The median home value in Shasta Lake, CA is $268,250. This is lower than the county median home value of $325,000. The national median home value is $308,980. The average price of homes sold in Shasta Lake, CA is $268,250. Approximately 63% of Shasta Lake homes are owned, compared to 32% rented, while 5% are vacant. Shasta Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Shasta Lake real estate agent to arrange a tour today! Learn more about Shasta Lake Real Estate.