Lake Elsinore, CA
Housing market overview · Updated weekly
$580,000median sale price
Homes sold
46
Last 12 weeks
Days on market
65
Average pace
Active listings
170
3.7 months supply
Sale-to-list
99.0%
Below asking
The Lake Elsinore housing market is currently classified as a balanced market with a median sale price of $580,000. Prices have fallen 4.5% compared to last year, with homes spending an average of 65 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lake Elsinore
There are currently 170 homes listed for sale in Lake Elsinore, Ca. The median listing price is $600K.
Active listings
170
Homes on market
Median list price
$600K
Avg. days on market
65
Days until sale
New this week
70
Newly listed
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Frequently asked questions
What is the average home price in Lake Elsinore?
The median home sale price in Lake Elsinore is $580,000, down 4.5% from last year.
How long do homes stay on market in Lake Elsinore?
Homes typically spend 65 days on market before going under contract.
Is Lake Elsinore a buyer's or seller's market?
With 3.7 months of supply, Lake Elsinore is currently a balanced market.
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