How much does it cost to buy a house in Lake Balboa, CA?

In June 2026 Lake Balboa homes were listed to buy for a median price of $875K, which is a 17% decrease to May 2025 last month, and a 16% decrease to June 2025 last year. The median value of a home listed to buy in Lake Balboa in June 2026 was $575 per sqft, which is a 5% decrease to May 2025 last month, and a 5% decrease to June 2025 last year.

Is it affordable or expensive to live in Lake Balboa, CA?

It is expensive to live in Lake Balboa. Buying a home in Lake Balboa is 2% more expensive compared with the national average.

Is it a good time to buy property in Lake Balboa, CA?

Yes now is a good time to buy property in Lake Balboa, in June 2026, homes in Lake Balboa have decreased in value (price per sqft) by 5% in the last year compared with June 2025.

Is the Lake Balboa, CA housing market slowing down?

In June 2026, homes to buy in Lake Balboa spent an median 37 days on the market, a same June 2025 last year.

What are the best and safest places to live in Lake Balboa, CA?

The best and safest neighborhoods to live in Lake Balboa in June 2026 are The Oaks, Bel Air, Cheviot Hills, Hancock Park, Venice Canals, Holmby Hills, Beverly Glen, Beverlywood, Venice Beach, Mar Vista, Silver Lake, Hollywood Hills West, Palisades Highlands, Atwater Village, Larchmont, Baldwin Hills Estates, Boyle Heights, Arts District, Friendly Valley Country Club, Calabasas Village

How much money should I make to buy a house in Lake Balboa, CA?

In June 2026, Lake Balboa homes were listed to buy for a median price of $875K, with 25% down you would need $4.7K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $161K.

Is it a good time to sell my house in Lake Balboa, CA?

Yes now is a good time to sell your house in Lake Balboa, in June 2026, homes in Lake Balboa have decreased in value (price per sqft) by 5% in the last year compared with June 2025.