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Is Lakehead, CA 96051 a buyer’s or seller’s market?

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

Lakehead is a buyer’s market. With about 7.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list92.1%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$170▼ −4.8% vs. last year

The Lakehead housing market right now

In the three months ending August 31, 2026, 0% of homes in Lakehead, CA 96051 sold above their list price, the typical home went under contract in 21 days and there were 7.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 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 14%, homes sold faster (33 days then) and the median sale price fell 12% to $264,885. Overall, Lakehead is less competitive than a year ago, which gives buyers more room.

Within Shasta County, homes here sell faster than in 85% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Shasta 96087 (100% sold over asking) and Millville 96062 (50% sold over asking) are even more competitive.

Run the numbers for 96051

Prefilled for 96051Can I win this house?Multiple-offer likelihood for a listing Prefilled for 96051Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Anderson 96007Seller’s market $256 /sq ftBella Vista 96008Balanced $233 /sq ftBig Bend 96011 — /sq ftBurney 96013Balanced $175 /sq ft Browse all markets →

Towns like Lakehead nearby

Find towns like Lakehead in other states →
Oak Run, CA96069 · 25 miles away82% similaryounger residents Shingletown, CA96088 · 39 miles away80% similarcheaper homes ($68K less) · larger Bella Vista, CA96008 · 21 miles away73% similaryounger residents · 9 min shorter commute Weed, CA96094 · 35 miles away59% similarcheaper homes ($28K less) · larger

Where Lakehead is

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Questions about Lakehead real estate

Is Lakehead a buyer’s or seller’s market?

A buyer’s market: there were 7.7 months of supply in Lakehead, CA 96051 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 Lakehead?

The typical home went under contract in 21 days in the latest three months.

Do homes in Lakehead sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 92.1% of the list price.

What are property taxes in Lakehead?

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

What is the median home price in Lakehead?

The median sale price was $264,885 in the three months ending August 31, 2026, about $170 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