With only 2.0 months of inventory, Lower Lake remains a seller's market. The median home price in Lower Lake currently stands at $820,000. With 2.0 months of supply, Lower Lake's inventory levels remain relatively tight. Homes are taking about 251 days to sell, which is 0 days longer than this time last year. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Lower Lake market with the affordability index at 3914.1. Based on current market indicators, home prices in Lower Lake are projected to decrease by approximately 16.5% over the next month.