Why Live in Lathrop
The Central Valley city of Lathrop is a small but growing bedroom community 10 miles south of Stockton. A report published by the U.S. Census Bureau in 2024 revealed that Lathrop was one of California’s fastest-growing cities; in 2023 alone, the city saw a nearly 14% population increase. Mike Samawi, a local Realtor with Team Samawi at Compass, notes that many of the city’s newer residents were drawn to Lathrop’s relative affordability. “After crossing the Altamont Pass, there are a handful of small cities along the highway heading eastward that offer affordable housing outside the Bay Area,” Samawi says. “In Lathrop, you get more for your money.” Lathrop shares its eastern border with neighboring Manteca, a slightly larger city.
In the late 2010s, several master planned subdivisions sprang up across town, helping to facilitate urban expansion. Despite this flurry of brand-new developments, Lathrop has a long history, dating back more than 150 years. “The city has actually been around since the late 1800s – the oldest section of the city is in Lathrop proper,” Samawi says. Lathrop began as a small railway town and depot along the transcontinental railroad in the 1870s; more than
Home Trends in Lathrop, CA
On average, homes in Lathrop, CA sell after 49 days on the market compared to the national average of 50 days. The median sale price for homes in Lathrop, CA over the last 12 months is $690,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$690,000
Median Single Family Sale Price
$705,700
Median Townhouse Sale Price
$515,000
Average Price Per Sq Ft
$329
Number of Homes for Sale
276
Last 12 months Home Sales
380
Median List Price
$712,531
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-2%