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Lucerne, CA Real Estate


According to census data in the year 2000 there were 1,803 housing units in Lucerne. This represents a 42% growth from 1,270 in 1990.

Of those housing units, 1,436 were located in either urbanized areas or urban clusters, and 367 were located in what is classified as a rural area.

Homeownership rate in Lucerne is about 65.7%. Lucerne's vacancy rate, including seasonal lodging, is about 26.3%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Lucerne were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type3.80%
One Bedroom22.50%
Two Bedrooms46.40%
Three Bedrooms24.80%
Four Bedrooms2.20%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1973
Median Value of occupied units$91,700
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1975
Median Monthly Rent asked for vacant units$377

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.90%
Home Equity Loan3.40%
Simple Mortgage38.60%
Debt Free48.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.4%