Lake Elsinore, CA housing market
The typical Lake Elsinore home is worth about $584,000, about the same as a year ago, 24% below the California typical home. Homes typically sell in 54 days, close to asking.
Home values, sales, trends and how Lake Elsinore compares with the towns next door — updated as new data is published.
Lake Elsinore at a glance
A balanced market
About 4 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Lake Elsinore | California |
|---|---|---|
| 2017 | $319,000 | $453,000 |
| 2018 | $353,000 | $501,000 |
| 2019 | $371,000 | $539,000 |
| 2020 | $380,000 | $551,000 |
| 2021 | $425,000 | $607,000 |
| 2022 | $533,000 | $703,000 |
| 2023 | $557,000 | $727,000 |
| 2024 | $580,000 | $758,000 |
| 2025 | $597,000 | $782,000 |
| 2026 | $587,000 | $767,000 |
| August 2026 | $584,000 | $764,000 |
Lake Elsinore and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Lake Elsinore | $584K | −0.1% | 54 | $101,888 |
| Lakeland Village | — | — | 51 | $85,748 |
| Warm Springs | — | — | — | $70,341 |
| Canyon Lake | $701K | +1.7% | 61 | $126,926 |
| Meadowbrook | — | — | — | $56,212 |
| Wildomar | $652K | +0.4% | 42 | $103,506 |
| Temescal Valley | — | — | 48 | $122,051 |
5.7 years of income
The typical Lake Elsinore home costs about 5.7 years of the town's median household income, less than across California (7.7 years).
How Lake Elsinore ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.