Why Live in Lathrop
Lathrop is a rapidly growing commuter town in the Central Valley, located 10 miles south of Stockton. The city has seen significant population growth, with a nearly 14% increase in 2023, attracting new residents due to its relative affordability compared to the Bay Area. Lathrop features several master-planned communities, such as River Islands, Mossdale Landing, and Stanford Crossing, which offer unique amenities like nautical-themed designs and waterfront properties. The city has a mix of new developments and historical areas, with homes ranging from approximately $400,000 to $1 million. Lathrop High School, part of the Manteca Unified School District, is highly rated, and families can also choose from several charter schools, including the newly opened River Islands High School. The city boasts over 120 acres of outdoor space across 25 parks, featuring playgrounds, picnic areas, splash pads, and athletic facilities. Residents enjoy waterfront activities along the San Joaquin River and can visit nearby Yosemite National Park for longer trips. Dining options include the popular Lathrop Food Plaza with numerous food trucks, and shopping centers with stores like Target and Sprouts. Interstate 5 runs through Lathrop, connecting to Stockton and the Bay Area, while the Altamont Corridor Express provides commuter rail services. The Lathrop Police Department, established in 2022, reports crime rates lower than the national average, contributing to the area's appeal.
Home Trends in Lathrop, CA
On average, homes in Lathrop, CA sell after 50 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
$705,250
Median Townhouse Sale Price
$515,000
Average Price Per Sq Ft
$328
Number of Homes for Sale
285
Last 12 months Home Sales
387
Median List Price
$712,531
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-2%