ZIP Code Market Report
95423 — Clearlake Oaks, CA
Data through February 2026 · Updated monthly
Avg Home Value
$255,071
▼ 4.2% year-over-year
Month-over-Month
-0.4%
▼ 0.4%
Single Family
$255,952
Condo / Co-op
--
The average home value in the 95423 ZIP code (Clearlake Oaks, California) is $255,071 as of February 2026. Home prices are declining, down 4.2% compared to last year.
A 3-bedroom home in 95423 is valued at $309,801. 1-bedroom units start around $133,933.
The market in 95423 has a $193,473 spread between bottom-tier homes at $155,901 and top-tier homes at $349,374. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 95423 ZIP code will decrease 0.2% over the next 12 months, bringing the projected average to approximately $254,561. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Lake County market area in California. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Lake County report.
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Market Snapshot
95423 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $259,597 | $256,023 | $255,071 | ▼ 1.7% |
| Single Family Value | $257,574 | $256,784 | $255,952 | ▼ 0.6% |
Home Values
95423 Home Value Trend
Historical home values for ZIP code 95423. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 95423
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $133,933 |
| 2 Bedrooms | $227,801 |
| 3 Bedrooms | $309,801 |
| 4 Bedrooms | $347,418 |
Property Types
Home Values by Property Type in 95423
How different property types compare in this ZIP code.
All Homes
$255,071
Single Family
$255,952
Bottom Tier
$155,901
Top Tier
$349,374
Forecast
12-Month Home Value Forecast for 95423
Zillow projects home values in 95423 will decrease 0.2% over the next year, reaching approximately $254,561.
Current Value
$255,071
Projected Change
-0.2%
▼ 0.2%
Projected Value
$254,561
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 95423 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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