to $999	376	2.40%, see rank	5.23%	14.32%
$1,000 to $1,499	1,288	8.20%, see rank	15.72%	27.90%
$1,500 to $1,999	2,628	16.74%, see rank	19.12%	20.35%
$2,000 to $2,999	6,641	42.30%, see rank	30.16%	19.52%
$3,000 or More	4,481	28.55%, see rank	27.14%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lake Forest, CA	25.70% of the Total Income
California	28.30% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lake Forest, CA	%	California	U.S.
10% or Less	913	5.82%, see rank	4.28%	5.86%
10% to 20%	3,772	24.03%, see rank	22.58%	31.95%
20% to 30%	4,935	31.44%, see rank	27.14%	27.64%
30% to 40%	2,503	15.94%, see rank	16.99%	13.74%
40% or More	3,507	22.34%, see rank	28.35%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Lake Forest, CA	573 USD
California	493 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Lake Forest, CA	%	California	U.S.
$199 or Less	158	5.07%, see rank	7.54%	7.76%
$200 to $299	240	7.70%, see rank	12.68%	14.70%
$300 to $499	777	24.94%, see rank	30.95%	34.63%
$500 to $699	956	30.68%, see rank	21.93%	21.16%
$700 or More	985	31.61%, see rank	26.89%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lake Forest, CA	10.00% of the Total Income
California	11.30% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lake Forest, CA	%	California	U.S.
10% or Less	1,559	50.03%, see rank	44.55%	40.19%
10% to 20%	656	21.05%, see rank	28.27%	31.47%
20% to 30%	399	12.80%, see rank	10.90%	12.24%
30% to 40%	154	4.94%, see rank	5.32%	5.64%
40% or More	342	10.98%, see rank	9.62%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lake Forest, CA	California	U.S.
Total Housing Units	27,772, 100%	13,781,929	132,741,033
1-unit, Detached	15,158, 54.58%, see rank	58.17%	61.65%
1-unit, Attached	4,500, 16.20%, see rank	6.97%	5.82%
2 Units	151, 0.54%, see rank	2.54%	3.75%
3 or 4 Units	1,363, 4.91%, see rank	5.54%	4.43%
5 to 9 Units	2,418, 8.71%, see rank	6.12%	4.78%
10 or More Units	3,044, 10.96%, see rank	16.79%	13.08%
Mobile Home, Boat, RV, Van, etc.	1,138, 4.10%, see rank	3.88%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Lake Forest, CA	California	U.S.
Total Housing Units	27,772, 100%	13,781,929	132,741,033
1 Room	191, 0.69%, see rank	3.13%	1.95%
2 Rooms	663, 2.39%, see rank	3.93%	2.48%
3 Rooms	2,522, 9.08%, see rank	12.05%	9.13%
4 Rooms	5,127, 18.46%, see rank	19.24%	16.60%
5 Rooms	4,685, 16.87%, see rank	20.56%	20.41%
6 Rooms	4,473, 16.11%, see rank	16.99%	18.06%
7 Rooms	4,332, 15.60%, see rank	11.06%	12.27%
8 Rooms	3,192, 11.49%, see rank	6.58%	8.48%
9 Rooms or More	2,587, 9.32%, see rank	6.46%	10.60%
Median Rooms	5.70, see rank	5.10	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Lake Forest, CA	California	U.S.
Total Housing Units	27,772, 100%	13,781,929	132,741,033
No Bedroom	196, 0.71%, see rank	3.56%	2.17%
1 Bedroom	2,895, 10.42%, see rank	14.11%	11.16%
2 Bedrooms	7,179, 25.85%, see rank	28.01%	26.69%
3 Bedrooms	8,329, 29.99%, see rank	33.46%	39.70%
4 Bedrooms	7,599, 27.36%, see rank	16.55%	16.05%
5 or More Bedrooms	1,574, 5.67%, see rank	4.31%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Lake Forest, CA	California	U.S.
Total Housing Units	26,772, 100%	12,617,280	116,211,092
Utility Gas	20,387, 76.15%, see rank	65.57%	48.85%
Bottled, Tank, or LP Gas	254, 0.95%, see rank	3.16%	4.86%
Electricity	5,721, 21.37%, see rank	25.76%	36.68%
Fuel Oil, Kerosene, etc.	28, 0.10%, see rank	0.27%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	16, 0.06%, see rank	1.73%	2.12%
Solar Energy	55, 0.21%, see rank	0.14%	0.05%
Other Fuel	15, 0.06%, see rank	0.35%	0.47%
No Fuel Used	296, 1.11%, see rank	3.02%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lake Forest, CA	California	U.S.
Occupied Units Paying Rent	7,774, 100%	5,526,560	39,201,928
$199 or Less	63, 0.81%, see rank	0.65%	1.50%
$200 to $299	115, 1.48%, see rank	2.00%	3.18%
$300 to $499	76, 0.98%, see rank	3.28%	7.37%
$500 to $699	66, 0.85%, see rank	6.23%	16.01%
$700 to $999	248, 3.19%, see rank	19.65%	29.17%
$1,000 to $1,499	2,213, 28.47%, see rank	34.37%	26.88%
$1,500 to $1,999	3,055, 39.30%, see rank	19.29%	9.79%
$2,000 or More	1,938, 24.93%, see rank	14.52%	6.10%
Median	$1,681, see rank	$1,243	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Lake Forest, CA	California	U.S.
Occupied Housing Units	26,772, 100%	12,617,280	116,211,092
No Vehicles Available	771, 2.88%, see rank	7.81%	9.12%
1 Vehicles Available	6,797, 25.39%, see rank	32.17%	33.80%
2 Vehicles Available	11,801, 44.08%, see rank	37.49%	37.48%
3 or More Vehicles Available	7,403, 27.65%, see rank	22.54%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.