Is Upper Lake, CA 95485 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Upper Lake is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$300▲ +33.9% vs. last year

The Upper Lake housing market right now

In the three months ending August 31, 2026, 0% of homes in Upper Lake, CA 95485 sold above their list price, the typical home went under contract in 76 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold faster (95 days then) and the median sale price fell 16% to $334,855. Overall, Upper Lake is less competitive than a year ago, which gives buyers more room.

Within Lake County, homes here sell faster than in 91% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Lakeport 95453 (22% sold over asking) and Kelseyville 95451 (17% sold over asking) are even more competitive.

Nearby markets

Clearlake 95422Balanced $201 /sq ftClearlake Oaks 95423Buyer’s market $211 /sq ftCobb 95426Seller’s market $244 /sq ftGlenhaven 95443Buyer’s market $263 /sq ft Browse all markets →

Where Upper Lake is

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Questions about Upper Lake real estate

Is Upper Lake a buyer’s or seller’s market?

A buyer’s market: there were 7.5 months of supply in Upper Lake, CA 95485 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Upper Lake?

The typical home went under contract in 76 days in the latest three months.

Do homes in Upper Lake sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.

What are property taxes in Upper Lake?

About 1.15% of a home’s value a year in Lake County, or roughly $4,600 on a $400,000 home.

What is the median home price in Upper Lake?

The median sale price was $334,855 in the three months ending August 31, 2026, about $300 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology